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507-515 S 8th St
Philadelphia, PA 19147
The Bradford · Multifamily Property For Sale · 26 Units

INVESTMENT HIGHLIGHTS

  • Luxury Apartments: High Quality Apartments with Premium Finishes; Secure Entry with Video Access in All Units and In-Unit Washer & Dryer
  • Rental Upside: Below Market In-Place Rents
  • Income-Producing Parking: 8 Parking Spaces; Waitlist on File
  • Desirable Unit Mix: 12% Studio, 73% One-Bedroom, and 15% Two-Bedroom
  • Real Estate Tax Abatement: 10-Year Abatement Commenced in 2018; Full Real Estate Taxes Abated through 2028
  • Washington Square West: One of Center City’s Most Desirable Walkable/Bikeable Neighborhoods

PROPERTY FACTS

No. Units 26
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class A
Lot Size 0.22 AC
Building Size 18,809 SF
No. Stories 3
Year Built 2017
Parking Ratio 0.43/1,000 SF
Zoning RM1 - RM-1 zoning is a residential zoning district that is intended for multi-unit residential buildings, usually with moderate to high density

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Heating
  • Kitchen
  • Hardwood Floors
  • High Speed Internet Access
  • Ice Maker
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Handrails
  • Warming Drawer
  • Wheelchair Accessible (Rooms)
  • Window Coverings
  • Large Bedrooms

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Energy Star Labeled
  • Renters Insurance Program
  • Hearing Impaired Accessible
  • Maintenance on site
  • Online Services
  • Vision Impaired Accessible
  • Individual Locking Bedrooms
  • Private Bathroom

SUSTAINABILITY

Energy Star Certified
97
ENERGY STAR certified buildings save energy and help protect the environment.

SUSTAINABILITY

ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
881555800
Land Assessment
$676,000
Improvements Assessment
$6,084,000
Total Assessment
$6,760,000
  • Listing ID: 31405225

  • Date on Market: 4/3/2024

  • Last Updated:

  • Address: 507-515 S 8th St, Philadelphia, PA 19147

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