Price $6,500,000
Status Active
Beds 0
Baths 0 Bath
Home size 15,000 sqft
Lot Size 4,356 sqft
Days on Market 8
The Columbia is a best in class boutique apartment building under construction in Fishtown, Philly's hottest location and most in demand residential submarket. With 412,800 in projected rental income, The 17 unit Property is ideal for a 1031 exchange and will cash flow from Day One. Spanning over 15,000 SF with elevator, common roof terrace and parking, The Property is outfitted with high design fixtures, finishes and features throughout. Pre leasing to commence upon construction completion Spring 2021. The apartments will lease themselves year over year. Pro forma annual net operating income of 347,820. Average rents projected around 2000/mo. Walkable to all of the city's best amenities and restaurants. 10 year tax abatement. Pre-CO Qualified Opportunity Zone (QOZ) asset. MAKE YOUR MOVE.
Property Type(s): Multi Family
Last Updated 2/22/2021 Tract FISHTOWN
Year Built 2021 Community PHILADELPHIA
Garage Spaces 5.0 County PHILADELPHIA

SCHOOLS

School District THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Details

AIR Central A/C
AIR CONDITIONING Yes
AREA PHILADELPHIA
CONSTRUCTION Aluminum Siding, Brick, Combination
GARAGE Yes
HEAT Central
HOA DUES None
LOT 4356 sq ft
LOT DIMENSIONS 36.63 x 121.25
SEWER Public Sewer
STYLE Contemporary, Interior Row/Townhouse
SUBDIVISION FISHTOWN
TAXES 5767.00
VIEW DESCRIPTION City
WATER Public
ZONING IRMX

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for The Barach Group to contact you even if your name is on a Federal or State "Do not call List".

Listing provided by Compass Pennsylvania, LLC
BrightMLS

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which COMPASS participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than COMPASS are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
2021 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 3/1/21 1:54 PM PST

This IDX solution is (c) Diverse Solutions 2021.

Email a Friend