1426 SOUTH ST $10,800,000

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    1426 SOUTH ST PHILADELPHIA, PA 19146

    • 25,909 sq.ft.
    • 0.14 Acres
    • Commercial
    MLS# 1003243739
    SOLD 8/9/2017

    $10,800,000

    Market Estimate
    Days On Market: 234 5 Views
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    Property Details

    New construction mixed use property that consists of 34 residential units and 1 commercial space occupied by Freehouse Fitness Studio. The fitness studio has a long term lease in place and has quickly become one of the neighborhood's favorites. The 34 units consist of all 1 bedroom apartments. The rental units have been outfitted with many upgraded finishes including central air, washer/dryer in each unit, video intercom system, hardwood floors, stainless steel appliances, and spacious living areas. The building has a 10 year approved Tax Abatement and the property was just built in 2016! Building has a trash room, bicycle room, tenant parking, roof deck, and elevator! All utilities are separately metered for each unit and tenants pay their own utilities including water. The gross annual rents for the property total 701,640.

    Neighborhood

    Market Last 30 Days

    $336,500 Median Sales Price
    69 Homes Sold
    92 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        8/9/2017 3:00:00 AM Sold Source New Value: $10,800,000

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