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1629 Swain St
For Sale $1,100,000 ($305.56 per Sq Ft)
$1,100,000 ($305.56 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 3,600 Sq Ft
- 1,080 Sq Ft
Description
This bright and beautiful fully-occupied triplex has 3 luxury apartments - 1 on each floor. The property was originally designed and constructed by an experienced builder with the intent of selling them as luxury condo units, so the finishes and quality of construction exceeds most multifamily properties in the area. Each unit features central AC, in-unit laundry, gas cooking, dishwasher, and large bedrooms with full closets. The units have open concept floorplans with the ultra modern kitchens and breakfast bars overlooking the large living room/dining room areas. The units also feature video intercoms connected to the camera at the building's front door. The first floor unit(#1) has a private outdoor patio, perfect for pet owners. The top floor unit(#3) has a fiberglass roof deck that spans the entire footprint of the building and has unobstructed 360-degree views! The roof deck was just recently recoated and repainted. The property is located in the heart of the rapidly developing/appreciating Francisville neighborhood and just one block from the corridor of restaurants/coffee shops/retail that Fairmount Avenue has to offer. The location has a WalkScore of 90 and is conveniently located < 3 blocks away from the Broad Street Line and Indego Bike station. The units all have long-term tenants paying market rents - a full rent roll is available in the 'documents' tab of the MLS listing. The leases all have built-in rent increases at renewal, additional pet rents, and monthly water/sewer fees paid by the tenants. Oh, and 3+ years remaining on the TAX ABATEMENT!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,100,000 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 3,600 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 2017 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 152185910 |
| MLS # | PAPH2382810 |
| Property ID | 319733298 |
| Lot Sqft | 1,080 |
| Zoning | RM1 |
| Total Units | 3 |
| Days on Market | 137 |
| Original List Price | Unknown |
| Applicances | Built-In Microwave,Dishwasher,Dryer,Oven/Range - Gas,Stainless Steel Appliances,Washer% |
| Date Updated | September 24, 2024 |
| Date Created | August 08, 2024 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $72,000 | $0 |
| Cap Rate | 5.69% |
Listing Provided By
Neil P Dessecker an agent of . Lic #RS325498
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Data last updated: December 23, 2024.
Robert Crawford
REAL ESTATE AGENT