The Only Name You Need In Real Estate! When Results Matter!
Courtesy of: JBMP Group
Days On Market: 135
Year Build: 2017
Address: 1216-22 N 7TH ST
JBMP Real Estate Group, LLC (“JBMP”) is pleased to extend to qualified investors the opportunity to acquire 1216-22 N 7th Street (the “Property”) an 18 unit portfolio located less than two miles from Center City, Philadelphia.
The Property presents the unique opportunity to acquire a well located, cash flowing investment with significant upside potential located in the highly sought after 19122 zip code. The Property is perfectly positioned in the market as a convenient and an affordable option for graduate students and young professional renters as rates in 19123 and 19125 continue to increase dramatically year-over-year.
All units include top of the line finishes and features that have created significant leasing demand, allowing for minimal vacancy and a high quality tenant base. The Property will be sold fully stabilized at market rents with 4+ years remaining on the tax abatement. The unit mix consists of six (6) three bedroom units, and twelve (12) two bedroom units. Each unit features a desirable open-concept layout, with all units including a private outdoor space. The Property is strategically positioned within walking distance on Fishtown, Northern Liberties, and Temple University allowing for a diverse tenant base of students and young professionals.
Courtesy of: JBMP Group Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 1st February, 2023 1:52 AM (UTC)