1312-1316 S Grove St | Philadelphia, PA 19146
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- LoopNet Team
1312-1316 S Grove St
Philadelphia, PA 19146
The Residences at 1312-16 Grove Street · Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- New Construction Property in the Forgotten Bottom Neighborhood of Philadelphia
- Assumable Financing - 4.2% Rate
- Strong Location Near Pennovation Center and I-76, With Easy Access to University City and Center City
- 2019 Construction with Six Years Left on Tax Abatement
- Large Two- and Three-Bedroom Units with High-End Finishes
- Can be Purchased Together with Harmony Street Apartments: 19 Units 2023 Construction, Located on Neighboring Block
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.02 AC |
| Property Type | Multifamily | Building Size | 6,114 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2019 |
| Building Class | B | ||
| Zoning | RM1 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.02 AC |
| Building Size | 6,114 SF |
| No. Stories | 3 |
| Year Built | 2019 |
| Zoning | RM1 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 2 | $1,550 | 752 |
| 3+2 | 3 | $2,003 | 1,377 |
PROPERTY TAXES
| Parcel Number | 881341000 | Improvements Assessment | $783,900 |
| Land Assessment | $87,100 | Total Assessment | $871,000 |
PROPERTY TAXES
Parcel Number
881341000
Land Assessment
$87,100
Improvements Assessment
$783,900
Total Assessment
$871,000
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