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2121 E Dauphin St 10 Unit Apartment Building $1,245,000 ($124,500/Unit) Philadelphia, PA 19125
INVESTMENT HIGHLIGHTS
- Exclusive Investment Opportunity in Fishtown!
- This prime location keeps the demand high for these units
- A short distance to the I-95 entrance,
- This property offers a fantastic opportunity for investors looking for a stable, cash-flowing asset in a highly desirable location
- Just one block from the Market-Frankford Line
- Offering easy access to Center City, New York, and Washington D.C.
EXECUTIVE SUMMARY
Exclusive Investment Opportunity in Fishtown! We are pleased to present the exclusive sale of 2121-23 E Dauphin Street, a prime 10-unit apartment building in the heart of one of Philadelphia's most sought-after neighborhoods: Fishtown. This property offers a fantastic opportunity for investors looking for a stable, cash-flowing asset in a highly desirable location. The 10 fully renovated units were completed in 2019, offering modern finishes and strong appeal to tenants plus peace of mind for a property owner to not have to handle cumbersome renovations. One one-bedroom unit and 9 studios make up with the building - rent roll available upon request.
This prime location keeps the demand high for these units. Just one block from the Market-Frankford Line (“The El”) and a short distance to the I-95 entrance, offering easy access to Center City, New York, and Washington D.C. Tenants will enjoy living steps from nationally acclaimed bars, restaurants, and local gems including like ZigZag BBQ, Martha, Vessel Collective Coffee, Riverwards Produce, Fiore, Philadelphia Brewing Co, Yuhiro Sushi, Lost Time Brewing Co, Tulip Pasta and Wine, Mural City Winery, and many, many more.
This prime location keeps the demand high for these units. Just one block from the Market-Frankford Line (“The El”) and a short distance to the I-95 entrance, offering easy access to Center City, New York, and Washington D.C. Tenants will enjoy living steps from nationally acclaimed bars, restaurants, and local gems including like ZigZag BBQ, Martha, Vessel Collective Coffee, Riverwards Produce, Fiore, Philadelphia Brewing Co, Yuhiro Sushi, Lost Time Brewing Co, Tulip Pasta and Wine, Mural City Winery, and many, many more.
PROPERTY FACTS
| Price | $1,245,000 | Building Class | C |
| Price Per Unit | $124,500 | Lot Size | 0.08 AC |
| Sale Type | Investment | Building Size | 8,677 SF |
| No. Units | 10 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1875/2019 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | RM-1 - RM-1 districts are primarily intended to accommodate moderate-to-high density, multi-unit residential buildings in areas | ||
| Price | $1,245,000 |
| Price Per Unit | $124,500 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 8,677 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1875/2019 |
| Opportunity Zone |
Yes |
| Zoning | RM-1 - RM-1 districts are primarily intended to accommodate moderate-to-high density, multi-unit residential buildings in areas |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Tenant Controlled HVAC
- Gated
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 9 | - | 165 - 234 |
| 1+1 | 1 | - | 410 |
1 1
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (83)
PROPERTY TAXES
| Parcel Number | 884346640 | Improvements Assessment | $291,920 |
| Land Assessment | $72,980 | Total Assessment | $364,900 |
PROPERTY TAXES
Parcel Number
884346640
Land Assessment
$72,980
Improvements Assessment
$291,920
Total Assessment
$364,900
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