This Multifamily Property is no longer advertised on LoopNet.com.
4 Leverington Ave
Watermill Lofts · Multifamily Property For Sale
·
20 Units
INVESTMENT HIGHLIGHTS
20 Multifamily Units & 1 Retail Unit | Manayunk Neighborhood of Philadelphia, PA
Approximately 5% Upside with In-Place Market Rents
Off-Street Parking Available | 21 Spaces
Short Term Assumable Financing at 4.06% | $3.255M Loan Balance with Approx. Two Years Remaining
Convert Commercial to Multifamily | Opportunity to Add Additional Units
Waterfront Apartment Views | Immediate access to Schuylkill River Bike Trail
PROPERTY FACTS
No. Units
20
Property Type
Multifamily
Property Subtype
Apartment
Apartment Style
Low-Rise
Building Class
B
Lot Size
0.29 AC
Building Size
23,052 SF
No. Stories
3
Year Built/Renovated
1877/2014
Parking Ratio
0.91/1,000 SF
Zoning
I2 - Commercial
AMENITIES
UNIT AMENITIES
Air Conditioning Cable Ready Dishwasher Microwave
Washer/Dryer Heating Granite Countertops Hardwood Floors
High Speed Internet Access Oven Sprinkler System
Stainless Steel Appliances Carpet Loft Layout
SITE AMENITIES
UNIT MIX INFORMATION
DESCRIPTION
NO. UNITS
AVG. RENT/MO
SF
Studios
5
$1,282
464
1+1
10
$1,579
664 - 1,000
2+1
4
$2,026
1,009 - 1,370
2+2
1
$2,195
1,100 - 1,200
PROPERTY TAXES
Parcel Number
881079260
Improvements Assessment
$1,854,790
Land Assessment
$794,910
Total Assessment
$2,649,700
