705-715 E Church Ln | Philadelphia, PA 19144
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705-715 E Church Ln
Philadelphia, PA 19144
Fieldview Apartments · Multifamily Property For Sale
·
54 Units
Investment Highlights
- 54 Units with Additional Fit-Out Potential | Operates as a 54-unit property, but is zoned for 57. 3 more apartments can increase long-term revenue.
- Significant Value-Add Opportunity | In-place rents are approximately 29% below market and 46% below renovated comparables.
- Proximity to Transit, Education & Healthcare | Steps from La Salle University and major healthcare employers, with easy access to SEPTA bus lines.
- Balanced Unit Mix | 37 one-bedroom and 17 two-bedroom apartments, catering to a broad tenant base in a demand-driven residential submarket.
- Off-Street Parking | Parking lot adjacent to the building with ample parking.
Property Facts
| No. Units | 54 | Lot Size | 1.28 AC |
| Property Type | Multifamily | Building Size | 41,430 SF |
| Property Subtype | Apartment | Average Occupancy | 96% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1968 |
| Zoning | R12 - residential zone | ||
| No. Units | 54 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.28 AC |
| Building Size | 41,430 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built | 1968 |
| Zoning | R12 - residential zone |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Hardwood Floors
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Security System
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 37 | - | 542 - 702 |
| 2+1 | 20 | - | 538 - 687 |
Property Taxes
| Parcel Number | 881058100 | Improvements Assessment | $2,618,000 |
| Land Assessment | $1,122,000 | Total Assessment | $3,740,000 |
Property Taxes
Parcel Number
881058100
Land Assessment
$1,122,000
Improvements Assessment
$2,618,000
Total Assessment
$3,740,000
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