2217 W THOMPSON ST new to site

Philadelphia,PA 19121

$ 785000

- Bed

- Bath

2857 SqFt


Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,857 sqft

Price per Sqft $274

MLS Listing ID PAPH2452710

Style Traditional

Abv Grd Liv Area 2,857

Originating Board BRIGHT

Year Built 2022

Available Date 2025-03-19

Annual Tax Amount $2,309

Tax Year 2024

Lot Size 1,216 Sqft

Acres 0.03

Lot Dimensions 16.00 x 76.00

Property Sub-Type End of Row/Townhouse

Property Description

Offering a 1% Rate Buy-down for the first year at NO COST TO THE Buyer, if Buyer uses preferred lender with Movement Mortgage! ALSO, inquire about the assumable FHA loan at 5%!

Newly built Triplex (2022) in the booming Brewerytown neighborhood, an excellent investment opportunity with increasing rental amounts YOY, with 8 years left on the full-10y Tax Abatement! The modern, sleek finishes throughout create a bright and inviting atmosphere, perfect for both relaxing and entertaining. Enjoy the fresh, clean aesthetic with neutral tones that complement any decor style.

The first-floor features a 3-bedroom, 3.5-bathroom bi-level unit with a private backyard. Just freshly painted and floors refinished, this unit is now vacant and could be perfect for an owner-occupant OR it can be rented at $1,850-$1,950/ month.

Unit 2 features 2-bedrooms, 2-bathrooms and is currently leased at $1,450/ month.

The third-floor, featuring 2-bedrooms, 2-bathrooms, is being utilized as a short-term rental, averaging $2,500/ month. The roof top deck adds an extra layer of luxury to the 3rd floor unit, capturing amazing city views. Could be long-term leased at $1,550-$1,600/ month.

All units have washer/dryers in unit.

Located mid-way between Center City and Temple University and just east of Brewerytown, this triplex is located in quite an up-and-coming area.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Interior

Hot Water Electric

Cooling Central A/C

Inclusions washer/dryer, all appliances in as-is where-is condition

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 291043110

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing FHA,Cash,Conventional,Assumption

Listing Terms FHA,Cash,Conventional,Assumption

Financing FHA,Cash,Conventional,Assumption

Special Listing Condition Standard

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