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715-717 W Cumberland Street

PHILADELPHIA, PA 19133
  • $319,000
  • STATUS: Active Under Contract
  • ON SITE: 169 Days
  • MLS #: PAPH2220672
Under Contract
UPDATED: 87 min ago
$319,000
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

The Cumberland St property comprises 16 shovel- ready one-bedroom apartments, perfectly situated inthe growing Temple town neighborhood just outside Temple University+GGs campus. Its prime location offerseasy access to various amenities, making it an ideal residence for students, young professionals, and small families alike. Each apartment is designed with modern amenities, ensuring residents experience a comfortable and convenient lifestyle. At an estimated rent of $1,122 per unit, the property boasts a strong annual rentalincome of $215,424, making it a highly attractive investment opportunity for potential landlords.The project is fully shovel-ready, with all necessary permits, approvals, and infrastructure in place for immediate construction. Thanks to the site+GGs easy accessibility and favorable topography, the construction process is expected to be smooth and hassle-free.The building+GGs architecture is both stylish and modern, utilizing the latest building techniques and materials to ensure structural safety and longevity. Additionally, the design maximizes natural light and ventilation, creating a bright and airy atmosphere that enhances the living experience.For investors looking to add a stable and reliable income stream to their portfolio, 715-717 Cumberland St presents an excellent investment opportunity. With its prime location, modern amenities, and easy rental potential, the property is sure to attract tenants quickly and generate a healthy return on investment.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Ferzoco Group | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-09-21T06:57:19.41.
www.theferzocogroup.com/homes/138282393
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715-717 W Cumberland Street PHILADELPHIA, PA 19133

  • Price: $319,000
  • Status: Active Under Contract
  • On Site: 169 Days
  • Updated: 87 min ago
  • MLS #: PAPH2220672
0
Beds
0
Baths
0
½ Baths
0.02
Acres
Neighborhood:
19133 (19133)
County:
Philadelphia
Area:
19133 (19133)
School District:
The School District Of Philadelphia
Property Description
The Cumberland St property comprises 16 shovel- ready one-bedroom apartments, perfectly situated inthe growing Temple town neighborhood just outside Temple University+GGs campus. Its prime location offerseasy access to various amenities, making it an ideal residence for students, young professionals, and small families alike. Each apartment is designed with modern amenities, ensuring residents experience a comfortable and convenient lifestyle. At an estimated rent of $1,122 per unit, the property boasts a strong annual rentalincome of $215,424, making it a highly attractive investment opportunity for potential landlords.The project is fully shovel-ready, with all necessary permits, approvals, and infrastructure in place for immediate construction. Thanks to the site+GGs easy accessibility and favorable topography, the construction process is expected to be smooth and hassle-free.The building+GGs architecture is both stylish and modern, utilizing the latest building techniques and materials to ensure structural safety and longevity. Additionally, the design maximizes natural light and ventilation, creating a bright and airy atmosphere that enhances the living experience.For investors looking to add a stable and reliable income stream to their portfolio, 715-717 Cumberland St presents an excellent investment opportunity. With its prime location, modern amenities, and easy rental potential, the property is sure to attract tenants quickly and generate a healthy return on investment.
Exterior Features

Garage YN No Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Property Features

Assessment Year 2021 Association YN No Central Air YN No Construction Completed YN No Current Use Land/Lot OnlyVacant Federal Flood Zone YN No Municipality Philadelphia Navigable Water YN N Original MLSNumber 802253248502 Ownership Interest Fee Simple Possession 0-30 Days Cd Property Sub Type Land Sale Type Standard Sewer Public Sewer Tax Annual Amount 195.00 Tax Assessment Amount 13900.00 Vacation Rental YN No Water Source Public Zoning Rm1

Listing courtesy of Bhhs Fox & Roach-Center City Walnut: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Ferzoco Group | EXP Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-09-21T06:57:19.41.
 
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The Ferzoco Group | EXP Realty
5901 New Jersey Ave.
Wildwood Crest NJ, 08260