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Mike Terranova

mike@theterranovateam.com +1(302) 299-6621

$ 1,199,900

Est. payment -/mo

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711 N BROOKLYN ST Philadelphia, PA 19104

3,600 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $333

MLS Listing ID PAPH2464984

Style Contemporary

Abv Grd Liv Area 3,600

Originating Board BRIGHT

Year Built 2023

Annual Tax Amount $646

Tax Year 2024

Lot Size 1,165 Sqft

Acres 0.03

Lot Dimensions 16.00 x 75.00

Property Sub-Type Triplex

Property Description

**Stunning NEW CONSTRUCTION Multi-Family Investment Opportunity at 711 Brooklyn St, Philadelphia, PA 19104** Seize the chance to own this exceptional income-generating property located in the heart of Philadelphia. This well-maintained, fully occupied building offers a prime investment opportunity with solid returns and minimal hassle. **Property Highlights:** - **Address:** 711 Brooklyn St, Philadelphia, PA 19104 - **Total Monthly Income:** $5,664 - **Unit 1: A Bi-Level 3 Bedrooms, 3 full bathrooms and a back Yard $2,136 - **Unit 2: A 2 bedrooms and 2 full bathrooms $1,764 - **Unit 3: A 2 bedrooms, 2 full bathrooms and a rooftop Deck $1,764 **Stable Tenancies:** All leases are Section 8, locked in for 2 years, eliminating the annual hassle of finding new tenants. - **Thorough Screening:** All tenants have passed comprehensive credit, criminal, and eviction checks, ensuring a reliable and responsible tenancy. - **Tenant-Paid Utilities:** Tenants are responsible for all utilities except water, minimizing your expenses. **Why Invest in 711 Brooklyn St:** - **Guaranteed Income:** With Section 8 leases in place, enjoy a steady income stream without the worry of tenant turnover. - **Low Maintenance:** The building is in excellent condition, and tenants cover most utilities, reducing your management responsibilities. - **Prime Location:** Situated in a desirable area of Philadelphia, this property is attractive to tenants, ensuring high occupancy rates. This property is a rare find in today's market, offering both stability and profitability. Don't miss your chance to add this gem to your investment portfolio. Contact us today to schedule a viewing and discover all that 711 Brooklyn St has to offer!

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RSA5

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Flooring Luxury Vinyl Plank

Equipment Disposal, Dishwasher, Intercom, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Stainless Steel Appliances

Fireplace N

Appliance Disposal, Dishwasher, Intercom, Microwave, Oven/Range - Electric, Refrigerator, Washer/Dryer Stacked, Stainless Steel Appliances

Heat Source Electric

Exterior

Exterior Feature Patio(s), Roof

Water Access N

Roof Type Fiberglass

Accessibility None

Porch Patio(s), Roof

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

Structure Type 9'+ Ceilings,Dry Wall

New Construction Y

Schools

School District Philadelphia City

Others

Tax ID 061264000

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Financing Conventional,Cash

Special Listing Condition Standard

Listed by Oriel Zach • KW Empower

Mike Terranova

Agent | RS-DE: RS0024366 | PA: RS338692

+1(302) 299-6621

Mike Terranova

711 N BROOKLYN ST Philadelphia, PA 19104

Key Details

Location

Interior

Exterior

Building

Schools

Others

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711 N BROOKLYN ST