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| Description |
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Extraordinary investment opportunity in booming Fairmount! Ground-up new construction, over $103,000 in projected net annual income, solid 8.75% cap rate. Estimated June 2024 completion. Stunning curb appeal with custom corrugated stone, white brick, Parisian wrought-iron Juliette balconies. Ground-floor bi-level commercial space features 12’ main-level ceilings and 8’ below-grade. Luxury 1-bedroom apartments offer 730 square feet of brilliantly designed living space with exceptional storage and magnificent natural light. Wide-plank white-oak flooring, expansive living/dining areas, fabulous kitchens with elegant quartz waterfall-edge surfaces, 9’ islands with breakfast bar seating for 4, dual-tone custom cabinetry with custom brushed gold hardware, Carrera marble backsplashes with gold inlay, oversized farmhouse sinks, Samsung stainless appliance packages, designer chandeliers. French doors open to custom Juliette balconies. Luxury bathrooms with double-bowl floating vanities, roomy walk-in showers with herringboned tile, chic wallpaper. Large walk-in laundry rooms, spacious bedrooms with outstanding closet space and superb light. Sprawling community roof deck with breathtaking skyline views. Premium location less than 3 blocks to Fairmount Avenue. Architectural plans available. 100% turn-key! Incredible opportunity!
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| Location |
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| Driving Directions |
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Intersection of N 16th Street and Ridge Avenue
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| Details |
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Architectural Type - Contemporary, Traditional
Flooring - Hardwood, Heavy Duty
Basement - Fully Finished, Concrete Perimeter
Interior Features - Breakfast Area, Combination Dining/Living, Combination Kitchen/Dining, Double/Dual Staircase, Floor Plan - Open, Kitchen - Island, Recessed Lighting, Stall Shower
Appliances - Built-In Microwave, Built-In Range, Dishwasher, Disposal, Refrigerator, Stainless Steel Appliances, Water Heater
Exterior Features - Exterior Lighting, Balcony, Deck(s), Roof, Stick Built, Stone, Brick Front
Cooling - Central A/C, Electric
Heating - 90% Forced Air, Natural Gas
Hot Water - Electric
Sewer - Public Sewer
Water - Public
Additional Utilities - Electric Available, Electric: 200+ Amp Service
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