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Description |
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Situated in the burgeoning neighborhood that borders Graduate Hospital and Point Breeze, 2646-48 Manton St offers a fantastic investment opportunity. This triplex comprises three fully occupied residential condominium units, consisting of (2) two-bedroom units and (1) three-bedroom unit. Each unit boasts contemporary finishes, in-unit washer and dryers, central air conditioning, and generous ceiling heights. The property presents the option for a new owner to sell off individual condo units if desired Conveniently located within walking distance of a neighborhood shopping plaza anchored by The Fresh Grocer, as well as a diverse selection of restaurants and shops along the Grays Ferry Avenue and Washington Avenue commercial corridors, residents have access to a plethora of amenities. Easy commuting is facilitated by the nearby Schuylkill Expressway (Interstate 76), providing swift access to University City and Center City. Furthermore, residents enjoy close proximity to Pennovation Works, the University of Pennsylvania's expansive 23-acre innovation hub. Additionally, the property includes basement storage units in 2648 (available for tenants in units #2 and #3) and a 650± SF roof deck for Unit #3. With a current monthly rental income of $6,190 and a 6.5% pro forma cap rate, this property represents an enticing investment opportunity in the heart of Grays Ferry.
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Room Sizes |
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Location |
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Driving Directions |
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The property is situated within blocks of a neighborhood shopping plaza anchored by The Fresh Grocer as well as an array o restaurants and shops along the Grays Ferry Avenue and Washington Avenue commercial corridors. Residents enjoy easy access to the Sc
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Details |
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Architectural Type - Traditional
Flooring - Hardwood
Basement - Fully Finished, Rear Entrance, Concrete Perimeter
Appliances - Stove, Refrigerator, Microwave
Exterior Features - Brick
Cooling - Central A/C, Electric
Heating - Central, Natural Gas
Hot Water - Natural Gas
Sewer - Public Sewer
Water - Public
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