Skip To Content

1343 Fitzwater Street

PHILADELPHIA, PA 19147
  • $2,700,000
  • STATUS: Active
  • ON SITE: 125 Days
  • ID#: PAPH2014588
UPDATED: 19 min ago
$2,700,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

We are pleased to present an extremely rare opportunity to purchase a core investment property in the super-prime location of Hawthorne. The Center City location is in one of Philadelphia's most desirable and exciting neighborhoods. Fitzwater Flats is a best-in-class new construction luxury boutique building consisting of (4) one-bedroom units and (2) two-bedroom/two and a half-bath units with a private outdoor space. Each unit features modern finishes, fixtures, and features with high ceilings, high-end kitchens with quartz waterfall countertops, stainless steel appliances, modern baths, a washer/dryer, separate utilities, and ample closet space. The average in-place rent for a one-bedroom apartment is $2,250 and $3,200 for a two-bedroom. Ten-year tax abatement and condo conversion approvals are included with the sale. Ideal for a 1031 exchange or as an owner-occupied investment. Hawthorne is by far the hottest and most exciting residential market in the City of Philadelphia with an outstanding average occupancy of 98% to 100%. Located just steps from some of Philly+GGs best theaters, restaurants, and shops, nearly every block of the neighborhood is filled with new construction townhomes and condominiums.

Monthly Payment Calculator



©2021 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 EXIT Realty Ocean City. 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: 2021-11-30T10:55:26.163.
www.exitrealtyoc.com/homes/119763494
Print Image

1343 Fitzwater Street PHILADELPHIA, PA 19147

  • Price: $2,700,000
  • Status: Active
  • On Site: 125 Days
  • Updated: 19 min ago
  • ID#: PAPH2014588
0
Beds
0
Baths
0
½ Baths
0.13
Acres
Neighborhood:
Hawthorne
County:
Philadelphia
Area:
19147 (19147)
School District:
The School District Of Philadelphia
Property Description
We are pleased to present an extremely rare opportunity to purchase a core investment property in the super-prime location of Hawthorne. The Center City location is in one of Philadelphia's most desirable and exciting neighborhoods. Fitzwater Flats is a best-in-class new construction luxury boutique building consisting of (4) one-bedroom units and (2) two-bedroom/two and a half-bath units with a private outdoor space. Each unit features modern finishes, fixtures, and features with high ceilings, high-end kitchens with quartz waterfall countertops, stainless steel appliances, modern baths, a washer/dryer, separate utilities, and ample closet space. The average in-place rent for a one-bedroom apartment is $2,250 and $3,200 for a two-bedroom. Ten-year tax abatement and condo conversion approvals are included with the sale. Ideal for a 1031 exchange or as an owner-occupied investment. Hawthorne is by far the hottest and most exciting residential market in the City of Philadelphia with an outstanding average occupancy of 98% to 100%. Located just steps from some of Philly+GGs best theaters, restaurants, and shops, nearly every block of the neighborhood is filled with new construction townhomes and condominiums.
Exterior Features

Construction Materials BrickVinyl Siding Garage YN No Parking Types On StreetOther Property Condition Excellent Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 5726.00 Cooling Central A/C Flooring HardwoodCeramic Tile Heating Forced Air Heating YN Yes Net Square Feet 5726.00 Security Features IntercomSecurity SystemSprinkler System - IndoorSmoke DetectorFire Detection System

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2021 Association YN No Business Type Apartment Building Central Air YN Yes Construction Completed YN Yes Cooling Fuel Electric Heating Fuel Electric Hot Water Natural Gas Municipality Philadelphia Navigable Water YN N New Construction YN Yes Number Of Units Total 0 Operating Expense Includes ElectricInsuranceSewerWater Original MLSNumber 800896371040 Ownership Interest Fee Simple Possession Immediate Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 872.00 Tax Assessment Amount 62300.00 Tax Lot 524 Transportation Airport Less Than 10 MilesBus Stop Less Than 1 MileMetro/Subway Station Less Than 1 MileCommuter Rail Station Less Than 1 Mile Vacation Rental YN No Water Source Public Year Built Effective 2021 Zoning Rm2

Listing courtesy of Compass Re.


©2021 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 EXIT Realty Ocean City. 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: 2021-11-30T10:55:26.163.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_2_800896371040-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_2_800896371040-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_2_800896371040-2.jpg
Logo
EXIT Realty Ocean City
5700 Coastal Highway, Suite 202
Ocean City MD, 21842