1727-1737 INGERSOLL STREET

PHILADELPHIA, PA 19121

This property qualifies for CRA financing with 3% down, no PMI, and an interest rate lower than FHA. HWA home warranty will be included in the sale of the property. Exceptional turnkey investment opportunity in North Philadelphia West neighborhood featuring six duplex buildings constructed in 2019, totaling 12 high-end residential units with four years remaining on the tax abatement. Ideally positioned between Francisville and Sharswood, this income-producing asset offers strong cash flow and long-term appreciation potential. The unit mix includes six 2-bedroom, 2-bathroom bi-level Unit A apartments renting for $1,750 per month and six 3-bedroom, 3-bathroom bi-level Unit B apartments renting for $2,150 per month. Unit A layouts feature an additional office/study and private patio, while Unit B units offer a courtyard deck and private roof deck, appealing to premium tenants seeking modern city living. Each thoughtfully designed unit showcases gorgeous grey oak flooring throughout and sleek contemporary finishes, including modern kitchens with quartz countertops and full quartz backsplash, white soft-close cabinetry, stainless steel appliances, stainless steel farm sinks, and large sit-down islands. Bathrooms are beautifully appointed with custom vanities, ultra-modern tile work, and rain shower heads. Additional highlights include recessed lighting throughout and convenient in-unit stackable front-loading laundry. Security and efficiency are top-tier, with ADT alarm systems, motion detection cameras, Ring doorbells, ductless multi-zone HVAC systems, energy-efficient hot water systems, high-efficiency appliances, triple-pane windows, and over-insulated walls and ceilings for maximum cost savings and comfort. Key Bank is offering a 5K credit for this property which can be tied in with the Philly First 10K grant. The 5K credit can be applied toward closing costs or to prepay mortgage, flood/hazard insurance, escrow deposit, real estate taxes, or per diem interest. The location provides excellent accessibility, just five minutes from the Route 15 trolley at Girard Avenue and Ridge Avenue, with easy connections to Broad Street, Center City, the Art Museum area, Fairmount, and Temple University. Residents also enjoy proximity to neighborhood green spaces such as Francisville Playground, Franklintown Park, and Abraham Lincoln Playground. This is a rare opportunity to acquire a stabilized, modern multifamily portfolio in one of Philadelphia’s rapidly appreciating corridors, ideal for investors seeking immediate returns with continued upside. Tax ID's: 471100410, 471100500, 471100610, 471100700, 471100800 & 471100900 Schedule your showing today!

Listing courtesy of LPT Realty, LLC



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