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Map
$476,374*
●
Multifamily -
Off Market
2252 N PARK AVENUE
PHILADELPHIA, PA 19132
Studio
0 Bath
1973 Sqft
$405,000 - $495,000
Reference Base Price*
5.86%
Since Feb 1, 2023
National-US
Primary Model
About This Property
Welcome to 2252 N Park Ave. This property is being sold as a 3
property, 9-unit package for $1,560,000. The three properties are
2217 N Park Ave, 2252 N Park Ave, and 2128 N 16th. All three
properties are located within the highly desirable Temple
University submarket. Each property is a triplex consisting of 3 (3
beds 1 bath). The total unit count is 9 units with 27 beds. The
rents are all provided in attached PDFs with an overview, value
add, financing, and amortization schedule. Current rents are 25%
below market value allowing the new owner to increase rents for the
2022-2023 school year which will yield immediate returns. The
average unit rent can be increased to $1400. This package is
perfect for a seasoned investor looking to add value to their
portfolio, grow their Temple University footprint, and or for a new
investor looking to get into student housing.
The manager has listed the unit size as 1973 square feet.
The manager has listed the unit size as 1973 square feet.
Unit Size
1,973Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$228
Property Type
Multifamily
Property Taxes
$233
HOA Dues
-
Year Built
1915
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 20, 2023 | No longer available | - | |
| No longer available | |||
| Jun 8, 2022 | Price Decreased |
$450,000
↓ $25K
(5.3%)
|
|
| Price Decreased | |||
| Apr 7, 2022 | Relisted | $475,000 | |
| Relisted | |||
| Apr 1, 2022 | No longer available | - | |
| No longer available | |||
| Feb 3, 2022 | Price Decreased |
$485,000
↓ $15K
(3%)
|
|
| Price Decreased | |||
Show More
Property Highlights
Air Conditioning
2252 N PARK AVENUE
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
Multifamily
Stu
-
1,902 ft²
$210/ft²
$399,000
Jul 21, 2022
-
$550/mo
Active
Multifamily
Stu
-
2,292 ft²
$229/ft²
$525,000
Oct 22, 2022
-
$1,451/mo
Active
Multifamily
Stu
-
2,364 ft²
$169/ft²
$399,999
Nov 23, 2022
-
$310/mo
Active
Multifamily
Stu
-
2,736 ft²
$174/ft²
$475,000
May 27, 2022
-
$562/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
2252 North Park Avenue
2252 North Park Avenue, Philadelphia, PA 19132
- 1 Unit for Sale
