1 /
4
Map
$900,000
●
Townhouse -
For Sale
2646-48 MANTON ST
PHILADELPHIA, PA 19146
Studio
0 Bath
$4,420
Estimated Monthly
$0
HOA / Fees
About This Property
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.
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.
Unit Size
-
Days on Market
40 days
Land Size
0.02 acres
Price per sqft
-
Property Type
Townhouse
Property Taxes
$27
HOA Dues
-
Year Built
-
Listed By
Last updated: 2 months ago (Bright MLS #PAPH2331542)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 20, 2024 | Listed by TCS Management, LLC | $900,000 | |
Listed by TCS Management, LLC |
Property Highlights
Air Conditioning
Parking Details
Parking Features: On Street
Interior Details
Interior Information
Appliances: Stove, Refrigerator, Microwave
Flooring Type: Hardwood
Living Area Square Feet Source: Estimated
Wall & Ceiling Types
Basement Information
Has Basement
Fully Finished, Rear Entrance
Exterior Details
Property Information
Ownership Interest: Fee Simple
Year Built Source: Estimated
Building Information
Foundation Details: Concrete Perimeter
Other Structures: Above Grade, Below Grade
Roof: Fiberglass
Structure Type: Interior Row/Townhouse
Window Features: Double Pane
Construction Materials: Brick
Pool Information
No Pool
Lot Information
Tidal Water: N
Lot Size Source: Estimated
Land Information
Land Assessed Value: $23,300
Financial Details
County Tax: $0
County Tax Payment Frequency: Annually
City Town Tax: $147
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $23,300
Tax Year: 2020
Tax Annual Amount: $326
Year Assessed: 2020
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Central
Cooling Fuel: Electric
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
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
Townhouse
4
Beds
4
Baths
3,050 ft²
$270/ft²
$825,000
Mar 10, 2021
$825,000
Jan 4, 2022
$70/mo
Townhouse
4
Beds
4
Baths
3,050 ft²
$262/ft²
$800,000
Mar 10, 2021
$800,000
Feb 4, 2022
$70/mo
Townhouse
4
Beds
4
Baths
3,050 ft²
$278/ft²
$849,400
Mar 1, 2021
$849,400
Dec 21, 2021
$70/mo
Townhouse
4
Beds
4
Baths
3,050 ft²
$277/ft²
$845,000
Mar 1, 2021
$845,000
Jan 7, 2022
$70/mo
Townhouse
4
Beds
4
Baths
3,050 ft²
$270/ft²
$825,000
Jun 11, 2020
$825,000
Dec 20, 2021
$70/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/17/2020
|
2 Bed
|
2 Bath
|
830 ft²
|
$249,000
2 Bed
2 Bath
830 ft²
|
-
-
|
-
|
-
|
|
05/17/2020
|
2 Bed
|
2 Bath
|
855 ft²
|
$375,000
2 Bed
2 Bath
855 ft²
|
-
-
|
-
|
-
|
|
05/17/2020
|
3 Bed
|
2 Bath
|
1401 ft²
|
$389,000
3 Bed
2 Bath
1401 ft²
|
-
-
|
-
|
-
|
|
05/04/2020
|
|
Studio
|
-
|
3086 ft²
|
$959,000
Studio
-
3086 ft²
|
-
-
|
-
|
-
|
Building Info
2646 Manton Street
2646 Manton Street, Philadelphia, PA 19146
- 1 Unit for Sale