Philadelphia, PA 19104,528-40 N 34TH ST
Philadelphia, PA 19104,528-40 N 34TH ST
Philadelphia, PA 19104,528-40 N 34TH ST
$5,500,000
Est. payment /mo
$5,850,000
6.0%
Est.Price: ?

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14,850 SqFt
SOLD DATE : 04/22/2022

Key Details

Sold Price $5,500,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 14,850 sqft

Price per Sqft $370

Subdivision Powelton Village

MLS Listing ID PAPH2055074

Sold Date 04/22/22

Originating Board BRIGHT

Year Built 2014

Annual Tax Amount $3,957

Tax Year 2022

Lot Size 9,450 Sqft

Acres 0.22

Lot Dimensions 94.50 x 100.00

Property Description

The property at 528-540 North 34th consists of (15) three-bedroom units which have been renovated with high-end modern finishes. Each units features newly-renovated kitchens and baths, stainless steel appliances, and shaker style cabinets. 33% of the apartments have two-bathrooms while 67% have three-bathrooms. Currently, the property is 100% occupied.

528-540 North 34th Street offers a highly strategic location in the Powelton Village area of University City. In general, the University City section of Philadelphia has become one of the fastest growing submarkets in all of Philadelphia. Over $3.5 billion of new or recently completed real estate projects have transformed this area into a hub of Eds and Meds. University City attracts undergraduate and graduate students as well as young professionals and families. The area is highly desirable given its walkability to the numerous universities and medical facilities as well as the cafes, restaurants, and shops.

This property offers potential buyers the opportunity to acquire 15 newly-renovated apartments with excellent bed/bath parity in the heart of University City Philadelphia.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning CMX2

Interior

Hot Water Other

Heating Forced Air

Cooling Central A/C

Heat Source Electric

Exterior

Garage Spaces 10.0

Utilities Available Cable TV Available, Electric Available, Phone Available

Water Access N

Roof Type Flat,Rubber

Accessibility 2+ Access Exits

Total Parking Spaces 10

Garage N

Building

Lot Description Private

Foundation Block

Sewer Public Septic, Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 881812350

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Alex C Prince • TCS Management, LLC
Bought with Linda Cheng • Premium Realty Group Inc

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Karen Wilkinson

+1(732) 599-1938

Agent | License ID: 0343436

Agent License ID: 0343436

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