2702 Dothan Plaza
2702 Dothan Plaza
$280,000
—
1,800
1,800
$156
Closed 4/17/23
Description
2702 Dothan Plaza is a boutique duplex (2 units) with garage parking in the Eastwick submarket of Philadelphia, Pennsylvania (right by PHL International Airport). The subject property is part of a larger portfolio of extremely well-maintained boutique apartment buildings offered by Ownership as a package sale of 5 buildings (25 units) plus a rarely offered 15-unit prime multifamily development parcel in the desirable "Italian Market" area of South Philadelphia. "The Properties" are located within...2702 Dothan Plaza is a boutique duplex (2 units) with garage parking in the Eastwick submarket of Philadelphia, Pennsylvania (right by PHL International Airport). The subject property is part of a larger portfolio of extremely well-maintained boutique apartment buildings offered by Ownership as a package sale of 5 buildings (25 units) plus a rarely offered 15-unit prime multifamily development parcel in the desirable "Italian Market" area of South Philadelphia. "The Properties" are located within 1.5M of one another, with the exception of one asset that is located near Philadelphia International Airport (ideal Airbnb conversion). "The Portfolio" offers tremendous critical mass in one of the most attractive locations in Philadelphia. 3 of 5 properties are located right off Cianfrani Park, a popular neighborhood attraction. "The Properties" are walkable to many of South Philly's top amenities, parks, restaurants, cafes, schools and transit stops. This is a generational acquisition opportunity to purchase high-performing multifamily assets with 20% rental upside based on pro forma rents in the submarket(s). Ownership has carefully built, leased and maintained each asset over its tenure. New Ownership can enact a value-add capital enhancement program to achieve top-of-market rental rates or continue operating "The Portfolio" as is. "The Portfolio" is 100% leased and occupied, including the two (2) commercial spaces. "The Portfolio" consists of: 736 S 8th St; 763-5 S 8th St; 2702 Dothan Plaza; 1327 Snyder Ave; 1425 Jackson St.
Listing Agent
Property Details for 2702 Dothan Plaza
Tax ID Number
405906400
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleTraditional
WaterfrontNo
ViewsCity
GarageYes
Expected On Market Date08-15-2022
Location
LISTING UPDATED: 04/19/2023 12:42 PM
Property Details for 2702 Dothan Plaza
Status | Closed |
---|---|
MLS # | PAPH2141754 |
Days on Market | 189 |
Taxes | $3,184 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1965 |
Lot Size | 0.04 AC / 1,802 SF |
County | Philadelphia County |
Location
Virtual Tour
Building Information for 2702 Dothan Plaza
Stories-Residences2Year Built1965Building Size-Lot Size0.04 AC / 1,802 SF
Payment Calculator
$1,793 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2702 Dothan Plaza
Property History for 2702 Dothan Plaza
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2702 Dothan Plaza
Taxable ValueLand$45,500Additions$182,000Total$227,500
Tax Record2023$3,185 ($265 / month)
Home Facts
Total Finished SqFt1,860 SqFtAbove Grade Finished SqFt1,860 SqFtStories2Lot Size1,802 SqFtStyleMulti-Family Dwelling (2-4)Year Built1965ZoningRM1CountyPHILADELPHIAAPN40-5-9064-00
Schools near 2702 Dothan Plaza
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 5 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Penrose School PublicK to 8 | ||
Bartram John - Main Public9 to 12 | ||
Tilden William T Middle School Public5 to 8 | ||
Motivation High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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