3901 Kensington Avenue
3901 Kensington Avenue
$1,300,000
—
9,546
9,546
$136
Closed 2/28/22
Description
7% CAP! 3901 Kensington is a brand new adaptive reuse turnkey investment property connected to the Septa subway in Philadelphia, Pennsylvania. This 9 unit transit-oriented mixed-use building has a 10 year tax abatement and is fully leased for 2021. Seven (7) 2bd apartments and two (2) NNN retail stores. Loft style interiors, open spacious layouts, design driven finishes. This is a rare 7% cap rate investment sale in Philadelphia's fast growing Kensington submarket just outside of the urban core.7% CAP! 3901 Kensington is a brand new adaptive reuse turnkey investment property connected to the Septa subway in Philadelphia, Pennsylvania. This 9 unit transit-oriented mixed-use building has a 10 year tax abatement and is fully leased for 2021. Seven (7) 2bd apartments and two (2) NNN retail stores. Loft style interiors, open spacious layouts, design driven finishes. This is a rare 7% cap rate investment sale in Philadelphia's fast growing Kensington submarket just outside of the urban core.
Listing Agent
Property Details for 3901 Kensington Avenue
Tax ID Number
882932030
OwnershipFee Simple
HOANo
Structure TypeDetached
StyleContemporary
WaterfrontNo
ViewsCity
GarageNo
Location
LISTING UPDATED: 05/06/2022 04:04 PM
Property Details for 3901 Kensington Avenue
Status | Closed |
---|---|
MLS # | PAPH1014120 |
Days on Market | 170 |
Taxes | $5,508 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1930 |
Lot Size | 0.08 AC / 3,338 SF |
County | Philadelphia County |
Location
Building Information for 3901 Kensington Avenue
Stories-Residences4Year Built1930Building Size-Lot Size0.08 AC / 3,338 SF
Payment Calculator
$7,554 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 3901 Kensington Avenue
Property History for 3901 Kensington Avenue
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.
Schools near 3901 Kensington Avenue
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Charter - | 5 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Webster School PublicPK to 5 | ||
Memphis Street Academy Charter School Charter5 to 8 | ||
Kensington Culinary Arts Public9 to 12 | ||
Kensington Creative & Performing Arts 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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