Introducing Park’s Edge, a boutique luxury 8 UNIT BUILDING in Fairmount Park / Strawberry Mansion. Great opportunity for INVESTOR | 1031 Exchange. Less than a block off Fairmont Park!!! This Brand New Construction sits on a generous 35' x 99' parcel. Constructed by Grit Construction. Unit 1 is a 3bd | 2ba, Pro forma Rent $2,300. Unit 2 is 4 bd | 3 ba, Pro forma rent $2,600. Unit’s 3,4,5 and 6 are all 2bd | 2ba Units with Pro forma rent $1,900 each. Total Annual Pro forma rent $202,728 and NOI $158,986. Pro forma CAP 6%. All 8 Units feature a flexible floor plan, OUT DOOR SPACE, High ceilings, large windows and an open contemporary feel. Wide plank floors & recessed lighting. All kitchens are home to shaker-style cabinetry, subway tile, quartz countertops, stainless steel appliances. There is ample closet space and W/D in all 8 units. Premium features include MASSIVE shared Roof Deck with park and city views, back yard, additional storage unit, package mail room and Bicycle storage. Walk to Fairmount Park, with miles of trails, tennis, and more, it takes just minutes to get to Center City or University City. There are several Septa routes nearby, and all major highways are easily accessible. 30th Street Station, Boathouse Row, Kelly Drive and I-76. 10-year TAX ABATEMENT and 1 yr Builder Warranty. This property is a perfect investment for any Established or New Investor!!! `
