I just sold a fantastic lot to one of my Developers at Front and Dickinson Street in The Pennsport section of Center City Philadelphia. Fifteen homes will be built, delivery Spring 2017. Each home will have Garage Parking, 10 year tax abatement, Roof deck and 2500-3200 square feet. There are corner homes available as well. These 4-story homes will have amazing views and top of the line finishes throughout. Contact me for details and to reserve a unit. Jim
philadelphia investments deals
Art Museum Area Investment Opportunity!
4 Amazing Development Opportunities!!
Not yet on the MLS
1713 S. 9th Street. Passyunk Square. Huge 2 story corner home with GARAGE, deck, 4 bedrooms and two baths. Needs updating but in great condition! Asking $225k
1318 S Opal, Point Breeze, $79k. Two stories, needs complete renovation.
1320 S Cleveland, Point Breeze, $89k. Two stories, needs complete renovation.
14 lots in Northern Liberties, fully approved for town homes with garages and parking. $150k each!
Contact Jim Onesti for more info. 215.440.2052 or firstname.lastname@example.org
BHHS Fox & Roach Realtors & The McCann Team. 215.627.6005
MASSIVE Broad Street Property for Sale!
Gorgeous 5500 + square foot Broad street property that runs street to street with parking. Detached, free standing building!
Limestone and Granite facade! One block from the hospital, next to Starbucks and commercial Broad street strip center at Broad and Jackson. HOT Location with Huge rent potential!!
Roof Deck views of Center City and South Philly, and Stadiums.
Tax abatement submitted/pending!
It’s fully approved and permitted for 6 residential rental units and 2 parking spots (but you can probably fit 4 prkg total).
4–1 bed/1 bath, 1–2 bed/2 bath, 1–2 bed/1 bath.
The property is framed and new plumbing is almost completed, fully permitted….. easy to rent due to hospital located down block and booming navy yard expansion.
Broad Street Subway entrance ½ block away!
Appraised in Feb 2013 for right around $1.1mm, with market rents of $8,400/month ($100,800/year). If one went with high end finishes, you may be able to push these numbers higher. (appraisal attached)
The owner has other projects he wants to move to and wants to sell. He is asking 725k. It needs another $200k or so to finish but should cash flow very nicely.
Truly an amazing building and rare opportunity!
Plans and multi-tab pro-forma attached..
Below are the potential rental income figures
o 1F: $1250/month (1bdrm/1ba, multi-level with basement living area)
o 1R: $1800/month (2bdrm/1ba)
o 2F: $1250 (large 1bdrm/1ba)
o 2R: $1050 (1bdrm/1ba)
o 3F: $2000 (2brm/2ba, roof deck, multi-level)
o 3R: $950 (smaller 1bdrm/1ba)
o Parking: 2 spaces x $100/month = $200
o Totals: $8500/month, $102,000/year
CLICK HERE FOR BUILDING PERMITS!
CLICK HERE FOR 1st & 2nd FL PLANS!
CLICK HERE FOR 3rd & 4th FL PLANS!
For more information contact Jim Onesti 215.440.2052 or email@example.com – BHHS Realtors 215.627.6005
Fantastic Investment/Development Opportunities!
HOT Point Breeze location!
2 story clean home in rental condition.
Easy rehab and flip for $190k
Five lots in South Philly
$179k for the package
1711 S. 20th
1400 S. 24th
For more information on these or…
any others, please contact:
215.440.2052 or firstname.lastname@example.org
New Philly Rehab Deals!!! February 2014
Thank you to all of our clients who keep bringing us great deals!!
New rehab and new construction deals for sale:
2 lots, street to street, Northern Liberties, $212,500 each, potential resale $700,000 ea. River views,
2 car garages!
Passyunk Square, 2 story fixer upper on the North side of the neighborhood, 100k!! potential resale 325k. HOME RUN
Fishtown, 9 lots, 110k each, Build 9-New Construction homes at a great location in one of the hottest locations in Philadelphia. potential resale 475k each
For more information contact Jim Onesti, Mccann Team, BHHS Fox & Roach Realtors email@example.com
#1 Real Estate Team in Philadelphia ~ Over 600 settled transactions in 2013!!
New This Week…
The median list price in Philadelphia this week is $225,000
The market action index has been trending down lately indicating demand falling along with supply. Conditions point to mildly negative trends for the market.
For a summary of this weeks activity: CLICK HERE!
For a market update report: CLICK HERE!
For more information, to sign up for weekly updates OR to find out what your home is worth, contact me today!! Jim Onesti. 215.440.2052 or firstname.lastname@example.org
Northern Liberties is on FIRE!!
As most people know, Northern Liberties is on fire! We are now selling single lots for $160k EACH!!
The Growth has spilled one block north into 19122 and this area is going through a tremendous transition!
You can still purchase single lots between $50k and $75k in 19122 and we are now selling 3 story new construction homes for $400k-$420k.
Currently There a few large developments getting close to breaking ground in 19122 and once they do, we anticipate further development and we feel land prices will rise because demand will rise significantly.
19122 is a great place to buy NOW before its too late…
Here are a few available projects:
– 1631-33 Cadwallader street. two lots. 16’ x 71’ and 16’ x 74’ $45k each.
– 14XX-14XX Germantown ave. 5 lots that run street to street allowing two car parking in the rear of each new home.
$69k each for the four larger lots and $39,900 for the smaller 5th lot.
– 2027 & 2029 Huntington st. THESE two are FISHTOWN lots, 19125, but they are a great value! $40k each. 16’ x 60’ and 17’ x 60’
For more information contact Jim Onesti. 215.440.2052 or email@example.com
Incredible Development Opportunity!
2 story shell with approvals for a rear two story addition, 3rd story addition, AND a roof deck!
Run the numbers…this deal works!
Surrounded by new construction all around!
Walk to Graduate, Rittenhouse, Center City, Broad Street and so much more!
1846 Reed in rapidly developing Point breeze Area. Listed at just $78k! Won’t Last!
For more information or to make your offer today contact Jim Onesti. 215.440.2052 or firstname.lastname@example.org
New This Week in Philadelphia…
The median list price in Philadelphia this week is $189,900.
The Market Action index has been trending down lately, while days-on-market is climbing,
providing mostly bearish signs for the market.
For this weeks summary report CLICK HERE!
For this weeks update report CLICK HERE!
For more information or to sign up to have these reports sent directly to your inbox, contact Jim Onesti 215.440.2052 or email@example.com