- For Sale $4,500,000
- Property Type Other
- Units 15
- Year Built 1860
- Date Updated Mar 27, 2024
- Website 15unitsoldcityphildelphia.sharplaunch.com
The Property is comprised of two buildings totaling 15 nearly complete apartment units in the affluent and historical Old City neighborhood of Philadelphia. The Properties boast an attractive unit mix in an area that has long been known for its historical significance and fantastic location. The Property presents new ownership a significant opportunity to complete construction on the building interior delivering luxury apartment product to young professionals and families. The property is largely through construction with brand-new TPO roof, elevator, framing, historic windows, plumbing, electrical, and sprinkler fire protection already installed.
Tenants have access to a wide variety of shopping and dining options on Walnut, Chestnut, and Market Streets. The Portfolio is also located minutes from major highway routes such as I-95, I-76, and I-676, presenting unparalleled access throughout the Philadelphia MSA. Furthermore, tenants are one block from the 2nd Street Train Station on the Market-Frankford Line, carrying commuters to employers in Center City Philadelphia in less than 10 minutes. The Property at 115-117 North 3rd Street is well-positioned to service a growing tenant base looking for luxury units in a market that continues to be a top choice for Philadelphia renters.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Highlights
- Significant Value-Add Opportunity: Complete Construction on a Class A Boutique Property
- Desirable Unit Mix: A Mix of Studio, One-Bedroom and Two-Bedroom Units
- Access to Major Highways: Direct Access to I-95, I-676 and I-76
- Access to Public Transportation: Proximity to SEPTA Market-Frankford Train Line
- Highly Amenitized Location: Adjacent to Critically-Acclaimed Neighborhood Shopping and Dining
False
Contacts
Ken Wellar
(215) 454-2879 x 267324
Alan Krawitz
(267) 323-4803 x 267324
Corey Lonberger
(215) 454-2878 x 267324
Mark Duszak
(215) 454-2884 x 267324
Douglas Emrich
(215) 454-2889 x 267324
Location
Getting Around
-
Walk Score ®
97/100 Walker's Paradise -
Transit Score ®
100/100 Rider's Paradise -
Bike Score ®
77/100 Very Bikeable
- City Philadelphia, PA
- Neighborhood Market East
- Zip Code 19106
- Market Philadelphia
Points of Interest
-
8th & Market
0.15 miles
-
8th Street
0.16 miles
-
5th Street
0.18 miles
-
Chinatown
0.27 miles
-
Jefferson Station
0.36 miles
-
11th Street
0.38 miles
-
2nd Street
0.42 miles
-
9th-10th & Locust
0.47 miles
-
Eastbound MFL Entrance
0.54 miles
-
13th Street
0.55 miles
-
Gulf
0.49 miles
-
Sunoco
1.13 miles
-
Sunoco
1.20 miles
-
Liberty
1.24 miles
-
Sunoco
1.40 miles
-
BP gas
1.40 miles
-
Lukoil
1.50 miles
-
Sunnoco
1.53 miles
-
BP
1.64 miles
-
Sunoco
1.66 miles
-
The AutoPark at Independence Mall
0.07 miles
-
The Autopark at 8th & Filbert
0.13 miles
-
Park Safe System
0.13 miles
-
Central Parking System - Constitution Center Parking
0.14 miles
-
Holiday Inn Historic District Parking Garage
0.20 miles
-
SP+
0.21 miles
-
The AutoPark at the Gallery Mall
0.24 miles
-
The Bourse Garage
0.28 miles
-
E-Z Parking
0.29 miles
-
LAZ Parking Curtis Center
0.29 miles
-
Wyndham Philadelphia Historic District
0.20 miles
-
Hotel Monaco Philadelphia, a Kimpton Hotel
0.24 miles
-
The Franklin Hotel at Independence Park
0.29 miles
-
AKA Washington Square
0.31 miles
-
Clarion Suites Philadelphia
0.34 miles
-
Sleep Inn Center City
0.34 miles
-
Society Hill Hotel
0.36 miles
-
Hilton Garden Inn Philadelphia Center City
0.37 miles
-
Best Western Plus Independence Park Hotel
0.38 miles
-
Apple Hostels Philadelphia
0.40 miles
-
Delegates’ Cafe
0.11 miles
-
Dunkin'
0.12 miles
-
Burger King
0.17 miles
-
Banh Mi Cali
0.20 miles
-
LaScala's
0.21 miles
-
Xi’an Sizzling Woks
0.21 miles
-
Delightful Garden
0.21 miles
-
New Harmony Vegetarian Restaurant
0.22 miles
-
Rangoon
0.22 miles
-
Jones Restaurant
0.23 miles
-
Constitution High School
0.16 miles
-
Temple University School of Podiatric Medicine
0.21 miles
-
Thomas Jefferson University
0.36 miles
-
Holy Redeemer School
0.39 miles
-
Independence Park Institute
0.42 miles
-
Thomas R. Kline School of Law
0.52 miles
-
Folk Arts-Cultural Treasures Charter School
0.53 miles
-
McCall School
0.53 miles
-
The Howard Center for the Arts
0.61 miles
-
St. Peter's School
0.68 miles
-
Chinatown Learning Center
0.39 miles
-
Little Scholars Academy
0.58 miles
-
Right Steps
0.90 miles
-
Moonstone Preschool
0.96 miles
-
The Joshua Tree Early Learning Center
1.10 miles
-
Acelero Learning
1.16 miles
-
Shake Rattle Roll Inc
1.44 miles
-
Acelero Learning
1.51 miles
-
Ken Crest Early Learning Center
1.75 miles
-
Point Breeze Head Start Center
1.84 miles
Frequently Asked Questions
What is the lease rate for 15 Units | Old City Philadelphia?
Rental asking rate at 15 Units | Old City Philadelphia is $2,250,000.00/YR.
What is the total square footage of 15 Units | Old City Philadelphia?
15 Units | Old City Philadelphia totals 14,828 square feet.
When was this property built?
15 Units | Old City Philadelphia was built in 1860.
Looking for more in-depth information on this property?
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.