2646-48 MANTON Street

2646-48 MANTON Street Philadelphia, Pennsylvania 19146 United States

Situated in the burgeoning neighborhood that borders Graduate Hospital and Point Breeze, 2646-48 Manton St offers a fantastic investment opportunity. This triplex comprises three fully occupied residential condominium units, consisting of (2) two-bedroom units and (1) three-bedroom unit. Each unit boasts contemporary finishes, in-unit washer and dryers, central air conditioning, and generous ceiling heights. The property presents the option for a new owner to sell off individual condo units if desired.Conveniently located within walking distance of a neighborhood shopping plaza anchored by The Fresh Grocer, as well as a diverse selection of restaurants and shops along the Grays Ferry Avenue and Washington Avenue commercial corridors, residents have access to a plethora of amenities. Easy commuting is facilitated by the nearby Schuylkill Expressway (Interstate 76), providing swift access to University City and Center City.Furthermore, residents enjoy close proximity to Pennovation Works, the University of Pennsylvania's expansive 23-acre innovation hub. Additionally, the property includes basement storage units in 2648 (available for tenants in units #2 and #3) and a 650 SF roof deck for Unit #3. With a current monthly rental income of $6,190 and a 6.5% pro forma cap rate, this property represents an enticing investment opportunity in the heart of Grays Ferry.

Listing Courtesy of TCS Management, LLC

The data relating to real estate for sale comes in part from Keystone Multi-List. Real estate listings held by brokerage firms other than Lusk & Associates Sotheby's International Realty are marked with the Broker Reciprocity logo and information about them includes the name of the listing broker. All information provided is deemed reliable but is not guaranteed and should be independently verified. This IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.