Off-Market Condo: , Unit 402 at 1900 Hamilton St, Philadelphia, PA, 19130

1900 Hamilton St, Philadelphia, PA, 19130

- #402

$649,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $227 per day and long-term for an average of $3,200 per month, based on similar listings in the area. Estimated short-term cap rate of -1.3%. Estimated long-term cap rate of -1.7%. Welcome to 1900 Hamilton Street, home to The Tivoli Condominium Building. This sought-after residence offers the added benefit of 1-car garage parking and sits adjacent to Matthias Baldwin Park. Upon entry, you'll be welcomed by a 24/7 doorperson and a spacious lobby adorned with modern accents. A quick elevator ride to the fourth floor leads you to unit #402, situated on the Southern side of the building, offering captivating city views and abundant natural light. Stepping into the condo, you'll find hardwood flooring throughout, alongside a large coat closet and a convenient laundry closet in the foyer. The open kitchen boasts ample counter and cabinet space, a gas range, and pantry storage. The combined Living Room/Dining Room, with its lofty ceilings and floor-to-ceiling windows, grants access to a private balcony bathed in southern sunlight. Flanking either side of this living space are two generously sized Bedrooms, each flooded with natural light. The Primary Bedroom features a walk-in closet and an En-Suite Bathroom with a shower/tub, while the second Bedroom, also equipped with a walk-in closet, enjoys access to the Full Hall Bathroom. The Tivoli Building offers residents access to a top-tier fitness center, a children's playroom, a meticulously maintained grass courtyard with a serene fountain, and a community lounge complete with a pool table, catering kitchen, and private conference room. With its close proximity to Whole Foods, Target, Kite & Key, the Central Library, and Kelly Drive, convenience abounds in this vibrant locale!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$8131
Bedrooms
2
Bathrooms
2
SQFT
1,393
Furnished
unknown
Year built
2007
Listing Status
Off Market
MLS
PAPH2356792

Short-term Rental Potential
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$40,836

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$465

Price/SQFT

Long-term Rental Potential
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$38,400

Revenue
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Profit
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Cap rate
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Cash on Cash
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$3,200/mo

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