Off-Market Condo at 1816 N Front St, Philadelphia, PA 19122
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1816 N Front St, Philadelphia, PA 19122

Unit - #C

$374,500

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $172 per day and long-term for an average of $2,169 per month, based on similar listings in the area. Estimated short-term cap rate of -0.8%. Estimated long-term cap rate of -1.7%. Parking included! Welcome to this stunning 2-bedroom, 1.5-bath bi-level condo with a private roof deck and balcony, located in the heart of the vibrant East Kensington/Fishtown neighborhood, just steps from the Berks El train station. This modern home boasts an open-concept living space with hardwood floors, high ceilings, and large windows that flood the space with natural light. The sleek kitchen is a chef’s dream, featuring stainless steel appliances, quartz countertops, and a spacious island perfect for meal prep and entertaining. Step out from the living room onto your private balcony, offering an additional outdoor space to enjoy your morning coffee or unwind in the evenings while overlooking your dedicated parking space! (This unit is available WITHOUT parking for $349,500) Perfection! The upper floors include two generously sized bedrooms, including a primary suite with expansive closets and large windows. The crown jewel of the home is the expansive private roof deck, offering breathtaking city views and the perfect space for entertaining or relaxing. Situated in one of Philly’s most dynamic neighborhoods, you'll be within walking distance of incredible local favorites like La Colombe, Suraya, Frankford Hall, Middle Child, LMNO, and Izakaya Fishtown. And as a bonus, new exciting additions to the area include Percy, Mecha Noodle Bar, Rowhome Coffee. With a 15 second walk to the Berks El train and major highways, commuting is effortless, while the vibrant neighborhood offers a wealth of shops, galleries, and parks to explore. Don’t miss the chance to make this incredible condo your home!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$290
Rental Policy
daily
Yearly Taxes
$4851
Bedrooms
2
Bathrooms
2
SQFT
1,113
Furnished
N/A
Year built
2017
Listing Status
Off Market
MLS
PAPH2450588

Short-term Rental Potential
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$29,100

Revenue
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Profit
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Cash on Cash
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$336

Price/SQFT

Long-term Rental Potential
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$26,028

Revenue
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Profit
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Cap rate
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Cash on Cash
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$2,169/mo

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