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$3,950,000
$4,000,000 1.3%
Est. payment /mo
4,376 Sqft Lot
Sold on 01/21/2025
646 N 32ND ST Philadelphia, PA 19104
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Key Details
Sold Price $3,950,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Subdivision University City
MLS Listing ID PAPH2300518
Sold Date 01/21/25
Originating Board BRIGHT
Year Built 2023
Annual Tax Amount $2,389
Tax Year 2022
Lot Size 4,376 Sqft
Acres 0.1
Lot Dimensions 35.00 x 112.00
Property Description
PRICE REDUCTION! Philly Home Advisors proudly presents the Nautilus, an avant-garde 15-unit apartment complex that sets a new standard for urban living in University City. This cutting-edge construction features expansive units, upscale finishes, and unparalleled views. In response to evolving market trends, the Nautilus stays ahead of the curve by offering 11 highly sought-after, spacious 2-bedroom, 2-bath apartments—the current pinnacle of desirability—alongside 4 expansive 3-bedroom, 3-bathroom residences. Step into each unit and experience the welcoming embrace of open floor plans. These generously proportioned interiors boast top-tier finishes, from designer fixtures to state-of-the-art appliances. The open-concept layout maximizes natural light, cultivating a warm and inviting ambiance. Modern kitchens, equipped with premium appliances, complement chic bathrooms, and ample storage space, establishing a new benchmark for residents in the area. The roof deck, with its panoramic city skyline backdrop, serves as an idyllic setting for socializing, entertaining, or simply unwinding. Conveniently positioned within walking distance of prestigious institutions such as the University of Pennsylvania and Drexel University, as well as iconic landmarks like the Art Museum and 30th Street Station, the Nautilus offers easy access to local highways. Boasting a 10-year tax abatement and situated in an opportunity zone, this 15-unit gem facilitates a seamless tenant acquisition process. To sweeten the deal, the seller includes 1 year of free property management with the sale, making the Nautilus an irresistible investment opportunity.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RM1
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
View Panoramic, City
Roof Type Rubber
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District The School District Of Philadelphia
Others
Tax ID 242135600
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Listed by ERIC Andrew Dvotsky • BHHS Fox & Roach-Center City Walnut
Bought with ERIC Andrew Dvotsky • BHHS Fox & Roach-Center City Walnut
Bought with ERIC Andrew Dvotsky • BHHS Fox & Roach-Center City Walnut