MLS® ID: 7254891
521 GREEN LANE
PHILADELPHIA, Pennsylvania, 19128 $499,900
Fully approved apartment building for 7 apartments. Zoning/ Use permit , Building Permit and Demolition permits in hand.MEP plans completed for sub-contractors. Five 2 bedroom apartments and Two 1 bedroom apartments. Ten year real estate tax abatement. Projected rents 5- 2bd units at $1495 =89,700 2-1bd units at $1175 = 28,200 Gross $117,900 10 year tax abatement - taxes projected at $468 per year under abatement. Water/ sewer to be separately metered. All electric building tenants pay all utilities except common area electric.Seller is a Pa licensed real estate broker.