435 W BERKS ST Philadelphia, PA 19122

Brand New Construction: 435 West Berks Street. Multi-family property in OLD KENSINGTON with an excellent walk and transit score. Residents will be able to travel within walking distance to the Berks MFL Station, local bars and restaurants; making it easy to navigate in and around the city. This new construction building has (2) two bedrooms units. Each unit will feature a beautifully equipped kitchen with spacious cabinetry, stainless steel appliances and quartz countertops. The living areas and bedrooms boast wood flooring all throughout. All bedrooms provide plenty of natural sunlight. Don't miss this income generating opportunity; with current low interest rates, this bargain will not last long! Ideal property for anyone looking to live in one unit and generate income form the second unit. 7% cap rate with NOI of $40,000.00. Unit #1 (projected rent: $1800/month) 2 bedroom / 1.5 bathroom w/ private backyard. Unit #2 (projected rent: $2100/month) 2 bedroom / 2.5 bathroom w/ private rooftop **12 unit apartment complex is scheduled (near future) to begin construction in the adjacent lot** **10 Year Tax Abatement Approved**