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The Burlington House Apartments 1321-1323 Spruce St Immeuble residentiel 50 lots À vendre Philadelphia, PA 19107
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Located in Midtown Village with a 99 Walk Score
- Diverse unit mix ideal for Center City renters
- Value-add potential through luxury renovations
- Up to $1,700 rent upside per renovated unit
- Steps from CBD, universities, and cultural landmarks
- Legacy asset from long-term ownership
RÉSUMÉ ANALYTIQUE
Located in the heart of Midtown Village, The Burlington House offers investors a rare chance to acquire a legacy multifamily asset in one of Philadelphia’s most vibrant and walkable neighborhoods. This 50-unit midrise apartment building, originally constructed in 1925, is poised for a full repositioning that could unlock significant rental upside. With current rents trailing market comparables by up to $1,700 for renovated two-bedroom units, the property presents a compelling value-add opportunity through a luxury renovation program.
The unit mix—comprising 26 one-bedrooms, 12 two-bedrooms, 11 studios, and a single three-bedroom—caters to a broad spectrum of renter demand in Center City. The building’s location offers unmatched connectivity to Philadelphia’s Central Business District, major universities, hospitals, and cultural landmarks including Independence Hall, the Liberty Bell, and the Kimmel Center. Residents benefit from proximity to Trader Joe’s, Whole Foods, Sprouts Farmers Market, and the Fashion District, as well as seamless access to transit and employment hubs.
An investor can reposition The Burlington House into a trophy asset by modernizing kitchens and bathrooms, installing in-unit washers/dryers and air conditioning, and enhancing common areas. The property’s walk score of 99 underscores its appeal to urban renters seeking convenience and lifestyle. With long-term ownership and a strong economic infrastructure surrounding the asset, The Burlington House is a generational opportunity to redefine a classic Philadelphia building.
The unit mix—comprising 26 one-bedrooms, 12 two-bedrooms, 11 studios, and a single three-bedroom—caters to a broad spectrum of renter demand in Center City. The building’s location offers unmatched connectivity to Philadelphia’s Central Business District, major universities, hospitals, and cultural landmarks including Independence Hall, the Liberty Bell, and the Kimmel Center. Residents benefit from proximity to Trader Joe’s, Whole Foods, Sprouts Farmers Market, and the Fashion District, as well as seamless access to transit and employment hubs.
An investor can reposition The Burlington House into a trophy asset by modernizing kitchens and bathrooms, installing in-unit washers/dryers and air conditioning, and enhancing common areas. The property’s walk score of 99 underscores its appeal to urban renters seeking convenience and lifestyle. With long-term ownership and a strong economic infrastructure surrounding the asset, The Burlington House is a generational opportunity to redefine a classic Philadelphia building.
INFORMATIONS SUR L’IMMEUBLE
| Type de vente | Investissement | Surface du lot | 0,05 ha |
| Nb de lots | 50 | Surface de l’immeuble | 3 729 m² |
| Type de bien | Immeuble residentiel | Nb d’étages | 8 |
| Sous-type de bien | Appartement | Année de construction | 1925 |
| Style d’appartement | De hauteur moyenne | Rues transversales | Juniper St |
| Classe d’immeuble | C | ||
| Zonage | CMX5 | ||
| Type de vente | Investissement |
| Nb de lots | 50 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De hauteur moyenne |
| Classe d’immeuble | C |
| Surface du lot | 0,05 ha |
| Surface de l’immeuble | 3 729 m² |
| Nb d’étages | 8 |
| Année de construction | 1925 |
| Rues transversales | Juniper St |
| Zonage | CMX5 |
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU LOT
- Climatisation
- Balcon
- Lave-vaisselle
- Réfrigérateur
- Cuisinière
- Moquette
- Interphone
CARACTÉRISTIQUES DU SITE
- Accès contrôlé
- Laverie
- CVC contrôlé par l’occupant
- Service d’emballage
- Recyclage
- Sans tabac
- Collecte d’ordures – Sur rue
- Détecteur de fumée
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Walk Score®
Idéal pour les promeneurs (98)
Transit Score®
Un paradis pour l’usager (100)
Bike Score®
Un paradis pour les cyclistes (91)
TAXES FONCIÈRES
| Numéro de parcelle | 881014000 | Évaluation des aménagements | 3 740 603 € |
| Évaluation du terrain | 1 603 115 € | Évaluation totale | 5 343 718 € |
TAXES FONCIÈRES
Numéro de parcelle
881014000
Évaluation du terrain
1 603 115 €
Évaluation des aménagements
3 740 603 €
Évaluation totale
5 343 718 €
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The Burlington House Apartments | 1321-1323 Spruce St
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