Description
Introducing "bainbridge lofts" at 710-16 south american street: a turnkey, stabilized loft
apartment building located in the coveted queen village submarket of philadelphia,
pennsylvania. with 13 units and 30 parking spaces in a private, secure garage, bainbridge
lofts provides residents with the ultimate urban lifestyle rooted in convenience and character.
with exposed brick and beam throughout the property, tenants feel instantly at home, tucked
away on a quiet, extremely well-maintained street (the property runs from south 3rd street to
american street) in a location that's walkable to many of the city's top restaurants, cafes,
parks and shops. hardwood floors, stainless steel appliances, quartz countertops, spiral
staircases, shaker cabinetry and exposed ductwork lend additional interior appeal, while the
redbrick facade provides immediate curb appeal. assumable financing is in place (subject to
lender approval) with a highly-attractive 4.85% interest rate through november 1st 2027, with
a 5-year extension option available through 2032. generational blue-chip multifamily assets
such as bainbridge lofts rarely come to market due to limited supply in the residential
neighborhoods they inhabit. tangible rental upside exists for new ownership to raise rents via
cosmetic enhancements if desired. this could be done on an unobtrusive basis (unit by unit
rather than full building) so as to not disturb the existing tenant base. located just outside of
the urban core in a tranquil setting with convenient connections to all of philly's main arteries
and roadways, bainbridge lofts is positioned for sustainable demand for decades to come. buyer responsible to verify taxes, sf and financials in dd. 48hr notice to tour (tenant occupied).
Property Type
Multi-FamilySubdivision
Queen VillageCounty
PHILADELPHIAStyle
Unit/FlatAD ID
47436843
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Heating & Cooling
- Cooling: Central A/C,Wall Unit
- Heating: Central,Wall Unit
- Cooling Fuel: Electric,Natural Gas
- Heating Fuel: Natural Gas,Electric
-
Exterior Features
Building Information
- Year Built: 1900
- Structure: Other
- New Construction: No
- Total Units: 4
- Built: 1900
- Construction Material: Masonry
- Security System: Exterior Cameras
- Architecture: Unit/Flat
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 9,924
- Dimensions: 55.00 x 100.00
- Lot Size (Acres): 0.23
- Architectural Style: Unit/Flat
- Stories Total: 3
- Main Square Feet: 9,924
Property Information
- SQ ft: 30,250
- SQ ft (Living Area): 30,250
- Total Lot SQ ft: 9,924
- Subdivision: QUEEN VILLAGE
- Appx. Lot Dimensions: 55.00 x 100.00
- Total Acreage: 0.23
- New Construction: No
- Type: Unit/Flat
-
Listing Information
Listing Information
- Possession: Immediate
- Days Of Market: 203
-
Taxes / Assessments
Tax Information
- Annual Tax: $53,924
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Immediate
Assessment Information
- Taxes Assessment Amount: $3,852,296
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: None
Homeowners Association Information
- Direction: BETWEEN AMERICAN AND SOUTH 3RD ST, MID-BLOCK.
-
School, Utilities & Location Details
School Information
- School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric,Natural Gas
- Heating Fuel: Natural Gas,Electric
- Hot Water: Natural Gas
Location Information
- Direction: BETWEEN AMERICAN AND SOUTH 3RD ST, MID-BLOCK.
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BuyOwner last updated this listing 05/20/2025 @ 12:08
- MLS: PAPH2414086
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 9,924 sized lot, and 0 parking. are nearby neighborhoods.