1501 N BAILEY ST Philadelphia, PA 19121

Welcome to 1501 N Bailey St, a large 4-unit, 5,500+ SQFT apartment building located in one of Philadelphia's hottest neighborhoods -- Brewerytown, steps away from a beautiful park and Girard Ave. This Quadplex is not only in a convenient location, where property values are appreciating; but it's also located in the Qualified opportunity zone (QOZ), making this a very secure investment. The seller spared no expense, as all units offer stunning finishes, an elegant fireplace, high-efficiency mechanicals, recessed lighting, gorgeous Maple hardwood flooring throughout, and large private outdoor spaces in select units. The living rooms have very high 10ft+ ceiling heights, modern kitchens with black stainless steel appliances, quartz countertops, and two-toned shaker cabinetry for a modern feel. Unit A is a 3 bedroom, 2.5 bath apartment with access to a back patio space! Unit B is a 2 bedroom, 2.5 bath with a gorgeous kitchen and accompanying island. Units C and D are both 2 bedrooms, 2.5 baths with access to individual rooftop decks, perfect for entertaining guests! Street parking is plentiful on this block, and the building is steps away from shopping, doggy daycares, other new construction homes, and much more! The proximity to Fairmount Park's greenery and great access to public transportation make this a desirable location for just about anyone! This limited investment opportunity provides a strong 7%+ cap rate on your investment, with a gross operating income of over $100k! All units are on their own meter for gas and electric, and each have their own gas furnaces, water heaters, as well as washer and dryers! There is a huge development underway across the street and next door, as well as planned future developments on the same block. Currently awaiting to pull CO for anyone interested in the QOZ opportunity. For any inquiries, please contact Philly Home Advisors today!