Hope Street Quarters: Newly constructed boutique 5-unit apartment building for sale in East Kensington with a highly attractive 6.4% cap rate. This prime Philadelphia multifamily real estate offering is offered below replacement costs (the combined price of land acquisition + construction). Dramatic curb appeal, multiple entrances for each apartment (inside and outside) plus a sweeping 880 SF rooftop terrace for common outdoor entertaining and panoramic Philly skyline views. UNITS: Each of the 2bd x 2ba apartments is contained on its own floor (from lower level through the 4th storey) with ±1425 SF of spacious, open concept floorplans. LOCATION: Walkable to Fishtown, Philly's most popular area + Huntingdon Station on Septa's Market-Frankford El train which takes riders into Center City and University City in just over 20 minutes. FULL 10 yr tax abatement, minimal expenditures, high rent growth/appreciation forecast for years to come...