2,021 Sqft Lot
2,021 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2598960
Year Built 2021
Annual Tax Amount $2,740
Tax Year 2025
Lot Size 2,021 Sqft
Acres 0.05
Lot Dimensions 43.00 x 47.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Built just 5 years ago, this well-maintained property offers a rare opportunity to acquire a newer construction asset with strong income and long-term upside.
Each of the five spacious units features 3 bedrooms with thoughtfully designed layouts, oversized windows that flood the spaces with natural light, and high-end, tasteful finishes throughout. Residents enjoy contemporary kitchens equipped with stainless steel appliances, sleek quartz countertops, and ample cabinet space—perfect for modern urban living.
Tenants also benefit from a shared rooftop deck, thoughtfully outfitted with multiple outdoor living room-style furniture sets, creating an inviting space to relax, entertain, and take in city views.
The property benefits from 5 years remaining on the Philadelphia tax abatement, significantly enhancing cash flow for investors.
Whether you're looking to expand your portfolio or live in one unit while generating income from the others, this asset offers flexibility and strong value.
With its condo-quality construction and layout, the building also presents a compelling future opportunity for a condominium conversion, allowing a buyer to unlock additional equity down the line.
Don't miss this chance to secure a high-quality, low-maintenance investment in a thriving location with excellent upside potential.
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning CMX2
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility 36\"+ wide Halls
Garage N
Building
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District Philadelphia City
Others
Tax ID 183326200
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations
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