UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 6,732 sqft
Price per Sqft $274
Subdivision Point Breeze
MLS Listing ID PAPH2511066
Style Contemporary
Abv Grd Liv Area 6,732
Year Built 2020
Available Date 2025-07-11
Annual Tax Amount $13,582
Tax Year 2024
Lot Size 2,432 Sqft
Acres 0.06
Lot Dimensions 32.00 x 76.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Welcome to this exceptional fully rented multi-use quadplex over commercial situated in the vibrant and rapidly evolving neighborhood of Point Breeze, Philadelphia. Constructed in 2020, this modern gem combines luxury with practicality, offering a fantastic opportunity for both investors and owner-occupied buyers.
**Key Features:**
- **New Construction**: Completed in 2020, this mixed-use building boasts contemporary design and high-quality finishes throughout, ensuring low maintenance for years to come.
- **Ten-Year Tax Abatement**: Enjoy significant savings with a full tax abatement, enhancing your investment returns.
- **Fully Rented**: You have the option to move into the commercial space and/or Unit-B. If you prefer, it can be delivered rented along with the other three apartments. The stable rental income makes this an attractive investment opportunity.
- **Investment Potential**: With ongoing development in the area, property values are expected to rise, making this an excellent long-term investment.
**Group Purchase Opportunity:**
This property can be purchased individually or as part of a group purchase with three other fully-rented new construction buildings located at 1105 S. 27th St, 1107 S. 27th St, and 2613 Federal St. This presents a rare opportunity to quickly expand your rental portfolio with instant rental income. Secure these strategically located properties and benefit from the thriving rental market in Philadelphia.
Whether you are looking to expand your investment portfolio or seeking a property where you can live and generate income, this duplex offers versatility and financial benefits. Don't miss out on this opportunity to own a piece of one of Philadelphia's most promising neighborhoods.
Schedule a viewing today and envision the possibilities!
Commercial Office + Garage - 1.5 bath
Unit-A - 2 bed / 2 bath
Unit-B - 2 bed / 2 bath
Unit-C - 2 bed / 2 bath
Unit-D - 2 bed / 2 bath
Location
State PA
County Philadelphia
Area 19146 (19146)
Zoning CMX2
Rooms
Basement Partially Finished
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Equipment Stainless Steel Appliances, Dishwasher, Washer - Front Loading, Dryer - Gas, Oven/Range - Gas, Refrigerator, Freezer
Fireplace N
Appliance Stainless Steel Appliances, Dishwasher, Washer - Front Loading, Dryer - Gas, Oven/Range - Gas, Refrigerator, Freezer
Heat Source Natural Gas
Exterior
Parking Features Oversized
Garage Spaces 10.0
Water Access N
Roof Type Fiberglass
Accessibility None
Attached Garage 8
Total Parking Spaces 10
Garage Y
Building
Foundation Concrete Perimeter, Slab
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 362023700
Ownership Fee Simple
SqFt Source Assessor
Security Features Security System,Sprinkler System - Indoor,Smoke Detector,Carbon Monoxide Detector(s)
Special Listing Condition Standard
