2,363 Sqft Lot
2,363 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2619824
Year Built 2026
Annual Tax Amount $1,093
Tax Year 2024
Lot Size 2,363 Sqft
Acres 0.05
Lot Dimensions 27.00 x 88.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
The building features thoughtfully designed modern residences with high-end finishes throughout, including contemporary two-tone kitchens, stainless steel appliances, Calacatta quartz countertops, recessed LED lighting, oversized casement windows, luxury vinyl flooring, and in-unit washer/dryers in every apartment. Select units offer eat-in kitchen bars, private balconies, walk-in showers, and access to roof deck space, creating premium appeal for today's renters. Spacious bedroom layouts and ample closet space further enhance tenant retention potential.
This asset presents an ideal opportunity for investors seeking low-maintenance new construction with strong income potential in one of Philadelphia's growing rental corridors. With modern systems, efficient layouts, and luxury-style finishes, the property offers reduced near-term capital expenditure exposure and strong positioning for market-rate rents. Additional income potential is available through two on-site parking spaces leased separately at $100 per month each.
Whether added to an existing portfolio or acquired as a stabilized long-term hold, this newly built multifamily property combines location, quality construction, and desirable amenities to create a compelling investment opportunity in the Philadelphia market.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RSA5
Interior
Hot Water Electric, 60+ Gallon Tank
Heating Other
Cooling Ductless/Mini-Split
Flooring Luxury Vinyl Plank
Heat Source Electric
Exterior
Garage Spaces 2.0
Water Access N
Roof Type Rubber
Accessibility None
Total Parking Spaces 2
Garage N
Building
Foundation Concrete Perimeter
Sewer Private Sewer
Water Public
New Construction Y
Schools
School District Philadelphia City
Others
Tax ID 324117000
Ownership Fee Simple
Security Features Exterior Cameras
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard
Nearby Locations
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