Amazing investment opportunity. This recently constructed, fully occupied 6-unit multi-family property, built in 2023, is situated in the highly sought-after Olde Kensington neighborhood of Philadelphia just steps from Girard Station and SEPTA routes. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and immediate rent increases. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors, and includes a ten-year tax abatement. The unit mix includes two (2) studio units, three (3) one-bedroom units, and one (1) one-bedroom plus den unit. Don’t miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Taxes, remaining abatement term and square footage are the responsibility of the buyer to have verified. Nine property portfolio, can be purchased individually or as a full / partial portfolio (2243 N. Broad St., 2207 N. Broad St., 1730 Ridge Ave., 1230 N Marshall St., 1520 N. 7th St., 1805 N. 6th St., 1917 N. 7th St., 2010 N. 8th St., 1540 W. Tioga St.).
MLS# | PAPH2432958 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 2023 |
Days On Site | 13 |
Listing Provided By | KW Empower | Jim Onesti |
Zoning | RM1 |
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Acreage | 0.04 |
State | PA |
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County | Philadelphia |
City | Philadelphia |
Zip Code | 19122 |
Area | 19122 |
Community Name | Ludlow |
School District | The School District Of Philadelp |
Listing VS Median (in Ludlow) | |
Price: $1,550,000 low | high Med: $2,100 On Site: 13 low | high Med: 20 |