Amazing investment opportunity. This modern, fully occupied 6-unit multi-family property, built in 2019, is situated in the highly sought-after neighborhood of Philadelphia just steps from the Main Campus of Temple University as well as Fishtown and Northern Liberties. 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 approximately five years remaining on a tax abatement. The unit mix includes four (4) 2-bedroom, 2-bathroom units, one (1) 3-bedroom, 3.5 bathroom unit, and one (1) 4-bedroom, 4-bathroom unit with private backyard access. 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# | PAPH2433154 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 2018 |
Days On Site | 12 |
Listing Provided By | KW Empower | Jim Onesti |
SQ Feet | 7,180 |
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Zoning | RM1 |
Acreage | 0.06 |
State | PA |
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County | Philadelphia |
City | Philadelphia |
Zip Code | 19122 |
Area | 19122 |
Community Name | Temple University |
School District | The School District Of Philadelp |
Listing VS Median (in Temple University) | |
Price: $1,650,000 low | high Med: $2,270 SqFt: 7,180 low | high Med: 1,616 $ / SqFt: $230 low | high Med: $1 On Site: 12 low | high Med: 167.5 |