Amazing investment opportunity. This recently constructed, fully occupied 11-unit mixed-use property, built in 2020, is situated in the highly sought-after neighborhood of Philadelphia. Just a short walk from the main campus of Temple University, ensuring consistent demand from students and professionals. 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 nine years remaining on the tax abatement. The unit mix includes one (1) studio unit, eight (8) one-bedroom units, and one (1) two-bedroom unit plus a ground-floor commercial unit. Don’t miss this rare opportunity to own a high-performing mixed-use 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# | PAPH2432638 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 2020 |
Days On Site | 14 |
Listing Provided By | KW Empower | Jim Onesti |
SQ Feet | 10,174 |
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Zoning | CMX25 |
Acreage | 0.06 |
State | PA |
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County | Philadelphia |
City | Philadelphia |
Zip Code | 19132 |
Area | 19132 |
Community Name | Hartranft |
School District | The School District Of Philadelp |
Listing VS Median (in Hartranft) | |
Price: $2,100,000 low | high Med: $272,450 SqFt: 10,174 low | high Med: 2,001 $ / SqFt: $206 low | high Med: $142 On Site: 14 low | high Med: 81.500000 |