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4011 Baring St,PHILADELPHIA, PA 19104
PHILADELPHIA, PA 19104
Description
Amazing investment opportunity. This modern, fully occupied 11-unit building also offers additional finished flex rooms in the basement providing additional income. The 27-bedroom multi-family property was built in 2010 and is situated in the highly sought-after West Powelton neighborhood of Philadelphia. Just a short walk from the University of Pennsylvania and Drexel 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. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors. The unit mix includes six (2) two-bedroom, one-bathroom units, two (2) three-bedroom, two-bathroom units and two (2) four-bedroom, two-bathroom units. The units offer hardwood floors, stainless-steel appliances, in-unit washer and dryers, and much more. Don’t miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Eight property portfolio, can be purchased individually or as a full / partial portfolio (4008, 4010, 4032 & 4011 Baring Street, 416-18 N. Wiota Street, 508 Budd Street, 1537 Swain Street and 1802 N. 5th Street).
Details
| MLS # | PAPH2460996 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 2010 |
| Days On Site | 92 |
| Listing Provided By | KW Empower | Steven Onesti |
Features
| Units | 11 |
|---|---|
| Zoning | RM1 |
| Acreage | 0.12 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air, Heat Pump(s) |
Exterior
| Construction Materials | Masonry |
|---|
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 24444 |
| Tax Lot | 90 |
Market Activity 19104
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19104 |
| Area | 19104 (19104) |
| Community Name | WEST POWELTON |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in WEST POWELTON) | |
Price: $2,225,000 low | high Med: $4,500 On site: 92 low | high Med: 46.000000 | |