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Listed by Jim Onesti • KW Empower
$ 2,500,000
Est. payment | /mo
3,171 Sqft Lot
$ 2,500,000
Est. payment | /mo
3,171 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2432632
Originating Board BRIGHT
Year Built 2022
Annual Tax Amount $2,705
Tax Year 2024
Lot Size 3,171 Sqft
Acres 0.07
Lot Dimensions 21.00 x 151.00
Property Sub-Type Five Or More Units
Property Description
Amazing investment opportunity. This recently constructed, fully occupied 11-unit mixed-use property, built in 2022, 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 a ten-year tax abatement. The unit mix includes one (1) studio unit, one (1) one-bedroom unit, two (2) two-bedroom units and six (6) three-bedroom, two-bathroom units 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.).
Location
State PA
County Philadelphia
Area 19132 (19132)
Zoning CMX25
Interior
Hot Water Other
Heating Central
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 885437380
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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