Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
2015
Sq.Footage
4,080
Amazing investment opportunity. This modern, fully occupied 3-unit building also offers a built-in garage. The 8-bedroom multi-family property was built in 2015 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 and includes a tax abatement until 2026. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors. The unit mix includes two (2) two-bedroom, one or two-bathroom units and one (1) four-bedroom, four-bathroom unit. 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. Taxes, remaining abatement term and square footage are the responsibility of the buyer to have verified. 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).
Features & Amenities
Interior
-
Total Bedrooms
4
Area & Lot
-
Lot Size(acres)
0.07
-
Property Type
Residential Income
-
Architectural Style
Straight Thru
Exterior
-
Garage
No
-
Parking
None
Financial
-
Sales Price
$800,000
-
Tax Amount
5853.0
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Steven Onesti , KW Empower
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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