Investments Sales Management

2937 PAGE STREET

PHILADELPHIA , PA 19121

MLS#: PAPH2477350

$1,195,000

Status: Active
Listing number: PAPH2477350
Listing provided by: Select Commercial Advisors
Listing agent phone: None
Last update: a month ago
Browse Properties
STRAWBERRY MANSION - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

2024

Sq.Footage

N/A

We are pleased to present the opportunity to acquire a turnkey, stabilized multifamily asset on a 7.0% proforma cap rate in North Philadelphia West, featuring 5 spacious residential units and a full 10-year tax abatement. Acquire this high-quality, low-maintenance, new-construction property just completed in Q3 2024. Benefit from steady cash flow and strong appreciation potential driven by the rapidly-developing North Philadelphia West (19121) submarket. As new construction activity in Philadelphia declines, demand is expected to outpace supply, driving further rental growth in 2025-2026, presenting a unique opportunity for investors to acquire a high-quality, income-producing asset with significant long-term upside.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Electric, Forced Air

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Other

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.03

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $1,195,000

  • Tax Amount

    824.0

  • Zoning

    Multifamily 5 Unit

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

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Location

County

PHILADELPHIA

Elementary School

Middle School

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Listing Courtesy of Samantha Lee Miller , Select Commercial Advisors

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Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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We are pleased to present the opportunity to acquire a turnkey, stabilized multifamily asset on a 7.0% proforma cap rate in North Philadelphia West, featuring 5 spacious residential units and a full 10-year tax abatement. Acquire this high-quality, low-maintenance, new-construction property just completed in Q3 2024. Benefit from steady cash flow and strong appreciation potential driven by the rapidly-developing North Philadelphia West (19121) submarket. As new construction activity in Philadelphia declines, demand is expected to outpace supply, driving further rental growth in 2025-2026, presenting a unique opportunity for investors to acquire a high-quality, income-producing asset with significant long-term upside.

2937 PAGE STREET

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