Investments Sales Management

2731 FEDERAL STREET

PHILADELPHIA , PA 19146

MLS#: PAPH2509700

$2,300,000

Status: Active
Listing number: PAPH2509700
Listing provided by: Keller Williams Liberty Place
Listing agent phone: None
Last update: 16 days ago
Browse Properties
GRAYS FERRY - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

2023

Sq.Footage

N/A

Introducing 2731 Federal — a prominent corner property located at the gateway of 19146 — one of Philly's perennial-leading residential zip codes for rentals and sales. This turnkey 7-unit multifamily investment property stands tall above the rest, with unmatched skyline views and access — convenient to I-95, Washington Ave, and all of Center City and University City alike. Gaze across the western horizon and witness the billions of dollars in active stage developments from the likes of Chop, Penn, Hup, Pennovation. The brand new $48 million section of the Schuylkill River Trail, known as Christian to Crescent, now connects Center City with the Grays Ferry neighborhood in South Philadelphia with a striking 650-foot cable bridge, visible from 2731 Federal. Fresh Grocer, Chase Bank and more retail/shops located directly across the street. Walkable to adjacent/popular neighborhoods like Graduate Hospital, Point Breeze, Rittenhouse Square and more — this location is on the edge of tangibly-visible massive transformation. The 4-storey apartment building totals over 9100 SF with ground floor commercial space and an even mixture of 1-2bd apartments above, complete with a panoramic skyline rooftop terrace. Average rents/SF = $2.29. Average rent/unit = $1,621. This boutique apartment building is poised for rent growth and appreciation for years to come — paired with an extremely low OPEX and FULL 10yr tax abatement (approx. 8.5yr remains). Benefitting from the lot's unique dimensions, the apartments are far from cookie cutter, with dramatic angles and unique perspectives, coupled with design-driven interiors and sun-soaked rooms with floor-to-ceiling windows. Sleek bathrooms and contemporary kitchens, washer-dryer in-unit, LVP flooring, flushmount lighting, high ceilings and unique layouts command attention from the rental marketplace, ensuring plentiful demand in the marketplace. Enquire within for financials.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Electric, Central

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    None

  • Pool

    No

  • Waterfront YN

    NO

  • View

    City

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    0.14

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $2,300,000

  • Tax Amount

    1636.0

  • 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

  • Stories

    4

  • Sewer

    Public Sewer

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

PHILADELPHIA

Elementary School

Middle School

High School

Listing Courtesy of Ryan J McManus , Keller Williams Liberty Place

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Introducing 2731 Federal — a prominent corner property located at the gateway of 19146 — one of Philly's perennial-leading residential zip codes for rentals and sales. This turnkey 7-unit multifamily investment property stands tall above the rest, with unmatched skyline views and access — convenient to I-95, Washington Ave, and all of Center City and University City alike. Gaze across the western horizon and witness the billions of dollars in active stage developments from the likes of Chop, Penn, Hup, Pennovation. The brand new $48 million section of the Schuylkill River Trail, known as Christian to Crescent, now connects Center City with the Grays Ferry neighborhood in South Philadelphia with a striking 650-foot cable bridge, visible from 2731 Federal. Fresh Grocer, Chase Bank and more retail/shops located directly across the street. Walkable to adjacent/popular neighborhoods like Graduate Hospital, Point Breeze, Rittenhouse Square and more — this location is on the edge of tangibly-visible massive transformation. The 4-storey apartment building totals over 9100 SF with ground floor commercial space and an even mixture of 1-2bd apartments above, complete with a panoramic skyline rooftop terrace. Average rents/SF = $2.29. Average rent/unit = $1,621. This boutique apartment building is poised for rent growth and appreciation for years to come — paired with an extremely low OPEX and FULL 10yr tax abatement (approx. 8.5yr remains). Benefitting from the lot's unique dimensions, the apartments are far from cookie cutter, with dramatic angles and unique perspectives, coupled with design-driven interiors and sun-soaked rooms with floor-to-ceiling windows. Sleek bathrooms and contemporary kitchens, washer-dryer in-unit, LVP flooring, flushmount lighting, high ceilings and unique layouts command attention from the rental marketplace, ensuring plentiful demand in the marketplace. Enquire within for financials.

2731 FEDERAL STREET

Message successfully sent.

What would you like to know?

Related Properties

There are two properties which must be sold together. Tax ID for 941 Spring Garden Street is 871520370. First floor storefront plus four apartments--which are 100% occupied. The apartments have radiator heat and window A/C units. There is a new tenant in the restaurant who will be remodeling.
#PAPH2489188

PHILADELPHIA

939-941 SPRING GARDEN STREET

None Beds

None Baths

N/A

$1,850,000

MLS#: PAPH2489188

Discover the timeless charm and modern versatility of 143 Walnut Lane, a rare, turn-key mixed-use asset nestled in the heart of Philadelphia’s Tulpehocken Historic District. This impeccably maintained 20-unit property offers a unique blend of classic architecture and contemporary appeal, making it an exceptional addition to any investment portfolio.At the forefront is a graciously restored Victorian mansion, housing five spacious residential apartments that showcase exquisite historic details while offering modern comfort. Just behind it, a 14-unit commercial building—complete with a bonus residential apartment—delivers steady income and flexible use potential, ideal for creative, professional, or medical tenants.Both structures are supported by a large off-street parking lot and surrounded by a serene common garden, offering tenants a rare combination of convenience and tranquility. The location is equally compelling: just two blocks from the train station and four blocks from the scenic trails of Wissahickon Park, this property provides seamless access to Center City while maintaining a peaceful, community-oriented vibe.Whether you're an investor looking for a low-maintenance, income-producing asset or a buyer drawn to the historical significance and strong tenant appeal, 143 Walnut Lane is a truly exceptional offering in one of Philadelphia’s most picturesque and well-connected neighborhoods.
#PAPH2488628

PHILADELPHIA

143 W WALNUT LANE

None Beds

None Baths

22,700 Sq.Ft.

$1,999,000

MLS#: PAPH2488628

Great investment opportunity located in Northeast Philadelphia, 7601 Castor ave. Close to the main roads, it brings in a lot of people and traffic flow. Also abundant with parking lot with 25 spaces. Building is fully occupied. Property has been sold in "As-Is" Condition. New roof installed in 2025. Please do not walk-in, make the appointment with listing agent.
#PAPH2433256

PHILADELPHIA

7601 CASTOR AVENUE

None Beds

None Baths

11,835 Sq.Ft.

$2,049,000

MLS#: PAPH2433256

LOCATION: 1734-36 East Passyunk Avenue Passyunk Square - South Philadelphia, PA PROPERTY HIGHLIGHTS: • 6,670 +/- SF Multi-Floor plus Basement • Existing Operating Restaurant at High Profile Location • Zoning: CMX-2.5 • Liquor License Available • East Passyunk - Philadelphia’s Newest most Exciting Food Neighborhood • Close Proximity to South Philadelphia Landmark Locations • Voted Best Pizza in Philadelphia East Passyunk! “My Philly Alive”
#PAPH2399200

PHILADELPHIA

1736 E PASSYUNK AVENUE

None Beds

None Baths

N/A

$2,000,000

MLS#: PAPH2399200

Positioned on a high-visibility corner in Roxborough, this fully-occupied, income-generating mixed-use asset offers an excellent investment opportunity. The property features six units in total: one commercial space leased to a long established dental practice and five well-maintained residential apartments. Each apartment includes a contemporary open-concept layout, modern kitchens and baths with stainless steel appliances, and in-unit laundry-appealing to today’s renters. With all units currently leased, this property delivers immediate cash flow. Located near popular neighborhood amenities— including shops, parks, restaurants, public transit, and the renowned Santucci’s-this is a prime location in a rapidly evolving community. Roxborough continues to attract both residential and commercial interest, making this a smart addition to any real estate portfolio.
#PAPH2484094

PHILADELPHIA

6162 RIDGE AVENUE

None Beds

None Baths

7,625 Sq.Ft.

$2,250,000

MLS#: PAPH2484094

1654 Ridge presents a turnkey 7-unit investment opportunity along the bustling Ridge Avenue corridor in Philadelphia, Pennsylvania. Acquire this 6.75-cap boutique apartment building in a Top-10 USA MSA with the benefit of a 10yr tax abatement (expiring 2028), minimal OPEX and ±10% rental upside based on market comparables. The apartments are spaciously configured with a mixture of four (4) 1bdx1ba units, two (2) 3bdx3.5ba penthouse units, and operational ground floor commercial space. Anchored on a highly visible corner lot in Francisville, this prime ±9,000 SF multifamily asset commands attention with its prominent height and curb appeal. Private balconies + roofdecks (+common roofdeck) provide outdoor enjoyment for tenants — and panoramic downtown Philly skyline views. Easy access into Fairmount, Center City, Museums District, North Broad District + more — a completely accessible location — walkable to all of the world-class urban attractions Philadelphia has to offer. Tenant occupied (48hr notice to tour). Enquire within for pro forma financials and building plans.
#PAPH2475460

PHILADELPHIA

1654 RIDGE AVENUE

None Beds

None Baths

9,000 Sq.Ft.

$2,399,999

MLS#: PAPH2475460

Incredible opportunity to acquire two side-by-side commercial properties spanning 6.62 acres in one of Philadelphia’s fastest-growing corridors. This unique offering includes nine existing structures—a mix of office spaces, warehouses, and storage buildings—totaling approximately 130,000 square feet. The site also features a large parking lot accommodating 80-100 vehicles. Whether you choose to maintain the existing commercial operations, redevelop into residential condos, or clear the site for a brand-new housing development, the potential here is undeniable. Located just minutes from the newly constructed train station, Temple University Health Science Campus, and major highways, this property sits in the heart of an area experiencing rapid growth and revitalization. Numerous new residential and mixed-use developments are underway nearby, making this a smart long-term investment. Key Highlights: 6.62 acres of land, 130,000+ SF across 9 buildings, Large parking lot for 80-100 cars, Flexible redevelopment potential, Prime location near North Broad St, Temple Health, and transit. Don’t miss this rare chance to control a substantial footprint in one of Philadelphia’s most exciting growth areas.
#PAPH2482324

PHILADELPHIA

3100 N 17TH STREET 44

None Beds

None Baths

130,000 Sq.Ft.

$2,500,000

MLS#: PAPH2482324

John Jordan Historic Condominium Building – Mixed-Use 5-Unit Investment Opportunity in the Heart of Old City Welcome to 239 Race Street, part of the historic John Jordan Condominium Building, a rare mixed-use property located near the corner of 3rd and Race in the heart of Old City. This well-maintained, condo’d five-unit building includes five residential condominiums, a commercial office space, and an additional 735 sq ft of cellar storage — making it ideal for investors or owner-users seeking flexibility and long-term upside in one of Philadelphia’s most desirable neighborhoods. The total building square footage is approximately 5,895 sq ft. Residential units are a mix of 1- to 3-bedroom layouts, many occupied by long-term tenants, providing immediate income stability with significant potential for rent growth over time. The ground-floor commercial office makes this a true mixed-use asset, perfect for a professional looking to operate their business on-site or lease it out for additional income. Zoning: CMX-3 This highly desirable CMX-3 zoning may allow for additional development potential. Future owners have the opportunity to increase the building’s square footage by expanding existing units, adding more units, or pursuing a vertical or rear extension — maximizing the property’s value and income potential. Unit Breakdown: • Unit A: 1 Bed / 1 Bath | 780 sq ft | Est. Rent: $1,750/month • Unit B: 2 Bed / 1.5 Bath | 1,422 sq ft | Est. Rent: $2,200/month • Unit C: 3 Bed / 2 Bath | 1,272 sq ft | Est. Rent: $2,500/month • Unit D: 2 Bed / 1 Bath | 966 sq ft | Est. Rent: $1,800/month • Unit E: 1 Bed / 1 Bath + Den | 720 sq ft | Est. Rent: $2,135/month • Cellar Storage: 735 sq ft (value-add space) Recent upgrades include new HVAC systems and water heaters, a full roof replacement in 2023, and fresh exterior trim painting. With estimated annual taxes at $19,592 and a projected gross rent of over $10,000/month, this property offers reliable income with significant long-term growth opportunities. Located just a half-block from 3rd & Race and steps from the acclaimed Bridge on Race luxury building, 239 Race Street offers unbeatable walkability to top-tier restaurants, nightlife, public transit, and historic Philadelphia landmarks.
#PAPH2472694

PHILADELPHIA

239 RACE STREET

None Beds

None Baths

5,895 Sq.Ft.

$2,100,000

MLS#: PAPH2472694

Development site- On 60,00 S.F. lot with Historic 10,000 S.F House Zoned for 4 units in the existing Historic House plus an addition in the rear and 2 single family houses totaling 7 dwellings. Registered by The Philadelphia Historic Commissioning. 1860 Italianate grand house with a 1927 Arts and Craft addition - Corner lot in the heart of Chestnut Hill. The existing pool and gardens can be Incorporated in the development plans. Walk to the charming shops of Chestnut Hill or Fairmount Park in minutes. Philadelphia architect H. Louis Duhring. added his studio in a bi-level space with a floor to ceiling north facing window. Presently there are three living spaces and 15 car parking. Enter from the wraparound porch though Italianate front door to the main residence with a formal dining room with three sets of French doors opening to porches, gardens and terraces on both sides and a greenhouse to the rear. Across the grand entrance hall is a formal living room with a center fireplace and large glass French doors. The library/music room has a stone fireplace, beamed ceiling and a wall of bookshelves with glass doors overlooking gardens. The kitchen area is replete with high wooden cabinets, large windows and a separate laundry room with powder room. Hardwood. floors are throughout with plaster walls, moldings and tile baseboards. A grand, skylight stairwell leads to the second level. The primary bedroom suite faces South with Walking closet and bathroom with large tub and French tile floors – A second bedroom with private balcony overlooking the atrium and skylight has a Delft tile bath. The third bedroom has a fireplace and a connecting door to an office with floor-to-ceiling closets entrance from the bedroom. The staircase to the third floor is covered with a large skylight. There are 4 additional bedrooms flowing from the center hall with a full tile bathroom and an office connecting to the storage hall. The bi-level apartment features dramatic architectural elements 22'x35 living room with stone fireplace one bedroom and separate loft overlooking bilevel space and a corner dining room flooded with light on both sides. A Lower-level Grotto apartment includes a large walk-in fireplace, full kitchen, 22'x35' LR and private terrace. The other ground level space includes the original kitchen with a dumb waiter, utility rooms and wine cellar. An amazing opportunity to bring the old-world charm into the 21st century. Presented in AS-IS Condition. One of the owners of this property is a licensed real estate broker in the state of Pennsylvania Exclusions:
#PAPH2458164

PHILADELPHIA

208-210 REX AVENUE

None Beds

None Baths

10,000 Sq.Ft.

$2,250,000

MLS#: PAPH2458164

Exceptional Redevelopment Opportunity in a Prime Central Location! This remarkable property offers a unique investment prospect that should not be overlooked. Dating back to 1873, this historic church, with a documented century-long history, holds immense potential for revitalization should you desire and/or adaptation or redevelopment into a new possibility. Situated just a few miles from Center City Philadelphia, it boasts a strategic location near prominent landmarks such as the Art Museum, Franklin Institute, Boathouse Row, Fairmount Park, the Philadelphia Zoo, and the Community College of Philadelphia. Nestled within the burgeoning Cabot neighborhood, this property is at the crossroads of Temple Town, Brewery Town, and Yorktown, with proximity to Temple University and adjacent to The Freedom Theater, and the Colombia North YMCA. Notably, it's less than a block away from Broad Street, granting easy access to public transportation by bus or train, as well as being adjacent to a city bike-share location. With Philadelphia International Airport just 13 miles away and its convenient access to New Jersey, this property offers convenience on multiple fronts. The area has seen substantial new construction and redevelopment, transforming it into a vibrant and rejuvenated community. This property is being sold as-is, providing a blank canvas for your creative ideas and designs, with countless possibilities for future use. This corner lot opportunity is exceptionally rare in this sought-after location, making it an opportunity you can't afford to miss. The current zoning is CMX2, prospective buyers should conduct thorough due diligence regarding zoning and variances, but the potential here is truly remarkable. There is an existing structure, but the value is in the land. Location, location, location!
#PAPH2433264

PHILADELPHIA

1409 W MASTER STREET 17

None Beds

None Baths

16,875 Sq.Ft.

$1,900,000

MLS#: PAPH2433264

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here