Investments Sales Management

Contemporary

2613 FEDERAL STREET

PHILADELPHIA , PA 19146

MLS#: PAPH2511026

$885,000

Status: Active
Listing number: PAPH2511026
Listing provided by: Compass Pennsylvania, LLC
Listing agent phone: None
Last update: 19 days ago
Browse Properties
POINT BREEZE - Residential Income

Property

Beds

6

Full Baths

None

1/2 Baths

None

Year Built

2023

Sq.Footage

2,700

**Investor's Dream and Owner-Occupied Opportunity in Rapidly Developing Point Breeze!** Welcome to this exceptional fully rented triplex situated in the vibrant and rapidly evolving neighborhood of Point Breeze, Philadelphia. Constructed in 2023, this modern gem combines luxury with practicality, offering a fantastic opportunity for both investors and owner-occupied buyers. **Key Features:** - **New Construction**: Completed in 2023, this triplex boasts contemporary design and high-quality finishes throughout, ensuring low maintenance for years to come. - **Ten-Year Tax Abatement**: Enjoy significant savings with a full tax abatement in place until 2034, enhancing your investment returns. - **Fully Rented**: All units are currently rented, providing immediate cash flow. The stable rental income makes this an attractive investment opportunity. - **Investment Potential**: With ongoing development in the area, property values are expected to rise, making this an excellent long-term investment. **Group Purchase Opportunity:** This property can be purchased individually or as part of a group purchase with three other fully-rented new construction buildings located at 1105 S. 27th St, 1107 S. 27th St, and 2609-11 Federal St. This presents a rare opportunity to quickly expand your rental portfolio with instant rental income. Secure these strategically located properties and benefit from the thriving rental market in Philadelphia. Whether you are looking to expand your investment portfolio or seeking a property where you can live and generate income, this triplex offers versatility and financial benefits. Don't miss out on this opportunity to own a piece of one of Philadelphia's most promising neighborhoods. Schedule a viewing today and envision the possibilities! Unit-A - 1 bed / 1 bath w/ parking (driveway) Unit-B - 2 bed / 2 bath Unit-C - 3 bed / 3 bath w/ roof deck

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2700.0

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Concrete, Driveway

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.03

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

  • Architectural Style

    Contemporary

Price

  • Sales Price

    $885,000

  • Tax Amount

    2444.0

  • Sq. Footage

    2, 700

  • Price/SqFt

    $327

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Concrete Perimeter

  • Sewer

    Public Sewer

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Location

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PHILADELPHIA

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Listing Courtesy of Matthew Ostroff , Compass Pennsylvania, LLC

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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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**Investor's Dream and Owner-Occupied Opportunity in Rapidly Developing Point Breeze!** Welcome to this exceptional fully rented triplex situated in the vibrant and rapidly evolving neighborhood of Point Breeze, Philadelphia. Constructed in 2023, this modern gem combines luxury with practicality, offering a fantastic opportunity for both investors and owner-occupied buyers. **Key Features:** - **New Construction**: Completed in 2023, this triplex boasts contemporary design and high-quality finishes throughout, ensuring low maintenance for years to come. - **Ten-Year Tax Abatement**: Enjoy significant savings with a full tax abatement in place until 2034, enhancing your investment returns. - **Fully Rented**: All units are currently rented, providing immediate cash flow. The stable rental income makes this an attractive investment opportunity. - **Investment Potential**: With ongoing development in the area, property values are expected to rise, making this an excellent long-term investment. **Group Purchase Opportunity:** This property can be purchased individually or as part of a group purchase with three other fully-rented new construction buildings located at 1105 S. 27th St, 1107 S. 27th St, and 2609-11 Federal St. This presents a rare opportunity to quickly expand your rental portfolio with instant rental income. Secure these strategically located properties and benefit from the thriving rental market in Philadelphia. Whether you are looking to expand your investment portfolio or seeking a property where you can live and generate income, this triplex offers versatility and financial benefits. Don't miss out on this opportunity to own a piece of one of Philadelphia's most promising neighborhoods. Schedule a viewing today and envision the possibilities! Unit-A - 1 bed / 1 bath w/ parking (driveway) Unit-B - 2 bed / 2 bath Unit-C - 3 bed / 3 bath w/ roof deck

2613 FEDERAL STREET

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