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).
The income description goes here to explain
List Price | $800,000 |
Property Type | Triplex (3-units) |
Usable Sqft | 4,080 |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 2015 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 061176810 |
MLS # | PAPH2461002 |
Property ID | 321382845 |
Lot Sqft | 2,924 |
Zoning | RSA5 |
Total Units | 3 |
Days on Market | 12 |
Original List Price | Unknown |
Date Updated | March 31, 2025 |
Date Created | March 23, 2025 |
Steven Onesti an agent of . Lic #RS372317
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