2,500 SqFt
2,500 SqFt
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $259
Lot Size 795 Sqft
MLS Listing ID PAPH2511056
Style Contemporary
Subdivision Point Breeze
Total Units 2
Short Sale No
Originating MLS BRIGHT
Property Description
Welcome to this exceptional fully rented duplex 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 duplex 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 2033, 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 1107 S. 27th St, 2609-11 Federal St, and 2613 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 duplex 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 #1 - 2 bed / 2.5 bath
Unit #2 - 2 bed / 2.5 bath w/ roof deck
Location
State PA
County Philadelphia
Area 19146 (19146)
Zoning CMX2
Rooms
Basement Fully Finished
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Equipment Stainless Steel Appliances, Dishwasher, Washer - Front Loading, Dryer - Gas, Oven/Range - Gas, Refrigerator, Freezer
Fireplace N
Appliance Stainless Steel Appliances, Dishwasher, Washer - Front Loading, Dryer - Gas, Oven/Range - Gas, Refrigerator, Freezer
Heat Source Natural Gas
1-purchase type For Sale
Exterior
Waterfront N
Water Access N
Roof Type Fiberglass
Accessibility None
Parking Type On Street
Building
New Construction N
Foundation Concrete Perimeter
Lot Dimensions 15.00 x 53.00
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Additional Building Above Grade, Below Grade
Schools
School District Philadelphia City
Others
Tax Amount $1,619
Tax Year 2024
Tax ID 362123105
Ownership Fee Simple
SqFt Source 2500
Security Features Security System,Sprinkler System - Indoor,Smoke Detector,Carbon Monoxide Detector(s)
Special Sale Standard
