Philadelphia, PA 19146,2609-11 FEDERAL ST
Philadelphia, PA 19146,2609-11 FEDERAL ST
Philadelphia, PA 19146,2609-11 FEDERAL ST
Philadelphia, PA 19146,2609-11 FEDERAL ST
Philadelphia, PA 19146,2609-11 FEDERAL ST
Philadelphia, PA 19146,2609-11 FEDERAL ST
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$ 1,699,000
Est. payment | /mo

6,732 SqFt


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$ 1,699,000
Est. payment | /mo
Save

6,732 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 6,732 sqft

Price per Sqft $252

Lot Size 2,432 Sqft

MLS Listing ID PAPH2511066

Style Contemporary

Subdivision Point Breeze

Total Units 4

Short Sale No

Originating MLS BRIGHT

Available Date 2025-07-11

Property Description

**Investor's Dream and Owner-Occupied Opportunity in Rapidly Developing Point Breeze!**

Welcome to this exceptional fully rented multi-use quadplex over commercial situated in the vibrant and rapidly evolving neighborhood of Point Breeze, Philadelphia. Constructed in 2020, this modern gem combines luxury with practicality, offering a fantastic opportunity for both investors and owner-occupied buyers.

**Key Features:**

- **New Construction**: Completed in 2020, this mixed-use building 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, enhancing your investment returns.

- **Fully Rented**: You have the option to move into the commercial space and/or Unit-B. If you prefer, it can be delivered rented along with the other three apartments. 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 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!

Commercial Office + Garage - 1.5 bath
Unit-A - 2 bed / 2 bath
Unit-B - 2 bed / 2 bath
Unit-C - 2 bed / 2 bath
Unit-D - 2 bed / 2 bath

Location

State PA

County Philadelphia

Area 19146 (19146)

Zoning CMX2

Rooms

Basement Partially 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

Garage Oversized

Garage Spaces 10

Waterfront N

Water Access N

Roof Type Fiberglass

Accessibility None

Parking Type Attached Garage, Driveway

Attached Garage 8

Total Parking Spaces 10

Building

New Construction N

Foundation Concrete Perimeter, Slab

Lot Dimensions 32.00 x 76.00

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

Schools

School District Philadelphia City

Others

Tax Amount $13,582

Tax Year 2024

Tax ID 362023700

Ownership Fee Simple

SqFt Source 6732

Security Features Security System,Sprinkler System - Indoor,Smoke Detector,Carbon Monoxide Detector(s)

Special Sale Standard

Bright MLS (BMLS)
Listed by Matthew Ostroff • Compass Pennsylvania, LLC

Nearby Locations

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