Philadelphia, PA 19146,1427 POINT BREEZE AVE
Philadelphia, PA 19146,1427 POINT BREEZE AVE
Philadelphia, PA 19146,1427 POINT BREEZE AVE
Philadelphia, PA 19146,1427 POINT BREEZE AVE
Philadelphia, PA 19146,1427 POINT BREEZE AVE
Philadelphia, PA 19146,1427 POINT BREEZE AVE
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$ 225,000
Est. payment | /mo

2,118 SqFt


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$ 225,000
Est. payment | /mo
Save

2,118 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,118 sqft

Price per Sqft $106

Lot Size 1,240 Sqft

MLS Listing ID PAPH2518738

Style Other

Subdivision Point Breeze

Total Units 3

Short Sale No

Originating MLS BRIGHT

Property Description

Attention Developers and Investors — Don't miss this exceptional chance to own a high-potential, mixed-use property in one of South Philadelphia's most rapidly growing corridors. 1427 Point Breeze Avenue is a framed, 3-story building with all current permits in place, ready for your finishing touches.
Designed with income in mind, the layout includes a commercial space on the ground floor and two spacious 2-bedroom, 1-bath flats on the upper levels — each with a separate private entrance. Situated on an extra-deep 16' x 78' lot, the building offers generous interior space on every floor.
Upon completion, this property is projected to generate approximately $6,600/month in rental income, delivering an impressive 12%+ cap rate — an outstanding value-add opportunity in a highly desirable location.
Located in the heart of a thriving business district with a Walk Score of 83, you'll be surrounded by trendy restaurants, local shops, and new developments, with convenient access to public transit just steps away.
Whether you're looking to expand your portfolio or capitalize on South Philly's growth, this is your moment. Schedule your private tour today!

Location

State PA

County Philadelphia

Area 19146 (19146)

Zoning CMX2

Interior

Hot Water None

Heating None

Cooling None

Heat Source None

1-purchase type For Sale

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type None

Building

New Construction N

Foundation Other

Lot Dimensions 16.00 x 78.00

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

Schools

School District The School District Of Philadelphia

Others

Tax Amount $2,807

Tax Year 2024

Tax ID 871549490

Ownership Fee Simple

SqFt Source 2118

Special Sale Standard

Bright MLS (BMLS)
Listed by Stuart Cohen • KW Empower

Nearby Locations

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