
2,248 Sqft Lot
2,248 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2505270
Year Built 2025
Annual Tax Amount $979
Tax Year 2024
Lot Size 2,248 Sqft
Acres 0.05
Lot Dimensions 32.00 x 71.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Delivered in 2025, this turnkey investment features:
- Modern 1BD, 1BD+Den, and 2BD layouts, including top-floor units with private roof decks
- $1,395,000 asking price | $232,500 per unit | $320.22 per SF
- $10,025/month in-place rental income with a 6.99% pro forma CAP rate
- 10-year tax abatement, in-unit washer/dryers, smart entry systems, and energy-efficient mechanicals
- RM1 zoning with no affordability restrictions
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning RM1
Interior
Hot Water Multi-tank
Heating Central
Cooling Central A/C
Flooring Engineered Wood
Heat Source Electric
Exterior
Water Access N
Roof Type Fiberglass
Accessibility 2+ Access Exits
Garage N
Building
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District Philadelphia City
Others
Tax ID 511267500
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard


21 Belle Mead Griggstown Road Suite 107, Belle Mead, NJ, 08502, USA