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Listed by Mark Malfara • BHHS Fox & Roach-Blue Bell
$895,000
Est. payment /mo
2,370 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2566182
Year Built 2023
Annual Tax Amount $681
Tax Year 2024
Lot Size 2,370 Sqft
Acres 0.05
Lot Dimensions 16.00 x 152.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
RECENT 2023 NEW-CONSTRUCTION, FIVE-UNIT ASSET WITH ACTIVE TAX ABATEMENT
Delivered in 2023 and fully leased, this building offers immediate income in a strong Baltimore Avenue corridor location. All five units are 1-bed/1-bath layouts, and the property is electric throughout. A paved, fenced front area provides organized space for trash storage, while a private side walkway leads to a dedicated entrance serving the residential units.
The structure is in excellent condition and designed for efficient use of space. A tax abatement that began in 2024 carries nine years of remaining benefit.
Positioned directly on Baltimore Avenue, the property offers immediate access to SEPTA routes reaching every part of the city and sits just minutes from University City. Ideal as a turnkey addition to any investment portfolio.
Delivered in 2023 and fully leased, this building offers immediate income in a strong Baltimore Avenue corridor location. All five units are 1-bed/1-bath layouts, and the property is electric throughout. A paved, fenced front area provides organized space for trash storage, while a private side walkway leads to a dedicated entrance serving the residential units.
The structure is in excellent condition and designed for efficient use of space. A tax abatement that began in 2024 carries nine years of remaining benefit.
Positioned directly on Baltimore Avenue, the property offers immediate access to SEPTA routes reaching every part of the city and sits just minutes from University City. Ideal as a turnkey addition to any investment portfolio.
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning RM1
Interior
Hot Water Electric
Cooling Central A/C
Flooring Engineered Wood
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 513050700
Ownership Fee Simple
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Financing Cash,Other
Special Listing Condition Standard
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