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Amazing investment opportunity. This modern, fully occupied 11-unit building also offers additional finished flex rooms in the basement providing additional income. The 27-bedroom multi-family property was built in 2010 and is situated in the highly sought-after West Powelton neighborhood of Philadelphia. Just a short walk from the University of Pennsylvania and Drexel University, ensuring consistent demand from students and professionals. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors. The unit mix includes six (2) two-bedroom, one-bathroom units, two (2) three-bedroom, two-bathroom units and two (2) four-bedroom, two-bathroom units. The units offer hardwood floors, stainless-steel appliances, in-unit washer and dryers, and much more. Don't miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Eight property portfolio, can be purchased individually or as a full / partial portfolio (4008, 4010, 4032 & 4011 Baring Street, 416-18 N. Wiota Street, 508 Budd Street, 1537 Swain Street and 1802 N. 5th Street).
| DAYS ON MARKET | 7 | LAST UPDATED | 3/24/2025 |
|---|---|---|---|
| TRACT | WEST POWELTON | YEAR BUILT | 2010 |
| COMMUNITY | 19104 (19104) | COUNTY | PHILADELPHIA |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | 19104 (19104) |
| HEAT | Electric, Forced Air, Heat Pump |
| LOT | 5227 sq ft |
| LOT DIMENSIONS | 44.00 x 121.00 |
| PARKING | None |
| SEWER | Public Sewer |
| SUBDIVISION | WEST POWELTON |
| TAXES | 24444 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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