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Amazing investment opportunity. This modern, fully occupied 3-unit multi-family property was built in 2019 and is situated in the highly sought-after Olde Kensington neighborhood of Philadelphia, just a short walk from Temple University, Fishtown and Northern Liberties, ensuring consistent demand. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and immediate rent increases. The property includes a tax abatement and is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors. The unit mix includes one, two and three-bedroom layouts all with private outdoor space including a rear yard, rear deck or roof deck. 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. Taxes, remaining abatement term and square footage are the responsibility of the buyer to have verified. 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).
Property Type(s):
Multi Family
Last Updated | 3/24/2025 | Tract | OLDE KENSINGTON |
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Year Built | 2019 | Community | 19122 (19122) |
County | PHILADELPHIA |
SCHOOLS
School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
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Additional Details
AIR | Central Air, Electric |
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AIR CONDITIONING | Yes |
APPLIANCES | Electric Water Heater |
AREA | 19122 (19122) |
BASEMENT | Finished, Yes |
HEAT | Central, Electric, Forced Air |
LOT | 1307 sq ft |
LOT DIMENSIONS | 21.00 x 85.00 |
PARKING | None |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STYLE | Straight Thru |
SUBDIVISION | OLDE KENSINGTON |
TAXES | 2582 |
WATER | Public |
Location
Listing provided by KW Empower

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Data last updated: 3/26/25 5:17 AM PDT
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