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Amazing investment opportunity. This modern, fully occupied 3-unit building also offers a built-in garage. The 8-bedroom multi-family property was built in 2015 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 and includes a tax abatement until 2026. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors. The unit mix includes two (2) two-bedroom, one or two-bathroom units and one (1) four-bedroom, four-bathroom unit. 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 | WEST POWELTON |
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Year Built | 2015 | Community | 19104 (19104) |
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 | 19104 (19104) |
HEAT | Forced Air, Heat Pump, Natural Gas |
LOT | 3049 sq ft |
LOT DIMENSIONS | 30.00 x 97.00 |
PARKING | None |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STYLE | Straight Thru |
SUBDIVISION | WEST POWELTON |
TAXES | 5853 |
WATER | Public |
Location
Listing provided by KW Empower

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Data last updated: 3/25/25 3:59 PM PDT
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