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Bought with Aldo Torres • Homestarr Realty
$ 637,500
$ 649,000 1.8%
2,500 SqFt
$ 637,500
$ 649,000 1.8%
2,500 SqFt
Key Details
Sold Price $637,500
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $255
Subdivision Point Breeze
MLS Listing ID PAPH2511062
Sold Date 05/08/26
Style Contemporary
Abv Grd Liv Area 2,500
Year Built 2023
Annual Tax Amount $1,891
Tax Year 2024
Lot Size 795 Sqft
Acres 0.02
Lot Dimensions 15.00 x 53.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Welcome to this exceptional fully rented (or optional half rented) duplex situated in the vibrant and rapidly evolving neighborhood of Point Breeze, Philadelphia. Constructed in 2023, this modern gem combines luxury with practicality, offering a fantastic opportunity for both investors and owner-occupied buyers.
**Key Features:**
- **New Construction**: Completed in 2023, this duplex boasts contemporary design and high-quality finishes throughout, ensuring low maintenance for years to come.
- **Ten-Year Tax Abatement**: Enjoy significant savings with a full tax abatement in place until 2032, enhancing your investment returns.
- **Fully Rented**: You have the option to move into Unit #1 or it can be delivered rented. Unit #2 is currently rented, providing immediate cash flow. The stable rental income makes this an attractive investment opportunity.
- **Investment Potential**: With ongoing development in the area, property values are expected to rise, making this an excellent long-term investment.
**Group Purchase Opportunity:**
This property can be purchased individually or as part of a group purchase with three other fully-rented new construction buildings located at 1105 S. 27th St, 2609-11 Federal St, and 2613 Federal St. This presents a rare opportunity to quickly expand your rental portfolio with instant rental income. Secure these strategically located properties and benefit from the thriving rental market in Philadelphia.
Whether you are looking to expand your investment portfolio or seeking a property where you can live and generate income, this duplex offers versatility and financial benefits. Don't miss out on this opportunity to own a piece of one of Philadelphia's most promising neighborhoods.
Schedule a viewing today and envision the possibilities!
Unit #1 - 2 bed / 2.5 bath
Unit #2 - 2 bed / 2.5 bath w/ roof deck
Location
State PA
County Philadelphia
Area 19146 (19146)
Zoning CMX2
Rooms
Basement Fully Finished
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Equipment Stainless Steel Appliances, Dishwasher, Washer - Front Loading, Dryer - Gas, Oven/Range - Gas, Refrigerator, Freezer
Fireplace N
Appliance Stainless Steel Appliances, Dishwasher, Washer - Front Loading, Dryer - Gas, Oven/Range - Gas, Refrigerator, Freezer
Heat Source Natural Gas
Exterior
Water Access N
Roof Type Fiberglass
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Above Ground Finished SqFt 2500
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 362123200
Ownership Fee Simple
SqFt Source 2500
Security Features Security System,Sprinkler System - Indoor,Smoke Detector,Carbon Monoxide Detector(s)
Special Listing Condition Standard
Schools and Properties Nearby
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