2613 Federal St, Philadelphia, PA 19146

$849,000
2,700
SqFt

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List Price
$849,000
Price Change
▼ $6,000 1781113420
Days on Market
384
Status
ACTIVE
MLS#
PAPH2511026
Living Area
2,700
Lot Size (Acres)
0.03
Style
Contemporary
Year Built
2023
County
Philadelphia
School District
Philadelphia City

Property Description

**Investor's Dream and Owner-Occupied Opportunity in Rapidly Developing Point Breeze!** Welcome to this exceptional fully rented triplex 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 triplex 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 2034, enhancing your investment returns. - **Fully Rented**: All units are 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, 1107 S. 27th St, and 2609-11 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 triplex 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-A - 1 bed / 1 bath w/ parking (driveway) Unit-B - 2 bed / 2 bath Unit-C - 3 bed / 3 bath w/ roof deck

Additional Information

Area
19146 (19146)
Subdivision
Point Breeze
Taxes
$2444
School District
Philadelphia City
Exterior Features
Roof Deck
Heating
Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Roof
Fiberglass
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Compass Pennsylvania, LLC. Contact: 2674358015