4146 Parkside Ave, Philadelphia, PA 19104

$5,350,000

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List Price
$5,350,000
Days on Market
30
Status
ACTIVE
MLS#
PAPH2659404
Lot Size (Acres)
0.13
Year Built
2023
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

Trophy Commercial Real Estate is proud to present 4146-48 Parkside Avenue, a newly constructed 28-unit multifamily investment located directly overlooking Fairmount Park. Built in 2023, the property offers investors modern construction, immediate cash flow, and approximately seven years remaining on Philadelphia's original 10-year tax abatement, providing significant long-term tax savings. Investment Highlights: -28-Unit Multifamily Asset -In-Place NOI: $322,921 -Built in 2023 -Approximately 7 Years Remaining on the Original 10-Year Tax Abatement -Directly Overlooking Fairmount Park -Prime Parkside Location Near University City & Center City

Additional Information

Area
19104 (19104)
Taxes
$393
School District
The School District Of Philadelphia
Heating
Heat Pump(s)
Heating Fuel
Electric
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Trophy Commercial Real Estate LLC. Contact: 2156085745