See all 16 photos
16 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,400,000
Est. payment /mo
7,000 SqFt
UPDATED:
01/09/2025 07:52 PM
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $200
Subdivision Francisville
MLS Listing ID PAPH2433004
Originating Board BRIGHT
Year Built 2020
Annual Tax Amount $2,519
Tax Year 2024
Lot Size 1,416 Sqft
Acres 0.03
Lot Dimensions 18.00 x 78.00
Property Description
Amazing investment opportunity. This recently constructed, fully occupied 6-unit mixed-use property, built in 2020, is situated in the highly sought-after Francisville neighborhood of Philadelphia. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and immediate rent increases. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors, and includes six years remaining on a tax abatement. The unit mix includes two (2) studios, one (1) bi-level one-bedroom with backyard access, and two (2) bi-level one-bedroom plus den units with one and half baths. plus a ground-floor commercial unit. Don't miss this rare opportunity to own a high-performing mixed-use property in a rapidly developing area. Taxes, remaining abatement term and square footage are the responsibility of the buyer to have verified. Nine property portfolio, can be purchased individually or as a full / partial portfolio (2243 N. Broad St., 2207 N. Broad St., 1730 Ridge Ave., 1230 N Marshall St., 1520 N. 7th St., 1805 N. 6th St., 1917 N. 7th St., 2010 N. 8th St., 1540 W. Tioga St.).
Location
State PA
County Philadelphia
Area 19130 (19130)
Zoning CMX25
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 882006707
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Read Less Info
Listed by Jim Onesti • KW Empower