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Select Commercial Advisors is pleased to present the opportunity to acquire a turnkey, stabilized multifamily asset on a 7.0% proforma cap rate in North Philadelphia West, featuring 5 spacious residential units and a full 10-year tax abatement. Acquire this high-quality, low-maintenance, new-construction property just completed in Q3 2024. Benefit from steady cash flow and strong appreciation potential driven by the rapidly-developing North Philadelphia West (19121) submarket. As new construction activity in Philadelphia declines, demand is expected to outpace supply, driving further rental growth in 2025-2026, presenting a unique opportunity for investors to acquire a high-quality, income-producing asset with significant long-term upside.
| DAYS ON MARKET | 1 | LAST UPDATED | 5/4/2025 |
|---|---|---|---|
| TRACT | STRAWBERRY MANSION | YEAR BUILT | 2024 |
| COMMUNITY | 19121 (19121) | COUNTY | PHILADELPHIA |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | 19121 (19121) |
| CONSTRUCTION | Brick, Other |
| HEAT | Electric, Forced Air |
| LOT | 1307 sq ft |
| PARKING | On Street |
| SEWER | Public Sewer |
| SUBDIVISION | STRAWBERRY MANSION |
| TAXES | 824 |
| WATER | Public |
| ZONING | Multifamily 5 Unit |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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