Description
Introducing a premier investment opportunity nestled in the heart of the vibrant brewerytown section of philadelphia: the newly constructed quadraplex at 1302 n 22nd street. this meticulously designed property, completed in 2021/2022, embodies modern living and strategic investment, making it an enticing addition to any discerning investor's portfolio.
this quadraplex is fully occupied, providing immediate and consistent cash flow. the property boasts a thoughtfully crafted unit mix, with one spacious one-bedroom unit and three generously sized two-bedroom units. this configuration not only maximizes rental income but also appeals to a diverse tenant base, ensuring long-term occupancy and stability.
one of the standout features of this investment is the full tax abatement in place until the end of 2032. this abatement significantly reduces operating expenses, thereby enhancing net cash flow and maximizing your return on investment. additionally, the property's location within a qualified opportunity zone offers the potential for substantial tax incentives, presenting an excellent opportunity for long-term investors looking to capitalize on these benefits.
brewerytown itself is a neighborhood on the rise, known for its rich industrial history and burgeoning cultural scene. the area is experiencing a renaissance, with an eclectic mix of trendy shops and vibrant eateries all contributing to its unique charm. its proximity to center city philadelphia further enhances its appeal, offering residents easy access to the city's bustling financial districts, cultural landmarks, and entertainment venues.
for investors seeking a property that combines modern amenities with strategic financial benefits, 1302 n 22nd street is a compelling choice. this quadraplex not only promises immediate income but also offers the potential for significant appreciation and tax advantages over time. don’t miss out on this rare opportunity to secure a stronghold in one of philadelphia’s most promising neighborhoods. contact us today to learn more about this exceptional property and arrange a viewing. your next smart investment awaits!
**offering memorandum available upon request.
Property Type
Multi-FamilyCounty
PHILADELPHIAStyle
Straight ThruAD ID
47336595
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Property Details
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Interior Features
Water/Sewer
- Water Source : Public
Heating & Cooling
- Cooling: Central A/C
- Heating: Forced Air
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 2022
- Structure: End of Row/Townhouse
- New Construction: No
- Total Units: 4
- Built: 2022
- Construction Material: Brick
- Foundation/Basement: Concrete Perimeter
- Architecture: Straight Thru
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Electric
-
Property / Lot Details
Lot Information
- Lot Size: 1,072
- Dimensions: 16.00 x 67.00
- Lot Size (Acres): 0.02
- Architectural Style: Straight Thru
- Main Square Feet: 1,072
Property Information
- SQ ft: 3,392
- SQ ft (Living Area): 3,392
- Total Lot SQ ft: 1,072
- Appx. Lot Dimensions: 16.00 x 67.00
- Total Acreage: 0.02
- New Construction: No
- Type: Straight Thru
-
Listing Information
Listing Information
- Possession: Immediate
- Days Of Market: 213
-
Taxes / Assessments
Tax Information
- Annual Tax: $2,010
- Tax Year: 2025
- Total Taxes Payment Frequency: Annually
Possession
- Immediate
Assessment Information
- Taxes Assessment Amount: $143,600
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: On Street
Homeowners Association Information
- Direction: Use GPS
-
School, Utilities & Location Details
School Information
- School District: PHILADELPHIA CITY
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
- Hot Water: Electric
Location Information
- Direction: Use GPS
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BuyOwner last updated this listing 05/20/2025 @ 11:29
- MLS: PAPH2410314
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 2,578 sqft, 1,072 sized lot, and 0 parking. are nearby neighborhoods.