Description
An exceptional opportunity to own a legally zoned, new construction triplex in booming grays ferry/south philadelphia. this property consists of two combined addresses—2615 and 2617 latona street—merged into one spacious legal triplex. this project is well underway — flooring installation has begun and will be completed by the current owner prior to sale. all prior inspections have passed, and the 10-year tax abatement is fully approved. the owner has hvac and sprinkler in contract and will transfer to the new buyer.
property breakdown:
unit 1: 4 bedrooms, spans the 1st floor and fully finished basement
unit 2: 2 bedrooms, smart layout ideal for long- or short-term rental
unit 3: 4 bedrooms, occupying the 3rd and 4th floors, full of natural light and skyline views
buyers have the rare advantage to step in and take over the contractor to finish the project according to their preferences or investment strategy. perfect for investors seeking long-term cash flow or an owner-occupant looking to live in one unit and rent the others.
located on a quiet street with easy access to center city, upenn, chop, and i-76, this property checks all the boxes for a high-yield investment in one of philly’s fastest-growing neighborhoods.
don’t miss this income-producing gem with major upside potential!
Property Type
Multi-FamilyCounty
PHILADELPHIAStyle
A-FrameAD ID
50075787
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Interior Features
- Roof : Fiberglass
Roofing Information
- Fiberglass
Heating & Cooling
- Cooling: None
- Heating: None
- Cooling Fuel: None
- Heating Fuel: None
-
Exterior Features
Building Information
- Structure: Interior Row/Townhouse
- New Construction: No
- Total Units: 3
- Construction Material: Brick Front,Concrete
- Roof: Fiberglass
- Foundation/Basement: Concrete Perimeter
- Architecture: A-Frame
- Pool/Private: No Pool
- Roof Type: Fiberglass
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: None
-
Property / Lot Details
Lot Information
- Lot Size: 609
- Dimensions: 14.00 x 44.00
- Lot Size (Acres): 0.01
- Architectural Style: A-Frame
- Stories Total: 4
- Main Square Feet: 609
Property Information
- SQ ft: 0
- SQ ft (Living Area): 0
- Total Lot SQ ft: 609
- Financing: Cash,Conventional
- Appx. Lot Dimensions: 14.00 x 44.00
- Total Acreage: 0.01
- New Construction: No
- Type: A-Frame
-
Listing Information
Listing Information
- Possession: 0-30 Days CD,31-60 Days CD,Immediate
- Days Of Market: 2
-
Taxes / Assessments
Tax Information
- Annual Tax: $1,612
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- 0-30 Days CD,31-60 Days CD,Immediate
Assessment Information
- Taxes Assessment Amount: $115,200
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: None
Multi-Unit Information
- Acceptable Financing: Cash,Conventional
- Roof: Fiberglass
Homeowners Association Information
- Direction: Follow the GPS
-
School, Utilities & Location Details
School Information
- School District: PHILADELPHIA CITY
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: None
- Heating Fuel: None
- Hot Water: None
Location Information
- Direction: Follow the GPS
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BuyOwner last updated this listing 06/07/2025 @ 09:31
- MLS: PAPH2490552
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 609 sized lot, and 0 parking. are nearby neighborhoods.