Description
Amazing investment opportunity. this modern, fully occupied 11-unit building also offers additional finished flex rooms in the basement providing additional income. the 27-bedroom multi-family property was built in 2010 and is situated in the highly sought-after west powelton neighborhood of philadelphia. just a short walk from the university of pennsylvania and drexel university, ensuring consistent demand from students and professionals. this property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth. the property is also located within a qualified opportunity zone, providing potential tax advantages for investors. the unit mix includes six (2) two-bedroom, one-bathroom units, two (2) three-bedroom, two-bathroom units and two (2) four-bedroom, two-bathroom units. the units offer hardwood floors, stainless-steel appliances, in-unit washer and dryers, and much more. don’t miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. eight property portfolio, can be purchased individually or as a full / partial portfolio (4008, 4010, 4032 & 4011 baring street, 416-18 n. wiota street, 508 budd street, 1537 swain street and 1802 n. 5th street).
Property Type
Multi-FamilySubdivision
West PoweltonCounty
PHILADELPHIAStyle
OtherAD ID
49081330
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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,Heat Pump(s)
- Cooling Fuel: Electric
- Heating Fuel: Electric
-
Exterior Features
Building Information
- Year Built: 2010
- Structure: Interior Row/Townhouse
- New Construction: No
- Total Units: 4
- Built: 2010
- Construction Material: Masonry
- Foundation/Basement: Other
- Architecture: Other
- 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: 5,363
- Dimensions: 44.00 x 121.00
- Lot Size (Acres): 0.12
- Architectural Style: Other
- Main Square Feet: 5,363
Property Information
- SQ ft: 9,590
- SQ ft (Living Area): 9,590
- Total Lot SQ ft: 5,363
- Subdivision: WEST POWELTON
- Appx. Lot Dimensions: 44.00 x 121.00
- Total Acreage: 0.12
- New Construction: No
- Type: Other
-
Listing Information
Listing Information
- Possession: Settlement
- Days Of Market: 2
-
Taxes / Assessments
Tax Information
- Annual Tax: $24,444
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Settlement
Assessment Information
- Taxes Assessment Amount: $1,746,300
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: None
Homeowners Association Information
- Direction: From Market Street to Lancaster Avenue to left on Baring Street
-
School, Utilities & Location Details
School Information
- School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Electric
- Hot Water: Electric
Location Information
- Direction: From Market Street to Lancaster Avenue to left on Baring Street
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BuyOwner last updated this listing 05/13/2025 @ 15:58
- MLS: PAPH2461432
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 9,590 sqft, 5,363 sized lot, and 0 parking. are nearby neighborhoods.