**Investor's Dream and Owner-Occupied Opportunity in Rapidly Developing Point Breeze!** Welcome to this exceptional fully rented multi-use quadplex over commercial situated in the vibrant and rapidly evolving neighborhood of Point Breeze, Philadelphia. Constructed in 2020, this modern gem combines luxury with practicality, offering a fantastic opportunity for both investors and owner-occupied buyers. **Key Features:** - **New Construction**: Completed in 2020, this mixed-use building boasts contemporary design and high-quality finishes throughout, ensuring low maintenance for years to come. - **Ten-Year Tax Abatement**: Enjoy significant savings with a full tax abatement, enhancing your investment returns. - **Fully Rented**: You have the option to move into the commercial space and/or Unit-B. If you prefer, it can be delivered rented along with the other three apartments. The stable rental income makes this an attractive investment opportunity. - **Investment Potential**: With ongoing development in the area, property values are expected to rise, making this an excellent long-term investment. **Group Purchase Opportunity:** This property can be purchased individually or as part of a group purchase with three other fully-rented new construction buildings located at 1105 S. 27th St, 1107 S. 27th St, and 2613 Federal St. This presents a rare opportunity to quickly expand your rental portfolio with instant rental income. Secure these strategically located properties and benefit from the thriving rental market in Philadelphia. Whether you are looking to expand your investment portfolio or seeking a property where you can live and generate income, this duplex offers versatility and financial benefits. Don't miss out on this opportunity to own a piece of one of Philadelphia's most promising neighborhoods. Schedule a viewing today and envision the possibilities! Commercial Office + Garage - 1.5 bath Unit-A - 2 bed / 2 bath Unit-B - 2 bed / 2 bath Unit-C - 2 bed / 2 bath Unit-D - 2 bed / 2 bath
For sale
Price cut: $100K (10/11)
$1,750,000
2609-11 Federal St, Philadelphia, PA 19146
8beds
--baths
6,732sqft
Est.:
Townhouse
Built in 2020
-- sqft lot
$-- Zestimate®
$260/sqft
$-- HOA
What's special
- 154 days |
- 210 |
- 12 |
Zillow last checked: 8 hours ago
Listing updated: October 11, 2025 at 04:35am
Listed by:
Matthew Ostroff 215-901-2141,
Compass RE 2674358015
Source: Bright MLS,MLS#: PAPH2511066
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Stainless Steel Appliance(s), Dishwasher, Washer, Dryer, Oven/Range - Gas, Refrigerator, Freezer, Gas Water Heater
Features
- Basement: Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 6,732
- Total interior livable area: 6,732 sqft
Property
Parking
- Total spaces: 10
- Parking features: Oversized, Attached, Driveway
- Attached garage spaces: 8
- Uncovered spaces: 2
Accessibility
- Accessibility features: None
Features
- Patio & porch: Roof Deck
- Pool features: None
Lot
- Size: 2,432 Square Feet
- Dimensions: 32.00 x 76.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 362023700
- Zoning: CMX2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Townhouse
Materials
- Brick, Block, Masonry
- Foundation: Concrete Perimeter, Slab
- Roof: Fiberglass
Condition
- Excellent
- New construction: No
- Year built: 2020
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Security System, Fire Sprinkler System, Smoke Detector(s), Carbon Monoxide Detector(s)
- Subdivision: Point Breeze
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $260/sqft
- Tax assessed value: $970,300
- Annual tax amount: $13,582
- Date on market: 7/11/2025
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$2,094/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/11/2025 | Price change | $1,750,000-5.4%$260/sqft |
Source: | ||
| 7/11/2025 | Listed for sale | $1,850,000+1441.7%$275/sqft |
Source: | ||
| 2/28/2020 | Listing removed | $1,525 |
Source: Center City-Society Hill #PAPH838952 Report a problem | ||
| 2/18/2020 | Price change | $1,525-11.6% |
Source: Center City-Society Hill #PAPH838952 Report a problem | ||
| 10/7/2019 | Listed for rent | $1,725 |
Source: Center City-Society Hill #PAPH838952 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,582 | $970,300 |
| 2024 | $13,582 | $970,300 |
| 2023 | $13,582 +3390.3% | $970,300 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$10,423/mo
Principal & interest
$8643
Property taxes
$1167
Home insurance
$613
Climate risks
Neighborhood: Grays Ferry
Nearby schools
GreatSchools rating
- 5/10Marian Anderson Neighborhood AcademyGrades: K-8Distance: 0.6 mi
- 5/10Creative And Performing ArtsGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- District: Philadelphia City
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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