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 is done. HVAC and sprinklers has been paid in full. The 10-year tax abatement is fully approved. The buyer needs to hire their owner contractor to fnished the job. The property is sold in as is condition. 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!
New construction
Price cut: $10K (8/15)
$529,000
2615 Latona St, Philadelphia, PA 19146
2beds
--baths
--sqft
Est.:
Townhouse
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Skyline viewsNatural lightQuiet streetSmart layoutFlooring installation
- 79 days
- on Zillow |
- 128 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: August 15, 2025 at 06:21am
Listed by:
Eva Li 215-535-0898,
Homelink Realty 2155350898
Source: Bright MLS,MLS#: PAPH2490552

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
Basement
- Area: 0
Heating
- None
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 609 Square Feet
- Dimensions: 14.00 x 44.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 362053300
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: A-Frame
- Property subtype: Townhouse
Materials
- Brick Front, Concrete
- Foundation: Concrete Perimeter
- Roof: Fiberglass
Condition
- New construction: Yes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Tax assessed value: $115,200
- Annual tax amount: $1,612
- Date on market: 6/5/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
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