Acquire a turnkey, stabilized multifamily asset on a 7.0% proforma cap rate in North Philadelphia West, featuring 5 spacious residential units and a full 10-year tax abatement. Acquire this high-quality, low-maintenance, new-construction property just completed in Q3 2024. Benefit from steady cash flow and strong appreciation potential driven by the rapidly-developing North Philadelphia West (19121) submarket. As new construction activity in Philadelphia declines, demand is expected to outpace supply, driving further rental growth in 2025-2026, presenting a unique opportunity for investors to acquire a high-quality, income-producing asset with significant long-term upside.
New construction
Price cut: $55K (6/16)
$1,195,000
2937 Page St, Philadelphia, PA 19121
8beds
--baths
4,800sqft
Est.:
Townhouse
Built in 2024
-- sqft lot
$-- Zestimate®
$249/sqft
$-- HOA
What's special
Spacious residential units
- 80 days
- on Zillow |
- 78 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: June 16, 2025 at 12:30am
Listed by:
Samantha Miller 215-315-3326,
Select Commercial Advisors (215) 315-3326
Source: Bright MLS,MLS#: PAPH2485900

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
Heating
- Forced Air, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 4,800
- Total interior livable area: 4,800 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,270 Square Feet
Details
- Additional structures: Above Grade
- Parcel number: 323094700
- Zoning: RM1
- Zoning description: Multifamily
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Townhouse
Materials
- Brick, Other, Stick Built
- Foundation: Concrete Perimeter
Condition
- Excellent
- New construction: Yes
- Year built: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $249/sqft
- Tax assessed value: $58,900
- Annual tax amount: $824
- Date on market: 5/22/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
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