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: $5K (9/30)
$1,190,000
2937 Page St, Philadelphia, PA 19121
8beds
--baths
4,800sqft
Est.:
Townhouse
Built in 2024
-- sqft lot
$-- Zestimate®
$248/sqft
$-- HOA
What's special
Spacious residential units
- 160 days |
- 79 |
- 3 |
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