PA > Philadelphia > Strawberry Mansion
Philadelphia, PA 19121,2937 PAGE ST
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James Balletto

James Balletto

+1(609) 349-2987
Listed by Samantha Lee Miller • Select Commercial Advisors
$ 1,250,000
Est. payment | /mo

4,800 SqFt

Save
$ 1,250,000
Est. payment | /mo
Save

4,800 SqFt

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $260

Subdivision Strawberry Mansion

MLS Listing ID PAPH2477350

Originating Board BRIGHT

Year Built 2024

Available Date 2025-05-05

Annual Tax Amount $824

Tax Year 2025

Lot Size 1,270 Sqft

Acres 0.03

Property Sub-Type Five Or More Units

Property Description

Select Commercial Advisors is pleased to present the opportunity to 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.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Tax ID 323094700

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

Bright MLS (BMLS)
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(609) 349-2987

balletto.j@gmail.com

12 Terry Drive Suite 204, Newtown, Pennsylvania, 18940, United States

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2937 PAGE ST