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Listed by Alyce Gerhardt • Keller Williams Liberty Place
$1,280,000
Est. payment /mo
2,795 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Parkside
MLS Listing ID PAPH2593190
Year Built 2025
Annual Tax Amount $100
Tax Year 2024
Lot Size 2,795 Sqft
Acres 0.06
Lot Dimensions 16.00 x 95.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Turnkey new construction multifamily in the University City area of Philadelphia, Pennsylvania — the #1 destination to visit in the world for 2026 (WSJ) and a Top-10 USA MSA for rent growth (2026). Six (6) units spanning ±5K SF on a prominent cornel parcel with serious curb appeal. 10 Year Tax Abatement. Minimal OPEX, above-average rent growth forecast. Easy access to the “EDS + MEDS” powerhouse economic district with world-class employers, institutions, healthcare systems, universities and corporations — UPENN, CHOP, HUP, Drexel University, Science Center, Schuylkill Yards, Amtrak's 30th Street Station, Philadelphia Zoo, Boathouse Row, Kelly Drive, Museums District — all within reach from North 40th — insulating the property with rental demand for years to come.
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning CMX1
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Luxury Vinyl Plank
Heat Source Electric
Exterior
Garage Spaces 1.0
Water Access N
View City
Accessibility None
Total Parking Spaces 1
Garage N
Building
Lot Description Corner
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District Philadelphia City
Others
Tax ID 243237400
Ownership Fee Simple
Special Listing Condition Standard
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Nearby School & Business
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