2613 Federal Street, Philadelphia, PA 19146

$860,000
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SQUARE FEET2,700 MLS#PAPH2511026
STATUSACTIVE PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONPOINT BREEZE SCHOOLPHILADELPHIA CITY

Property Description

**Investor's Dream and Owner-Occupied Opportunity in Rapidly Developing Point Breeze!** Welcome to this exceptional fully rented triplex situated in the vibrant and rapidly evolving neighborhood of Point Breeze, Philadelphia. Constructed in 2023, this modern gem combines luxury with practicality, offering a fantastic opportunity for both investors and owner-occupied buyers. **Key Features:** - **New Construction**: Completed in 2023, this triplex boasts contemporary design and high-quality finishes throughout, ensuring low maintenance for years to come. - **Ten-Year Tax Abatement**: Enjoy significant savings with a full tax abatement in place until 2034, enhancing your investment returns. - **Fully Rented**: All units are currently rented, providing immediate cash flow. The stable rental income makes this an attractive investment opportunity. - **Investment Potential**: With ongoing development in the area, property values are expected to rise, making this an excellent long-term investment. **Group Purchase Opportunity:** This property can be purchased individually or as part of a group purchase with three other fully-rented new construction buildings located at 1105 S. 27th St, 1107 S. 27th St, and 2609-11 Federal St. This presents a rare opportunity to quickly expand your rental portfolio with instant rental income. Secure these strategically located properties and benefit from the thriving rental market in Philadelphia. Whether you are looking to expand your investment portfolio or seeking a property where you can live and generate income, this triplex offers versatility and financial benefits. Don't miss out on this opportunity to own a piece of one of Philadelphia's most promising neighborhoods. Schedule a viewing today and envision the possibilities! Unit-A - 1 bed / 1 bath w/ parking (driveway) Unit-B - 2 bed / 2 bath Unit-C - 3 bed / 3 bath w/ roof deck

2613 Federal Street | MLS# PAPH2511026

This multi-family property located at 2613 Federal Street, Philadelphia, PA 19146 is currently listed for sale with an asking price of $860,000. Federal Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.hankinshomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central A/C
Fuel Type: Natural Gas
Heating: Forced Air
Home Style: Contemporary
Lot Size: 0.03 Acres
Roof Type: Fiberglass
Taxes: $2,444
Year Built: 2023

Feature Descriptions

Additional Structures: Above Grade, Below Grade
Appliances: Stainless Steel Appliances, Dishwasher, Washer - Front Loading, Dryer - Front Loading, Dryer - Gas, Oven/Range - Gas, Refrigerator, Freezer, Built-In Microwave
Exterior: Roof Deck
Exterior: Brick
Lot Dimensions: 0.03 Acre(S)
Municipality: PHILADELPHIA
One Bedroom Units: 1
Parking Notes: Concrete Driveway
Sewer: Public Sewer
Structure Type: Interior Row/Townhouse
Three Bedroom Units: 1
Total Garage/Parking Spaces: 1
Two Bedroom Units: 1
Units: 4
Water: Public

Local Schools

School District: PHILADELPHIA CITY

Listed By / Shown By

Listed By

Agency Name: Compass Pennsylvania, LLC
Agency Phone: 2674358015

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Estimated Payment

$ 2,368.49 per month $1,913.99 Principal & Interest $203.67 Property Tax $250.83 Homeowner's Insurance

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