2937 PAGE ST, Philadelphia, PA 19121 | MLS# PAPH2485900

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Kory Prince

kory@countrywiderealestate.ca +1(604) 270-8774

Listed by Samantha Lee Miller • Select Commercial Advisors

$1,190,000

Est. payment - /mo

4,800 SqFt

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UPDATED:

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $247

MLS Listing ID PAPH2485900

Style Contemporary

Abv Grd Liv Area 4,800

Year Built 2024

Annual Tax Amount $824

Tax Year 2025

Lot Size 1,270 Sqft

Acres 0.03

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

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

Province 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

Foundation Concrete Perimeter

Above Ground Finished SqFt 4800

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Tax ID 323094700

Ownership Fee Simple

SqFt Source 4800

Special Listing Condition Standard

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