PA > Philadelphia > Strawberry Mansion
Philadelphia, PA 19121,2937 PAGE ST
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Philadelphia, PA 19121,2937 PAGE ST
Philadelphia, PA 19121,2937 PAGE ST
Philadelphia, PA 19121,2937 PAGE ST
Philadelphia, PA 19121,2937 PAGE ST
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Dana Ubele

Dana Ubele

+1(856) 888-1133
Listed by Samantha Lee Miller • Mallin Panchelli Nadel Realty Inc
$ 1,190,000
Est. payment /mo
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Active

2937 PAGE ST Philadelphia, PA 19121

1,270 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision Strawberry Mansion

MLS Listing ID PAPH2477350

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

Source BRIGHT

Property Description

We are 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

Special Listing Condition Standard

Bright MLS (BMLS)
Dana Ubele

Dana Ubele

Broker | License ID: 0448855

+1(856) 888-1133

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