1951 Point Breeze Ave

Philadelphia, PA 19145
  • $9,200,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 33,000

    SqFt

About the Listing SOLDIER - 3256530

INTRODUCING 1951 POINT BREEZE AVE — A PREMIER CLASS A, 30-UNIT LUXURY APARTMENT ASSET IN ONE OF PHILADELPHIA’S BEST NEIGHBORHOODS. CONSTRUCTED JUST 2 YEARS AGO, THIS MODERN, HIGH-QUALITY BUILDING OFFERS INVESTORS A FULLY STABILIZED, TURN-KEY MULTIFAMILY INVESTMENT WITH APPROXIMATELY 90% OCCUPANCY AND CONSISTENT, STRONG RENTAL DEMAND. AT FULL STABILIZATION, THE PROPERTY GENERATES APPROXIMATELY $60,000 IN MONTHLY INCOME, FURTHER ENHANCED BY AN APPROVED TAX ABATEMENT, RESULTING IN EXCEPTIONAL LONG-TERM CASH FLOW AND REDUCED OPERATING EXPENSES. DESIGNED FOR EFFICIENCY AND DURABILITY, THE ASSET FEATURES CONTEMPORARY FINISHES, ENERGY-EFFICIENT SYSTEMS, AND MINIMAL NEAR-TERM CAPITAL EXPENDITURE REQUIREMENTS. WITH ITS INSTITUTIONAL-GRADE CONSTRUCTION, LOW-MAINTENANCE PROFILE, AND CORE-PLUS MARKET POSITIONING, THIS PROPERTY REPRESENTS THE TYPE OF HIGH-PERFORMING, INCOME-PRODUCING ASSET SOUGHT BY DISCERNING INVESTORS SEEKING STABILITY, GROWTH, AND LONG-TERM APPRECIATION.

Listing Highlights

Status Active
Days on Site 38
Property Type Commercial Sale
MLS ® PAPH2569688
Year Built 2023
Total Square Footage 33,000
Lot/Acreage 0.24
County Philadelphia
Neighborhood Point Breeze
School District Philadelphia City

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central A/C
  • Heating: 90% Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Horse Property: No
  • Garage Capacity: N/A
  • Parking Spaces: 15
  • Lot Dimensions: 60.00 x 180.00
  • Zoning: CMX2
  • Roof:
  • Others: Excellent
  • Sewer: Public Sewer
  • Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces

Financial Details

  • Tax Amount: $7,809
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

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Questions About..

1951 Point Breeze Ave Philadelphia, PA 19145

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Originating MLS: BRIGHT_MAIN

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