$ 1,200,000
-
$1,200,000
Price -
0
Bed -
0
Bath -
6,300
SqFt
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About the Listing 61039 - 3180706
Exceptional investment opportunity to acquire a newly constructed 6-unit multifamily asset in a rapidly developing section of Philadelphia. Ideally positioned just 2 miles from major hospitals, minutes from Fairmount Park, and within walking distance to popular dining and neighborhood amenities, this turnkey property is designed to attract strong tenant demand and long-term rental stability. The building features thoughtfully designed modern residences with high-end finishes throughout, including contemporary two-tone kitchens, stainless steel appliances, Calacatta quartz countertops, recessed LED lighting, oversized casement windows, luxury vinyl flooring, and in-unit washer/dryers in every apartment. Select units offer eat-in kitchen bars, private balconies, walk-in showers, and access to roof deck space, creating premium appeal for today’s renters. Spacious bedroom layouts and ample closet space further enhance tenant retention potential. This asset presents an ideal opportunity for investors seeking low-maintenance new construction with strong income potential in one of Philadelphia’s growing rental corridors. With modern systems, efficient layouts, and luxury-style finishes, the property offers reduced near-term capital expenditure exposure and strong positioning for market-rate rents. Additional income potential is available through two on-site parking spaces leased separately at $100 per month each. Whether added to an existing portfolio or acquired as a stabilized long-term hold, this newly built multifamily property combines location, quality construction, and desirable amenities to create a compelling investment opportunity in the Philadelphia market.
Listing Highlights
Status
Active
Days on Site
6
Property Type
Commercial Sale
MLS ®
PAPH2619824
Year Built
2026
Total Square Footage
6,300
Lot/Acreage
0.05
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Ductless/Mini-Split
- Heating:
- Fireplaces:
- Floor: Luxury Vinyl Plank
- 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: 2
- Lot Dimensions: 27.00 x 88.00
- Zoning: RSA5
- Roof: Rubber
- Others: Excellent
- Sewer: Private Sewer
- Parking Features: Private,On Street,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $1,093
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
1620 N Bailey St Philadelphia, PA 19121
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