UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Sharswood
MLS Listing ID PAPH2590382
Year Built 2019
Available Date 2026-03-28
Annual Tax Amount $8,028
Tax Year 2025
Lot Size 882 Sqft
Acres 0.02
Lot Dimensions 14.00 x 63.00
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Exceptional turnkey investment opportunity ideally positioned between Francisville and Sharswood area featuring six duplex buildings constructed in 2019, totaling 12 high-end residential units with four years remaining on the tax abatement. This income-producing asset offers strong cash flow and long-term appreciation potential.
The unit mix consists of two distinct bi-level layouts:
Unit A: 3 bedrooms and 2 bathrooms, with the den counted as the third bedroom. Each Unit A includes a private patio and rents for $1,750 per month.
Unit B: 3 bedrooms and 3 bathrooms. Each Unit B offers a courtyard deck and a private roof deck, renting for $2,150 per month.
Some of the units showcase grey oak flooring throughout and sleek contemporary finishes, including modern kitchens with quartz countertops and full quartz backsplash, white soft-close cabinetry, stainless steel appliances, stainless steel farm sinks, and large sit-down islands. Bathrooms are beautifully appointed with custom vanities, ultra-modern tile work, and rain shower heads.
Additional highlights include recessed lighting throughout and convenient in-unit stackable front-loading laundry. Security and efficiency are top-tier, with ADT alarm systems, motion detection cameras, Ring doorbells, ductless multi-zone HVAC systems, energy-efficient hot water systems, high-efficiency appliances, triple-pane windows, and over-insulated walls and ceilings for maximum cost savings and comfort.
Key Bank is offering a 5K credit for this property which can be tied in with the Philly First 10K grant creating future value for the investors. The location provides excellent accessibility, just five minutes from the Route 15 trolley at Girard Avenue and Ridge Avenue, with easy connections to Broad Street, Center City, the Art Museum area, Fairmount, and Temple University.
Residents also enjoy proximity to neighborhood green spaces such as Francisville Playground, Franklintown Park, and Abraham Lincoln Playground.
Tax ID's for Duplexes: 471100410, 471100500, 471100610, 471100700, 471100800 & 471100900
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Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Hot Water Electric
Heating Other
Cooling Central A/C
Flooring Hardwood
Heat Source Natural Gas
Exterior
Garage Spaces 6.0
Water Access N
View Street
Accessibility None
Total Parking Spaces 6
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID PLEASE SEE MLS DESCRIPTION
Ownership Fee Simple
Security Features Electric Alarm,Motion Detectors
Acceptable Financing Cash, Conventional, FHA, VA, Other
Listing Terms Cash, Conventional, FHA, VA, Other
Financing Cash,Conventional,FHA,VA,Other
Special Listing Condition Standard
Virtual Tour https://view.ricoh360.com/2043753c-677f-4969-af59-25f6fa0d6c6c
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David Werfel
Broker Associate | License ID: 0225021819
Broker Associate License ID: 0225021819