$665,000

1107 S 27TH ST, Philadelphia, PA 19146

  • 2,500 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 2023
  • Property Lot Size Icon871sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $266/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

**Investor's Dream and Owner-Occupied Opportunity in Rapidly Developing Point Breeze!** Welcome to this exceptional fully rented (or optional half rented) duplex situated in the vibrant and rapidly evolving neighborhood of Point Breeze, Philadelphia. Constructed in 2023, this modern gem combines luxury with practicality, offering a fantastic opportunity for both investors and owner-occupied buyers. **Key Features:** - **New Construction**: Completed in 2023, this duplex boasts contemporary design and high-quality finishes throughout, ensuring low maintenance for years to come. - **Ten-Year Tax Abatement**: Enjoy significant savings with a full tax abatement in place until 2032, enhancing your investment returns. - **Fully Rented**: You have the option to move into Unit #1 or it can be delivered rented. Unit #2 is currently rented, providing immediate cash flow. The stable rental income makes this an attractive investment opportunity. - **Investment Potential**: With ongoing development in the area, property values are expected to rise, making this an excellent long-term investment. **Group Purchase Opportunity:** This property can be purchased individually or as part of a group purchase with three other fully-rented new construction buildings located at 1105 S. 27th St, 2609-11 Federal St, and 2613 Federal St. This presents a rare opportunity to quickly expand your rental portfolio with instant rental income. Secure these strategically located properties and benefit from the thriving rental market in Philadelphia. Whether you are looking to expand your investment portfolio or seeking a property where you can live and generate income, this duplex offers versatility and financial benefits. Don't miss out on this opportunity to own a piece of one of Philadelphia's most promising neighborhoods. Schedule a viewing today and envision the possibilities! Unit #1 - 2 bed / 2.5 bath Unit #2 - 2 bed / 2.5 bath w/ roof deck

Listing Status:
Active
Listing Office:
Compass Pennsylvania, LLC : 2674358015
Listing Agent:
Matthew Ostroff : 2159012141
MLS ID:
PAPH2511062
  • Appliances: Stainless Steel AppliancesDishwasherWasher - Front LoadingDryer - GasOven/Range - GasRefrigeratorFreezer
  • Basement: Fully finished
  • A/C: Central A/C
  • Heating: Forced AirNatural Gas
  • Disability Feature: None

This listing courtesy of Matthew Ostroff, Compass Pennsylvania, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Chester A. Arthur School

2000 Catharine St, Philadelphia, PA, 19146

Grades KG-8

0.66 miles away

C

Chester A. Arthur School

2000 Catharine St, Philadelphia, PA, 19146

Grades KG-8

0.66 miles away

C

Creative and Performing Arts

901 S Broad St, Philadelphia, PA, 19147

Grades 9-12

1.20 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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