$ 299,000
-
$299,000
Price -
4
Bed - Bath
-
2,118
SqFt
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About the Listing KWEMPWR - 3118210
Attention Developers and Investors — Don’t miss this exceptional chance to own a high-potential, mixed-use property in one of South Philadelphia’s most rapidly growing corridors. 1427 Point Breeze Avenue is a framed, 3-story building with all current permits in place, ready for your finishing touches. Designed with income in mind, the layout includes a commercial space on the ground floor and two spacious 2-bedroom, 1-bath flats on the upper levels — each with a separate private entrance. Situated on an extra-deep 16' x 78' lot, the building offers generous interior space on every floor. Upon completion, this property is projected to generate approximately $6,600/month in rental income, delivering an impressive 12%+ cap rate — an outstanding value-add opportunity in a highly desirable location. Located in the heart of a thriving business district with a Walk Score of 83, you'll be surrounded by trendy restaurants, local shops, and new developments, with convenient access to public transit just steps away. Whether you're looking to expand your portfolio or capitalize on South Philly’s growth, this is your moment. Schedule your private tour today!
Listing Highlights for 1427 Point Breeze Ave
Status
Pending
Days on Site
102
Property Type
Multi-Family
MLS ®
PAPH2518738
Year Built
1915
Total Square Footage
2,118
Lot/Acreage
0.03
County
Philadelphia
Neighborhood
Point Breeze
Area
19146 (19146)
School District
The School District Of Philadelphia
Interior Details
- Bedrooms: 4
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2118
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 16.00 x 78.00
- Zoning: CMX2
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $2,807
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
1427 Point Breeze Ave Philadelphia, PA 19146
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