$665,000

Estimated payment $4,280/month

Total Views 417
-- Bed
-- Bath
2,500 Sq Ft
$266 Price per Sq Ft

About This Home

**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 Agent

Matthew Ostroff

Compass RE Listed on: 07/02/2025

Compass RE

Map

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,279

Year Built

2023

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2023
  • Remarks Public: **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
  • Special Features: NewHome

Interior Features

  • Appliances: Stainless Steel Appliances, Dishwasher, Washer - Front Loading, Dryer - Gas, Oven/Range - Gas, Refrigerator, Freezer
  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 2500
  • Living Area Sq Ft: 2500
  • Price Per Sq Ft: 266.00
  • Above Grade Finished Sq Ft: 2500
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1107

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Roof Deck
  • Roof: Fiberglass
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System, Sprinkler System - Indoor, Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: PHILADELPHIA CITY
  • School District Key: 803408593408
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: O30
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15.00 x 53.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 795.00
  • Year Assessed: 2025
  • Zoning: CMX2

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 1059.00
  • Tax Annual Amount: 1891.00
  • Assessor Parcel Number: 362123200
  • Tax Lot: 179
  • Tax Total Finished Sq Ft: 1914
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: PHILADELPHIA CITY

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,279 $675,800 $135,160 $540,640
2024 $7,279 $675,800 $135,160 $540,640
2023 $1,925 $520,000 $104,000 $416,000
2022 $1,029 $137,500 $27,500 $110,000
2021 $1,029 $0 $0 $0
2020 $1,029 $0 $0 $0
2019 $953 $0 $0 $0
2018 $981 $0 $0 $0
2017 $981 $0 $0 $0
2016 $981 $0 $0 $0
2015 $939 $0 $0 $0
2014 -- $70,100 $9,460 $60,640
2012 -- $1,536 $427 $1,109
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 For Sale $665,000 -- $266 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $100,000 Quality Abstract Svcs Inc
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,100 Construction
Closed $150,000 New Conventional
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2511062

Bright MLS

APN: 362123200