
138-40 Tasker St Philadelphia, PA 19148
Pennsport NeighborhoodEstimated payment $13,762/month
Highlights
- New Construction
- 0.06 Acre Lot
- 2 Car Attached Garage
- City View
- Contemporary Architecture
- 2-minute walk to Karen Donnelly Park
About This Home
Welcome to this exceptional new construction property located in the highly sought-after Pennsport neighborhood of South Philadelphia. This meticulously designed 7-unit building presents an incredible turn-key investment opportunity for savvy investors. Fully leased with stable tenants in place, this property offers immediate cash flow and hassle-free ownership.
The building features 6 two-bedroom two bathroom units and one ADA compliant one bedroom unit, all with modern finishes and high-end touches. Open-concept living areas, tons of natural light, sleek kitchens with stainless steel appliances, and generously-sized bedrooms create an ideal living space for residents. Each unit is thoughtfully designed for comfort and style, making them highly desirable in this vibrant and growing neighborhood.
Property Features:
7 fully leased units.
Two dedicated parking spaces, a rare and valuable feature in this area
Brand new construction, offering low maintenance and modern amenities
Units are equipped with stainless steel appliances, in-unit laundry, and central HVAC
Ideal location in Pennsport, a neighborhood known for its convenience and proximity to shopping, dining, and transportation.
Investment Highlights:
Fully leased with reliable rental income
Excellent location in a thriving neighborhood with high demand for rentals.
Strong rental market with minimal vacancy risk
Two parking spaces included, adding extra value for tenants
This is a truly turn-key investment opportunity—no renovations, no tenant search, just immediate returns. Whether you're looking to add to your portfolio or make your first investment, this property offers a hassle-free and profitable option. Don’t miss out on this prime real estate in one of South Philly's most desirable neighborhoods!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,680
Year Built
- Built in 2024 | New Construction
Lot Details
- 2,650 Sq Ft Lot
- Lot Dimensions are 26x98
- Property is in excellent condition
Parking
- 2 Car Attached Garage
- Front Facing Garage
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Stick Built Home
Interior Spaces
- 7,000 Sq Ft Home
- City Views
Accessible Home Design
- Halls are 36 inches wide or more
- Doors are 32 inches wide or more
Utilities
- Forced Air Heating and Cooling System
- Multi-Tank Hot Water Heater
Listing and Financial Details
- Assessor Parcel Number 011086400
Community Details
Overview
- 4 Units
- 4-Story Building
- Pennsport Subdivision
Building Details
- Income includes parking
- Gross Income $166,080
- Net Operating Income $143,427
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,367 | $326,300 | $65,260 | $261,040 |
2024 | $4,367 | $326,300 | $65,260 | $261,040 |
2023 | $4,367 | $312,000 | $62,400 | $249,600 |
2022 | $3,444 | $312,000 | $62,400 | $249,600 |
2021 | $3,444 | $0 | $0 | $0 |
2020 | $3,444 | $0 | $0 | $0 |
2019 | $3,178 | $0 | $0 | $0 |
2018 | $2,578 | $0 | $0 | $0 |
2017 | $2,578 | $0 | $0 | $0 |
2016 | $17,998 | $0 | $0 | $0 |
2015 | $17,998 | $0 | $0 | $0 |
2014 | -- | $184,200 | $26,666 | $157,534 |
2012 | -- | $12,224 | $2,269 | $9,955 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/30/2025 07/30/25 | For Sale | $2,500,000 | -- | $357 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | -- | None Listed On Document | |
Deed | $125,000 | -- |
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Source: Bright MLS
MLS Number: PAPH2522406

APN: 011086400
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