$849,000
NEW CONSTRUCTION

Estimated payment $4,484/month

Total Views 1,110
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • New Construction
  • 3-minute walk to York-Dauphin
  • Stainless Steel Appliances
  • Adams Elementary School Rated A
  • Contemporary Architecture
  • 2-minute walk to Emerald Street Community Farm

About This Home

Experience modern living and smart investing with this newly built property, offering three well-designed residential units plus a commercial storefront in the vibrant heart of Norris Square. This opportunity is perfect for a buy-and-hold investor or a homeowner-occupant (eligible for just 5% down). When fully leased, the property generates $6,150 per month in actual rental income. Currently, Unit 3 has been intentionally left vacant to accommodate buyers who may want to live on site while collecting rent from the other units. With 9 years remaining on the tax abatement, the fast growing and appreciating location and minimal upkeep required, this is a low-maintenance, high-return investment that checks all the boxes. Unit 1: A striking bi-level apartment offering two generously sized bedrooms and two full baths, each appointed with stylish tile finishes. Soaring 9-foot ceilings create a spacious atmosphere throughout. The chef’s kitchen is outfitted with 36-inch sleek, flat-panel cabinetry, quartz counters, a modern herringbone backsplash, and premium stainless-steel appliances. A washer and dryer are included for added convenience. The highlight is private access to a large backyard oasis, perfect for relaxation or entertaining. Unit 2: A contemporary 1-bedroom, 1-bathroom flat designed with laminate flooring, 9-foot ceilings, and a dedicated laundry area. The kitchen features streamlined flat-panel cabinetry, a striking herringbone backsplash, stainless-steel appliances, Unit 3: Occupying the top two levels, this penthouse-style residence includes three spacious bedrooms, each paired with its own full bath. The main-floor primary suite boasts ample room for oversized furniture, a walk-in closet, and a spa-like en-suite with a glass-enclosed shower, tiled floors and walls, and modern vanities. The open living area features a bright kitchen with quartz counters, flat-panel cabinetry, stainless appliances, and a signature herringbone backsplash. Oversized windows bring in panoramic city views, The crowning feature: a private roof deck with 360-degree vistas of Center City — an ideal setting for outdoor entertaining. Commercial Space: Well sized, Positioned at street level and collecting rent. This newer construction is located in one of Philadelphia's fastest growing and appreciating neighborhoods ,walkable to some of the city's best restaurants, bars and cafes.

Listing Agent

Reda Akbil

(267) 205-1369 reda.akbil@compass.com Compass RE License #RS337002 Listed on: 09/26/2025

Compass RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $215

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 1,260 Sq Ft Lot
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Fiberglass Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling height of 9 feet or more
  • Laminate Flooring
  • Stainless Steel Appliances
  • Finished Basement

Schools

  • Kensington High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • 200+ Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 4 Units
  • 4-Story Building

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 191002000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$215

Year Built

Built in 2024 | New Construction

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • New Construction: Yes
  • Expected On Market: 9/26/2025 12:00:00 AM
  • Year Built: 2024
  • Special Features: NewHome

Interior Features

  • Appliances: Stainless Steel Appliances
  • Flooring Type: Laminate Plank
  • Fireplace: No
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Fully Finished
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Completed: No
  • 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: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv, Cable Tv Available
  • Water Source: Public

Schools

  • School District Source: Listing Agent
  • High School: KENSINGTON

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1260.00
  • Property Condition: Excellent
  • Zoning: CMX2

Rental Info

  • Vacation Rental: No

Tax Info

  • School Tax: 120.00
  • Tax Annual Amount: 215.00
  • Assessor Parcel Number: 191002000
  • Tax Lot: 18
  • Tax Year: 2024

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Map

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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
2026 $216 $575,000 $115,000 $460,000
2025 $216 $120,400 $120,400 --
2024 $216 $120,400 $120,400 --
2023 $216 $15,400 $15,400 $0
2022 $216 $15,400 $15,400 $0
2021 $216 $0 $0 $0
2020 $216 $0 $0 $0
2019 $216 $0 $0 $0
2018 $216 $0 $0 $0
2017 $358 $0 $0 $0
2016 $358 $0 $0 $0
2015 $603 $0 $0 $0
2014 -- $45,000 $6,329 $38,671
2012 -- $1,920 $288 $1,632
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2025 11/13/25 Price Changed $849,000 -5.6% --
10/19/2025 10/19/25 Price Changed $899,000 -7.2% --
09/26/2025 09/26/25 For Sale $969,000 -- --
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $110,000 Ac Abstract Llc
Deed $18,111 None Available
Source: Public Records

Source: Bright MLS

MLS Number: PAPH2539622

Bright MLS

APN: 871000271