2609-11 Federal St Philadelphia, PA 19146
Point Breeze NeighborhoodEstimated payment $11,135/month
Total Views
1,578
--
Bed
--
Bath
6,732
Sq Ft
$275
Price per Sq Ft
Highlights
- Rooftop Deck
- Contemporary Architecture
- 8 Car Attached Garage
- 0.06 Acre Lot
- Stainless Steel Appliances
- Home Security System
About This Home
**Investor's Dream and Owner-Occupied Opportunity in Rapidly Developing Point Breeze!**
Welcome to this exceptional fully rented multi-use quadplex over commercial situated in the vibrant and rapidly evolving neighborhood of Point Breeze, Philadelphia. Constructed in 2020, this modern gem combines luxury with practicality, offering a fantastic opportunity for both investors and owner-occupied buyers.
**Key Features:**
- **New Construction**: Completed in 2020, this mixed-use building 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, enhancing your investment returns.
- **Fully Rented**: You have the option to move into the commercial space and/or Unit-B. If you prefer, it can be delivered rented along with the other three apartments. 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, 1107 S. 27th 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!
Commercial Office + Garage - 1.5 bath
Unit-A - 2 bed / 2 bath
Unit-B - 2 bed / 2 bath
Unit-C - 2 bed / 2 bath
Unit-D - 2 bed / 2 bath
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,582
Year Built
- Built in 2020
Lot Details
- 2,432 Sq Ft Lot
- Lot Dimensions are 32.00 x 76.00
- Property is in excellent condition
Parking
- 8 Car Attached Garage
- 2 Driveway Spaces
Home Design
- 6,732 Sq Ft Home
- Contemporary Architecture
- Brick Exterior Construction
- Slab Foundation
- Fiberglass Roof
- Concrete Perimeter Foundation
- Masonry
Kitchen
- Gas Oven or Range
- Freezer
- Dishwasher
- Stainless Steel Appliances
Laundry
- Front Loading Washer
- Gas Dryer
Home Security
- Home Security System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Outdoor Features
- Rooftop Deck
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Additional Features
- Partially Finished Basement
Community Details
- 4 Units
- Point Breeze Subdivision
Listing and Financial Details
- Tax Lot 42
- Assessor Parcel Number 362023700
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | For Sale | $1,850,000 | +1441.7% | $275 / Sq Ft |
| 07/17/2014 07/17/14 | Sold | $120,000 | -14.3% | -- |
| 06/18/2014 06/18/14 | Pending | -- | -- | -- |
| 06/04/2014 06/04/14 | For Sale | $140,000 | -- | -- |
Source: Bright MLS
Similar Homes in Philadelphia, PA
Source: Bright MLS
MLS Number: PAPH2511066
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