2937 Page St Philadelphia, PA 19121
Strawberry Mansion NeighborhoodEstimated payment $6,436/month
Highlights
- New Construction
- Forced Air Heating and Cooling System
- Property is in excellent condition
- Contemporary Architecture
About This Home
Acquire a turnkey, stabilized multifamily asset on a 7.0% proforma cap rate in North Philadelphia West, featuring 5 spacious residential units and a full 10-year tax abatement. Acquire this high-quality, low-maintenance, new-construction property just completed in Q3 2024. Benefit from steady cash flow and strong appreciation potential driven by the rapidly-developing North Philadelphia West (19121) submarket. As new construction activity in Philadelphia declines, demand is expected to outpace supply, driving further rental growth in 2025-2026, presenting a unique opportunity for investors to acquire a high-quality, income-producing asset with significant long-term upside.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $824
Year Built
- Built in 2024 | New Construction
Lot Details
- 1,270 Sq Ft Lot
- Property is in excellent condition
Parking
- On-Street Parking
Home Design
- 4,800 Sq Ft Home
- Contemporary Architecture
- Brick Exterior Construction
- Concrete Perimeter Foundation
- Stick Built Home
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- 4 Units
Listing and Financial Details
- Tax Lot 298
- Assessor Parcel Number 323094700
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/16/2025 06/16/25 | Price Changed | $1,195,000 | -4.4% | $249 / Sq Ft |
| 05/22/2025 05/22/25 | For Sale | $1,250,000 | -- | $260 / Sq Ft |
Source: Bright MLS
MLS Number: PAPH2485900
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