$645,000

Property Description

**Investor's Dream and Owner-Occupied Opportunity in Rapidly Developing Point Breeze!** Welcome to this exceptional fully 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 2033, enhancing your investment returns. - **Fully Rented**: All units are 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 1107 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

Property Facts & Features

Property Type

Multi Family

Status

For Sale

Listed

Jul 1, 2025

Price per Sq Ft

$258/sqft

ZIP Code

19146

Parking

On Street

Heating

Forced Air

Cooling

Central A/C

Construction

Brick

Style

Contemporary

Property Tax (2026)

$1,619/yr

Assessed Value

$578,300

Last Sold

$60,900 · Sep 20, 2015

Neighborhood

Grays Ferry

County

Philadelphia

School District

Universal Alcorn Cs

Estimated Value

Automated estimate. Not an appraisal.

Features & Amenities

Location

Lat 39.93933 · Lng -75.18817