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4146 Parkside Ave, Philadelphia, PA 19104

$4,950,000
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List Price
$4,950,000
Status
ACTIVE
Days on Market
60
Price Change
▼ $400,000 1790851428
MLS#
PAPH2659404
Subtype
Commercial Sale
Year Built
2023
Lot Size
5,460
Acres
0.13
MLS Area Major
19104 (19104)
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Property Description

Trophy Commercial Real Estate is proud to present 4146-48 Parkside Avenue, a newly constructed 28-unit multifamily investment located directly overlooking Fairmount Park. Built in 2023, the property offers investors modern construction, immediate cash flow, and approximately seven years remaining on Philadelphia's original 10-year tax abatement, providing significant long-term tax savings. Investment Highlights: -28-Unit Multifamily Asset -In-Place NOI: $322,921 -Built in 2023 -Approximately 7 Years Remaining on the Original 10-Year Tax Abatement -Directly Overlooking Fairmount Park -Prime Parkside Location Near University City & Center City

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Additional Information

Taxes
$393
Zoning
RM1
Heating
Heat Pump
Air Conditioning
Central Air
School District
The School District Of Philadelphia
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Listing courtesy of Trophy Commercial Real Estate LLC. Contact: