PA > Philadelphia > Strawberry Mansion
Philadelphia, PA 19121,2937 PAGE ST
Philadelphia, PA 19121,2937 PAGE ST
Philadelphia, PA 19121,2937 PAGE ST
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Listed by Samantha Lee Miller • Select Commercial Advisors
$1,195,000
Est. payment /mo
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4,800 SqFt
Price Dropped by $55K

2937 PAGE ST Philadelphia, PA 19121

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Hope Greenlee

Hope Greenlee

+1(443) 743-0551

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $248

Subdivision Strawberry Mansion

MLS Listing ID PAPH2477350

Year Built 2024

Available Date 2025-05-05

Annual Tax Amount $824

Tax Year 2025

Lot Size 1,270 Sqft

Acres 0.03

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

We are pleased to present the opportunity to 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.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Tax ID 323094700

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

Bright MLS (BMLS)
Hope Greenlee
Hope Greenlee Agent | License ID: 658745

+1(443) 743-0551

1425 Clarkview Rd, Baltimore, MD, 21209, USA

https://hopegreenleerealtor.com/

Hope Greenlee

Hope  Greenlee is a seasoned Realtor with 17 years of experience in the real estate industry. She hails from Baltimore County, is a proud graduate of Parkville High School, and pursued a business degree in Pittsburgh, Pennsylvania. With a background as a Multi-Site Property Manager spanning over two decades across Maryland, Hope has honed her skills and expertise in various facets of real estate. She is a devoted mother to five children and a passionate, market-savvy professional who prioritises her clients' satisfaction and best interests above all else. Hope's approach is characterised by professionalism, patience, and unwavering loyalty, ensuring a seamless and satisfying real estate experience. She is now part of The Breeden Group of Berkshire Hathaway Homesale Realty.

agent

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Phone

+1(443) 743-0551

Address

1425 Clarkview Rd, Baltimore, MD, 21209, USA

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