SQUARE FEET3,141
MLS#PAPH2460910
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONWEST POWELTON
SCHOOLTHE SCHOOL DISTRICT OF PHILADELPHIA
Property Description
Amazing investment opportunity. This modern, fully occupied 3-unit, 7-bedroom multi-family property was built in 2012 and is situated in the highly sought-after West Powelton neighborhood of Philadelphia. Just a short walk from the University of Pennsylvania and Drexel University, ensuring consistent demand from students and professionals. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors. The unit mix includes two (2) two-bedroom, one-bathroom units and one (1) three-bedroom, two-bathroom unit. The units offer hardwood floors, stainless-steel appliances, in-unit washer and dryers, and much more. Don’t miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Eight property portfolio, can be purchased individually or as a full / partial portfolio (4008, 4010, 4032 & 4011 Baring Street, 416-18 N. Wiota Street, 508 Budd Street, 1537 Swain Street and 1802 N. 5th Street). Seller is in the process of appealing taxes.
Property Features
Property Type: Multi Unit - Multiple
Basement: Fully Finished
Basement: Yes
Cooling: Central A/C
Fuel Type: Electric
Heating: Forced Air, Heat Pump(s)
Lot Size: 0.03 Acres
Taxes: $12,259
Year Built: 2012
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Exterior: Masonry
Lot Dimensions: 0.03 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Structure Type: Interior Row/Townhouse
Three Bedroom Units: 1
Total Garage/Parking Spaces: 0
Two Bedroom Units: 2
Units: 3
Water: Public
Local Schools
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Listed By / Shown By
Listed By
Agency Name: KW Empower
Agency Phone: 2156273500
Shown By
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535
First AmericanEstimate Your Payment
Estimated Payment
$ 2,733.30 per month $1,513.39 Principal & Interest $1,021.58 Property Tax $198.33 Homeowner's Insurance
4008 Baring Street | MLS# PAPH2460910
This multi-family property located at 4008 Baring Street, Philadelphia, PA 19104 is currently listed for sale with an asking price of $680,000. Baring Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.homesale.com today.