4146 Parkside Ave, Philadelphia, PA 19104

$4,950,000

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List Price: $4,950,000
Price Change: ▼ $400,000 1790851428
Days on Market: 50
Status: ACTIVE
MLS#: PAPH2659404
Lot Size (Acres): 0.13
Year Built: 2023
County: Philadelphia
School District: The School District Of Philadelphia

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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

Area: 19104 (19104)
School District: The School District Of Philadelphia
Heating: Heat Pump
Cooling: Central Air
Water: Public
Sewer: Public Sewer