4008 Baring St,PHILADELPHIA, PA 19104
PHILADELPHIA, PA 19104
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.
Details
| MLS# | PAPH2460910 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 2012 |
| Days On Site | 34 |
| Listing Provided By | KW Empower | Steven Onesti |
Features
| SQ Feet | 3,141 |
|---|---|
| Basement | Y |
| Units | 3 |
| Zoning | RSA5 |
| Acreage | 0.03 |
| Water Front | Yes |
Market Activity 19104
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19104 |
| Area | 19104 (19104) |
| Community Name | WEST POWELTON |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in WEST POWELTON) | |
Price: $750,000 low | high Med: $294,500 SqFt: 3,141 low | high Med: 1,365 $ / SqFt: $239 low | high Med: $243 On site: 34 low | high Med: 68.500000 | |