New Construction 5 unit apartment building in hot Norris Square area with 10 year tax abatement. Estimated rents over $9,000/month with an efficient unit mix and located in a QOZ (qualified opportunity zone) for maximum tax benefits. All units have private outdoor spaces with decks, roof decks, and patios. Large comfortable layouts with modern finishes and great natural lighting. High quality materials like TPO roofing, full red brick front, Pella windows, custom metal railings, large entry lobby. Construction will be completed in the next 45 days and listing photos are an example of the builder's previous apartment buildings. Leasing is in process. 5 Unit Mix: (2) - 2bd + den/3ba bilevel, (2) - 2bd/2ba bilevel, (1) - 1bd + den/1.5bath
MLS# | PAPH2463134 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | New Construction |
Status | Active-bright |
Year | 2025 |
Days On Site | 30 |
Listing Provided By | KW Empower | Eric R Fargnoli |
SQ Feet | 5,952 |
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Units | 4 |
Zoning | RM1 |
Acreage | 0.05 |
Water Front | Yes |
State | PA |
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County | PHILADELPHIA PA |
City | PHILADELPHIA |
Zip Code | 19122 |
Area | 19122 (19122) |
School District | PHILADELPHIA CITY |
Listing VS Median (in 19122) | |
Price: $1,250,000 low | high Med: $200,000 SqFt: 5,952 low | high Med: 883 $ / SqFt: $210 low | high Med: $227 On site: 30 low | high Med: 32.000000 |