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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Listing Snapshot
Price
$4,950,000
Days On Site
93 Days
Bedrooms
34
Inside Area (SqFt)
19,394 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.13 Acres
Year Built
2023
MLS Number
PAPH2687902
Status
Active
Property Tax
$393
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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Recent Activity
a week ago
Listing updated with changes from the MLS
a week ago
Status changed to Active
3 months ago
Listing first seen on site
General Features
Acres
0.13
Parking
None
Property Sub Type
Multi Family
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
19394
SqFt Total
19394
Style
Other
Water Source
Public
Zoning
RM1
Interior Features
Appliances
Electric Water Heater
Cooling
Central AirElectric
Heating
ElectricHeat Pump
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Exterior Features
Construction Details
Brick
Pool Features
None
Community Features
Accessibility Features
Accessible Elevator Installed
MLS Area
19104 (19104)
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Schools
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Trophy Commercial Real Estate LLC
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