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$9,200,000
2 Days On Site

1951 POINT BREEZE AVENUE
PHILADELPHIA, PA 19145

For Sale|Commercial Sale|Coming Soon
0
Beds
0
Total Baths
33,000
SqFt
$279
/SqFt
2023
Built
Subdivision:
POINT BREEZE
County:
PHILADELPHIA
Listing courtesy of HomeSmart Realty Advisors

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1951 POINT BREEZE AVENUE1951 POINT BREEZE AVENUE1951 POINT BREEZE AVENUE1951 POINT BREEZE AVENUE
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INTRODUCING 1951 POINT BREEZE AVE — A PREMIER CLASS A, 30-UNIT LUXURY APARTMENT ASSET IN ONE OF PHILADELPHIA’S BEST NEIGHBORHOODS. CONSTRUCTED JUST 2 YEARS AGO, THIS MODERN, HIGH-QUALITY BUILDING OFFERS INVESTORS A FULLY STABILIZED, TURN-KEY MULTIFAMILY INVESTMENT WITH APPROXIMATELY 90% OCCUPANCY AND CONSISTENT, STRONG RENTAL DEMAND. AT FULL STABILIZATION, THE PROPERTY GENERATES APPROXIMATELY $60,000 IN MONTHLY INCOME, FURTHER ENHANCED BY AN APPROVED TAX ABATEMENT, RESULTING IN EXCEPTIONAL LONG-TERM CASH FLOW AND REDUCED OPERATING EXPENSES. DESIGNED FOR EFFICIENCY AND DURABILITY, THE ASSET FEATURES CONTEMPORARY FINISHES, ENERGY-EFFICIENT SYSTEMS, AND MINIMAL NEAR-TERM CAPITAL EXPENDITURE REQUIREMENTS. WITH ITS INSTITUTIONAL-GRADE CONSTRUCTION, LOW-MAINTENANCE PROFILE, AND CORE-PLUS MARKET POSITIONING, THIS PROPERTY REPRESENTS THE TYPE OF HIGH-PERFORMING, INCOME-PRODUCING ASSET SOUGHT BY DISCERNING INVESTORS SEEKING STABILITY, GROWTH, AND LONG-TERM APPRECIATION.

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Listing Snapshot
Price 
$9,200,000
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
33,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.24 Acres
Year Built 
2023
MLS® Number 
PAPH2569688
Status 
Coming Soon
Property Tax 
$7,809
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
2 days agoListing first seen on site
General Features
Acres 
0.24
Parking 
Parking Lot
Parking Spaces 
15
Property Condition 
New Construction
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
33000
Water Source 
Public
Zoning 
CMX2
Interior Features
Cooling 
Central AirElectric
Heating 
ElectricForced Air
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Exterior Features
Construction Details 
BrickAluminum Siding
Community Features
MLS Area 
19145 (19145)
School District 
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of HomeSmart Realty Advisors



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Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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