2609-11 Federal St, PHILADELPHIA, PA

$1,850,000

Previous Next

6,732

Square feet

0.06

Acres

About 2609-11 Federal St

**Investor's Dream and Owner-Occupied Opportunity in Rapidly Developing Point Breeze!** Welcome to this exceptional fully rented multi-use quadplex over commercial situated in the vibrant and rapidly evolving neighborhood of Point Breeze, Philadelphia. Constructed in 2020, this modern gem combines luxury with practicality, offering a fantastic opportunity for both investors and owner-occupied buyers. **Key Features:** - **New Construction**: Completed in 2020, this mixed-use building boasts contemporary design and high-quality finishes throughout, ensuring low maintenance for years to come. - **Ten-Year Tax Abatement**: Enjoy significant savings with a full tax abatement, enhancing your investment returns. - **Fully Rented**: You have the option to move into the commercial space and/or Unit-B. If you prefer, it can be delivered rented along with the other three apartments. The stable rental income makes this an attractive investment opportunity. - **Investment Potential**: With ongoing development in the area, property values are expected to rise, making this an excellent long-term investment. **Group Purchase Opportunity:** This property can be purchased individually or as part of a group purchase with three other fully-rented new construction buildings located at 1105 S. 27th St, 1107 S. 27th St, and 2613 Federal St. This presents a rare opportunity to quickly expand your rental portfolio with instant rental income. Secure these strategically located properties and benefit from the thriving rental market in Philadelphia. Whether you are looking to expand your investment portfolio or seeking a property where you can live and generate income, this duplex offers versatility and financial benefits. Don't miss out on this opportunity to own a piece of one of Philadelphia's most promising neighborhoods. Schedule a viewing today and envision the possibilities! Commercial Office + Garage - 1.5 bath Unit-A - 2 bed / 2 bath Unit-B - 2 bed / 2 bath Unit-C - 2 bed / 2 bath Unit-D - 2 bed / 2 bath

Features of 2609-11 Federal St

MLS® # PAPH2511066
Price $1,850,000
Bathrooms 0.00
Square Footage 6,732
Acres 0.06
Year Built 2020
Type Multi-Family
Sub-Type Other, Interior Row/Townhouse
Style Contemporary
Status Active

Community Information

Address 2609-11 Federal St
Area 19146
Subdivision POINT BREEZE
City PHILADELPHIA
County PHILADELPHIA-PA
State PA
Municipality PHILADELPHIA
Zip Code 19146

Amenities

# of Garages 8
Garages Oversized
Is Waterfront No

Interior

Appliances Stainless Steel Appliances, Dishwasher, Washer-front loading, Dryer - Gas, Oven/Range-Gas, Refrigerator, Freezer
Heating Forced Air
Cooling Central A/C
Fireplace No
Has Basement Yes
Basement Partially Finished

Exterior

Exterior Brick and Siding, Block
Exterior Features Roof Deck
Roof Fiberglass
Foundation Concrete Perimeter, Slab

School Information

District PHILADELPHIA CITY

Additional Information

Zoning CMX2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCompass RE
Contact Info(267) 435-8015

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?