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Listed by Samantha Miller • Mallin Panchelli Nadel Realty Inc
$ 1,350,000
Est. payment /mo
New
5007 PENTRIDGE ST Philadelphia, PA 19143
2,435 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2682340
Year Built 2022
Annual Tax Amount $1,649
Tax Year 2027
Lot Size 2,435 Sqft
Acres 0.06
Lot Dimensions 20.12' x 120'
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
Presenting the exclusive sale of 5007 Pentridge Street, a fully stabilized, multifamily investment property built in 2022 with a 10-Year Tax Abatement in Cedar Park - a desirable, rapidly-developing, walkable neighborhood within West Philadelphia, adjacent to University City.
This turnkey asset consists of eight fully leased units, including four 1-bed, 1 bath units and four 2-bed, 2 bath units. Each unit has its own washer and dryer. Located within one of West Philadelphia's most desirable neighborhoods, 5007 Pentridge Street is surrounded by an eclectic mix of restaurants, cafés, neighborhood retail, and dense residential housing, with convenient access to University City, Center City Philadelphia, the Baltimore Avenue trolley line and other transit routes, and major employment centers.
Offering stable in-place income, minimal near-term capital needs, and a desirable location, 5007 Pentridge Street is an exceptional opportunity for investors seeking a well-maintained, turnkey asset in one of Philadelphia's strongest urban investment markets.
INVESTMENT HIGHLIGHTS
• Fully stabilized 8-unit multifamily investment built in 2022
• ±7 years remaining on full 10-year tax abatement
• Desirable Cedar Park neighborhood, adjacent to University City, Baltimore Ave trolley line, shopping, and neighborhood amenities
• Turnkey asset requiring minimal near-term capital investment
This turnkey asset consists of eight fully leased units, including four 1-bed, 1 bath units and four 2-bed, 2 bath units. Each unit has its own washer and dryer. Located within one of West Philadelphia's most desirable neighborhoods, 5007 Pentridge Street is surrounded by an eclectic mix of restaurants, cafés, neighborhood retail, and dense residential housing, with convenient access to University City, Center City Philadelphia, the Baltimore Avenue trolley line and other transit routes, and major employment centers.
Offering stable in-place income, minimal near-term capital needs, and a desirable location, 5007 Pentridge Street is an exceptional opportunity for investors seeking a well-maintained, turnkey asset in one of Philadelphia's strongest urban investment markets.
INVESTMENT HIGHLIGHTS
• Fully stabilized 8-unit multifamily investment built in 2022
• ±7 years remaining on full 10-year tax abatement
• Desirable Cedar Park neighborhood, adjacent to University City, Baltimore Ave trolley line, shopping, and neighborhood amenities
• Turnkey asset requiring minimal near-term capital investment
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning RM1
Interior
Hot Water Other
Heating Other
Cooling Ductless/Mini-Split
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Other
Water Other
New Construction Y
Schools
School District Philadelphia City
Others
Tax ID 881001259
Ownership Fee Simple
Special Listing Condition Standard
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