1625-27 Point Breeze Avenue, Philadelphia, PA 19145-1326 $1,200,000

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# of Units: 1
Interior Sq. Ft: 4,506
Acreage: 0.05
Age:7 years
Taxes: $13,998
MLS#: PAPH2419398
Subdivision: Point Breeze
Design/Type:
Twin/Semi-Detached

Description

This prime investment opportunity in Point Breeze features a stunning, newer construction boutique 5-unit building, completed in 2018, with a proven rental history. Offering modern amenities and high-end finishes, this property provides an exceptional opportunity for investors seeking a well-located, income-generating asset in a rapidly developing neighborhood. The building consists of spacious, thoughtfully designed units, each featuring premium finishes. Units 1L and 1R, located on the first floor, are both 1-bedroom, 1-bathroom apartments with access to a large, fenced backyard and 500+ square feet of private basement space for additional storage or use. Unit 2R is a generously sized 2-bedroom, 1-bathroom apartment, while Unit 2L offers a 1-bedroom, 1.5-bathroom layout with ample living space. The standout unit, Unit 3, occupies the entire 3rd floor and boasts 3 bedrooms, 2 bathrooms, two private balconies, and a dedicated home office area. Each unit features high ceilings, luxury vinyl plank flooring, spacious eat-in kitchens with modern countertops, Whirlpool stainless steel appliances, and in-unit laundry. The property is ideally located for easy commuting, with quick access to the Broad Street subway line and multiple bus routes. Tenants are responsible for all utilities, including a flat water fee. Annual property expenses include insurance ($3,887), fire alarm service ($1,764), common electric ($550), and water/fire service ($335). A tax appeal is currently in progress, with the goal of reinstating the tax abatement by year-end. Conveniently situated near popular local spots such as Target, Sprouts, Starbucks, Two Eagles Cafe, The Fresh Works, On Point Bistro, and American Sardine Bar, this property also offers easy access to major highways including I-95 and I-76. With spacious units, outdoor space, and the added bonus of private basement storage, this property represents a must-see opportunity for any investor. Schedule a showing today to explore this exceptional investment!

Taxes: $13,998
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: The School District Of Philadelphia

Features

Utilities
Forced Air Heating, Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer, 200+ Amp Service, Electric Available

Garage/Parking
On Street

Interior
Full Basement, Wood Flooring

Exterior
Concrete Perimeter Foundation, Masonry

Contact Information

Listing Courtesy of: KW Empower , vicki@kwempower.com

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Listing data as of 1/23/2025.