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1309 S 20th St
Philadelphia, PA 19146
1309 S TWENTIETH · Multifamily Property For Sale
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4 Units
INVESTMENT HIGHLIGHTS
- BOUTIQUE NEWLY CONSTRUCTED MULTIFAMILY
- 19146 - HIGH RENTAL DEMAND
- TOP 10 USA MSA
- TURNKEY INVESTMENT PROPERTY
- 10YR TAX ABATEMENT
- HIGH BARRIERS TO ENTRY
EXECUTIVE SUMMARY
1309 South Twentieth Street is a turnkey, newly built 6.52% CAP quadplex for sale in Point Breeze, Philadelphia — a Top-10 USA MSA. This prime multifamily real estate is now available as a cash-flowing rental investment property, located in one of Philly's most "in-demand" submarkets for residential housing. 1309 S 20th is a 4,765 SF boutique apartment building with spacious 2-3bd units (two 2x2, two 3x2) averaging over 1,000 SF per residence — with a panoramic rooftop terrace showcasing sweeping skyline views. Apartment features include: Sun-drenched interiors, oversized windows, washer/dryer in-unit, contemporary kitchens and baths, LVP flooring, high ceilings and modern colorways. Easy access to all amenities, parks, roadways, transit options, shops, cafes, bars and restaurants in Philadelphia. Approx. 5.5 years remaining on full 10 year tax abatement. Minimal OPEX. Enquire within for financials.
PROPERTY FACTS
| Price Per Unit | $488,572 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.02 AC |
| Cap Rate | 6.52% | Building Size | 3,594 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2019 |
| Zoning | RM1 | ||
| Price Per Unit | $488,572 CAD |
| Sale Type | Investment |
| Cap Rate | 6.52% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.02 AC |
| Building Size | 3,594 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2019 |
| Zoning | RM1 |
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