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2937 Page St
Philadelphia, PA 19121
2937 Page St, Philadelphia, PA 19121 · Multifamily Property For Sale
·
5 Units
EXECUTIVE SUMMARY
We are pleased to present the opportunity to acquire a turnkey, stabilized multifamily asset on a 7.0% proforma cap rate in North Philadelphia West, featuring 5 spacious residential units and a full 10-year tax abatement. Acquire this high-quality, low-maintenance, new-construction property just completed in Q3 2024. Benefit from steady cash flow and strong appreciation potential driven by the rapidly-developing North Philadelphia West (19121) submarket. As new construction activity in Philadelphia declines, demand is expected to outpace supply, driving further rental growth in 2025-2026, presenting a unique opportunity for investors to acquire a high-quality, income-producing asset with significant long-term upside.
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
PROPERTY TAXES
| Parcel Number | 323094700 | Improvements Assessment | $855,259 CAD |
| Land Assessment | $95,029 CAD | Total Assessment | $950,288 CAD |
PROPERTY TAXES
Parcel Number
323094700
Land Assessment
$95,029 CAD
Improvements Assessment
$855,259 CAD
Total Assessment
$950,288 CAD
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