1540 W TIOGA ST new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19140
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,048 sqft
Price per Sqft $205
Subdivision Nicetown-Tioga
MLS Listing ID PAPH2432732
Style Other
Abv Grd Liv Area 2,048
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $945
Tax Year 2024
Lot Size 1,232 Sqft
Acres 0.03
Lot Dimensions 16.00 x 77.00
Property Description
Amazing investment opportunity. This modern, fully occupied 3-unit multi-family property, primarily built new in 2021, is situated in the highly sought-after neighborhood of Philadelphia just steps from Temple University Hospital. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and immediate rent increases, as well as owner user capability utilizing the income from the additional units to offset expenses. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors, and includes approximately seven years remaining on a tax abatement. The unit mix includes one (1) studio unit, one (1) 2-bedroom, 1-bathroom unit and one (1) 3-bedroom, 2-bathroom unit. Don't miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Taxes, remaining abatement term and square footage are the responsibility of the buyer to have verified. Nine property portfolio, can be purchased individually or as a full / partial portfolio (2243 N. Broad St., 2207 N. Broad St., 1730 Ridge Ave., 1230 N Marshall St., 1520 N. 7th St., 1805 N. 6th St., 1917 N. 7th St., 2010 N. 8th St., 1540 W. Tioga St.).
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning RSA5
Rooms
Basement Fully Finished
Interior
Hot Water Electric
Heating Forced Air,Heat Pump(s)
Cooling Central A/C
Fireplace N
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 112084000
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard