5007 Pentridge St, Philadelphia, PA 19143

$1,350,000

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List Price
$1,350,000
Days on Market
3
Status
ACTIVE
MLS#
PAPH2682340
Lot Size (Acres)
0.06
Year Built
2022
County
Philadelphia
School District
Philadelphia City

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

Additional Information

Area
19143 (19143)
School District
Philadelphia City
Heating
Other
Cooling
Ductless Mini-Split
Water
Other
Sewer
Other

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Listing courtesy of Mallin Panchelli Nadel Realty Inc. Contact: