4146-48 PARKSIDE AVE, Philadelphia, PA 19104
4146-48 PARKSIDE AVE, Philadelphia, PA 19104
4146-48 PARKSIDE AVE, Philadelphia, PA 19104
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Fran Valerio

Fran Valerio

+1(717) 602-0551
Listed by Mr. Saam Tashayyod • Trophy Commercial Real Estate LLC
$5,350,000
Est. payment /mo
5,460 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2659404

Year Built 2023

Annual Tax Amount $393

Tax Year 2019

Lot Size 5,460 Sqft

Acres 0.13

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Trophy Commercial Real Estate is proud to present 4146-48 Parkside Avenue, a newly constructed 28-unit multifamily investment located directly overlooking Fairmount Park.

Built in 2023, the property offers investors modern construction, immediate cash flow, and approximately seven years remaining on Philadelphia's original 10-year tax abatement, providing significant long-term tax savings.

Investment Highlights:

-28-Unit Multifamily Asset
-In-Place NOI: $322,921
-Built in 2023
-Approximately 7 Years Remaining on the Original 10-Year Tax Abatement
-Directly Overlooking Fairmount Park
-Prime Parkside Location Near University City & Center City

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RM1

Interior

Hot Water Electric

Heating Heat Pump(s)

Cooling Central A/C

Heat Source Electric

Exterior

Water Access N

Accessibility Elevator

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 062222605

Ownership Fee Simple

Special Listing Condition Standard

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Bright MLS (BMLS)

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Fran Valerio
Fran Valerio

Listing Specialist, Team Leader | RS RS311467

+1(717) 602-0551 | fvalerio@soldincentralpa.com

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