2609-11 Federal St, Philadelphia, PA 19146
Local realty services provided by:ERA Byrne Realty
2609-11 Federal St,Philadelphia, PA 19146
$1,850,000
- 8 Beds
- - Baths
- 6,732 sq. ft.
- Multi-family
- Active
Listed by:matthew ostroff
Office:compass pennsylvania, llc.
MLS#:PAPH2511066
Source:BRIGHTMLS
Price summary
- Price:$1,850,000
- Price per sq. ft.:$274.81
About this home
**Investor's Dream and Owner-Occupied Opportunity in Rapidly Developing Point Breeze!**
Welcome to this exceptional fully rented multi-use quadplex over commercial situated in the vibrant and rapidly evolving neighborhood of Point Breeze, Philadelphia. Constructed in 2020, this modern gem combines luxury with practicality, offering a fantastic opportunity for both investors and owner-occupied buyers.
**Key Features:**
- **New Construction**: Completed in 2020, this mixed-use building boasts contemporary design and high-quality finishes throughout, ensuring low maintenance for years to come.
- **Ten-Year Tax Abatement**: Enjoy significant savings with a full tax abatement, enhancing your investment returns.
- **Fully Rented**: You have the option to move into the commercial space and/or Unit-B. If you prefer, it can be delivered rented along with the other three apartments. The stable rental income makes this an attractive investment opportunity.
- **Investment Potential**: With ongoing development in the area, property values are expected to rise, making this an excellent long-term investment.
**Group Purchase Opportunity:**
This property can be purchased individually or as part of a group purchase with three other fully-rented new construction buildings located at 1105 S. 27th St, 1107 S. 27th St, and 2613 Federal St. This presents a rare opportunity to quickly expand your rental portfolio with instant rental income. Secure these strategically located properties and benefit from the thriving rental market in Philadelphia.
Whether you are looking to expand your investment portfolio or seeking a property where you can live and generate income, this duplex offers versatility and financial benefits. Don't miss out on this opportunity to own a piece of one of Philadelphia's most promising neighborhoods.
Schedule a viewing today and envision the possibilities!
Commercial Office + Garage - 1.5 bath
Unit-A - 2 bed / 2 bath
Unit-B - 2 bed / 2 bath
Unit-C - 2 bed / 2 bath
Unit-D - 2 bed / 2 bath
Contact an agent
Home facts
- Year built:2020
- Listing ID #:PAPH2511066
- Added:88 day(s) ago
- Updated:September 29, 2025 at 01:35 PM
Rooms and interior
- Bedrooms:8
- Living area:6,732 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Fiberglass
- Year built:2020
- Building area:6,732 sq. ft.
- Lot area:0.06 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,850,000
- Price per sq. ft.:$274.81
- Tax amount:$13,582 (2024)
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