**Investor's Dream and Owner-Occupied Opportunity in Rapidly Developing Point Breeze!**
Welcome to this exceptional fully rented (or optional half rented) duplex situated in the vibrant and rapidly evolving neighborhood of Point Breeze, Philadelphia. Constructed in 2023, this modern gem combines luxury with practicality, offering a fantastic opportunity for both investors and owner-occupied buyers.
**Key Features:**
- **New Construction**: Completed in 2023, this duplex 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 in place until 2032, enhancing your investment returns.
- **Fully Rented**: You have the option to move into Unit #1 or it can be delivered rented. Unit #2 is currently rented, providing immediate cash flow. 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, 2609-11 Federal 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!
Unit #1 - 2 bed / 2.5 bath Unit #2 - 2 bed / 2.5 bath w/ roof deck
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 1107 S 27TH Street.
What are the annual taxes for 1107 S 27TH Street?
Annual taxes for this multi-family home are estimated at $1,891.
How does 1107 S 27TH Street compare to other multi-family homes in Grays Ferry?
This multi-family home is listed 10% above the average price for multi-family homes in Grays Ferry and has been on the market for 58 more days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 2,500 sqft.
1107 S 27TH Street is a -bedroom multi-family home for sale in PHILADELPHIA PA 19146. Listed on Prevu for 163 days at $660,000. This includes a recent price decrease of $5,000. This residence features 2,500 square feet of living space, located in Grays Ferry. The median listing price for multi-family homes in this area is $271,500. The home offers dishwasher. View other multi-family home listings in Philadelphia.
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