Welcome to this exceptional new construction property located in the highly sought-after Pennsport neighborhood of South Philadelphia. This meticulously designed 7-unit building presents an incredible turn-key investment opportunity for savvy investors. Fully leased with stable tenants in place, this property offers immediate cash flow and hassle-free ownership.
The building features 6 two-bedroom two bathroom units and one ADA compliant one bedroom unit, all with modern finishes and high-end touches. Open-concept living areas, tons of natural light, sleek kitchens with stainless steel appliances, and generously-sized bedrooms create an ideal living space for residents. Each unit is thoughtfully designed for comfort and style, making them highly desirable in this vibrant and growing neighborhood.
Property Features:
7 fully leased units.
Two dedicated parking spaces, a rare and valuable feature in this area
Brand new construction, offering low maintenance and modern amenities
Units are equipped with stainless steel appliances, in-unit laundry, and central HVAC
Ideal location in Pennsport, a neighborhood known for its convenience and proximity to shopping, dining, and transportation.
Investment Highlights:
Fully leased with reliable rental income
Excellent location in a thriving neighborhood with high demand for rentals.
Strong rental market with minimal vacancy risk
Two parking spaces included, adding extra value for tenants
This is a truly turn-key investment opportunity—no renovations, no tenant search, just immediate returns. Whether you're looking to add to your portfolio or make your first investment, this property offers a hassle-free and profitable option. Don’t miss out on this prime real estate in one of South Philly's most desirable neighborhoods!
Listed by Bridget Silver
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License #RS321918
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KW Empower
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2152905765
Last updated July 30, 2025
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Source: BrightMLS #PAPH2522406
Listing Facts
TypeMulti-family
NeighborhoodPennsport
Days on Prevu40
Taxes$1,679.76/year
Size7,000 sqft
Price per sqft$357
Amenities
Parking
Location
Mortgage Calculator
Listing History
07/30/2025
Listed by KW Empower
$2,500,000
Property Details for 138-40 Tasker St
Exterior
Construction
New Construction: Yes
Number Of Units Total: 4
Property Condition: Excellent
Stories Total: 4
Year Built: 2024
Architectural Style: Contemporary
Construction Materials: Brick, Stick Built
Features
Other Structures: Above Grade
View: City
Waterfront: No
Measurements
Lot Dimensions Source: Estimated
Lot Size Acres: 0.06
Lot Size Dimensions: 2,698
Lot Size Source: Estimated
Lot Size Square Feet: 2,650
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 6.07
Operating Expense Includes: Insurance,Trash
Taxes
Tax Annual Amount: $1,679.76
Tax Year: 2026
Interior
Measurements
Living Area: 7,000
Living Area Source: Estimated
Other
Features
Accessibility Features: 32"+ Wide Doors, 36"+ Wide Halls, Other
Location
Subdivision Name: PENNSPORT
Parking
Parking
Garage Spaces: 2
Garage: Yes
Utilities
Equipment
Cooling: Central A/C
Heating: Forced Air
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
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