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138-40 Tasker StPhiladelphia, PA 19148

For Sale

$2,500,000

Smart Buyer Rebate $25,000

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

·

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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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.