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2609-11 Federal StreetPhiladelphia, PA 19146

For Sale

$1,750,000

Smart Buyer Rebate $17,500

**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

Listed by Matthew Ostroff

·

Compass Pennsylvania, LLC

·

2159012141

Last updated October 11, 2025

·

Source: BrightMLS #PAPH2511066

Listing Facts

  • TypeMulti-family
  • NeighborhoodGrays Ferry
  • Days on Prevu105
  • Taxes$13,582/year
  • Size6,732 sqft
  • Price per sqft$260

Amenities

  • Dishwasher
  • Parking

Location

Mortgage Calculator

Listing History

10/11/2025
Price Decreased
$1,750,000
07/11/2025
Listed by Compass Pennsylvania, LLC
$1,850,000

Property Details for 2609-11 Federal Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 4
  • Property Condition: Excellent
  • Roof: Fiberglass
  • Year Built: 2020
  • Architectural Style: Contemporary
  • Construction Materials: Brick, Block, Masonry
  • Exterior Features: Roof Deck

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.06
  • Lot Size Dimensions: 32
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2,432
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $13,582.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Stainless Steel Appliances, Dishwasher, Washer - Front Loading, Dryer - Gas, Oven/Range - Gas, Refrigerator, Freezer
  • Fireplace: No
  • Spa: No

Measurements

  • Living Area: 6,732
  • Living Area Source: Assessor

Rooms

  • Basement: Partially Finished
  • Has Basement: Yes

Other

Location

  • Subdivision Name: POINT BREEZE
  • Tax Lot: 42

Parking

Parking

  • Garage Spaces: 8
  • 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.