Acquire a turnkey, stabilized multifamily asset on a 7.0% proforma cap rate in North Philadelphia West, featuring 5 spacious residential units and a full 10-year tax abatement. Acquire this high-quality, low-maintenance, new-construction property just completed in Q3 2024. Benefit from steady cash flow and strong appreciation potential driven by the rapidly-developing North Philadelphia West (19121) submarket. As new construction activity in Philadelphia declines, demand is expected to outpace supply, driving further rental growth in 2025-2026, presenting a unique opportunity for investors to acquire a high-quality, income-producing asset with significant long-term upside.
Listed by Samantha Lee Miller
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License #RS352351
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Select Commercial Advisors
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2153153326
Last updated October 08, 2025
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Source: BrightMLS #PAPH2485900
Listing Facts
TypeMulti-family
NeighborhoodStrawberry Mansion
Days on Prevu154
Taxes$824/year
Size4,800 sqft
Price per sqft$248
Location
Mortgage Calculator
Listing History
09/30/2025
Price Decreased
$1,190,000
06/16/2025
Price Decreased
$1,195,000
05/22/2025
Listed by Select Commercial Advisors
$1,250,000
Property Details for 2937 Page Street
Exterior
Construction
New Construction: Yes
Number Of Units Total: 4
Property Condition: Excellent
Year Built: 2024
Architectural Style: Contemporary
Construction Materials: Brick, Other, Stick Built
Features
Other Structures: Above Grade
Waterfront: No
Measurements
Lot Size Acres: 0.03
Lot Size Source: Estimated
Lot Size Square Feet: 1,270
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $824.00
Tax Year: 2025
Interior
Measurements
Living Area: 4,800
Living Area Source: Estimated
Other
Location
Tax Lot: 298
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Central A/C
Heating: Forced Air
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
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