$9,200,000
( $278.79Per Sq Foot )
 $49,388 est/mo Sourced by Back At You

1951 Point Breeze Ave,PHILADELPHIA, PA 19145

PHILADELPHIA, PA 19145

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Description

INTRODUCING 1951 POINT BREEZE AVE - A PREMIER CLASS A, 30-UNIT LUXURY APARTMENT ASSET IN ONE OF PHILADELPHIA'S BEST NEIGHBORHOODS.CONSTRUCTED JUST 2 YEARS AGO, THIS MODERN, HIGH-QUALITY BUILDING OFFERS INVESTORS A FULLY STABILIZED, TURN-KEY MULTIFAMILY INVESTMENT WITH 100% OCCUPANCY AND CONSISTENT, STRONG RENTAL DEMAND.AT FULL STABILIZATION, THE PROPERTY GENERATES APPROXIMATELY $60,000 IN MONTHLY INCOME, FURTHER ENHANCED BY AN APPROVED TAX ABATEMENT, RESULTING IN EXCEPTIONAL LONG-TERM CASH FLOW AND REDUCED OPERATING EXPENSES. DESIGNED FOR EFFICIENCY AND DURABILITY, THE ASSET FEATURES CONTEMPORARY FINISHES, ENERGY-EFFICIENT SYSTEMS, AND MINIMAL NEAR-TERM CAPITAL EXPENDITURE REQUIREMENTS.WITH ITS INSTITUTIONAL-GRADE CONSTRUCTION, LOW-MAINTENANCE PROFILE, AND CORE-PLUS MARKET POSITIONING, THIS PROPERTY REPRESENTS THE TYPE OF HIGH-PERFORMING, INCOME-PRODUCING ASSET SOUGHT BY DISCERNING INVESTORS SEEKING STABILITY, GROWTH, AND LONG-TERM APPRECIATION.

Details

MLS #PAPH2569688
Listing TypeFor Sale
Sub-TypeNew Construction
StatusActive-bright
Year2023
Days On Site282
Listing Provided ByHomeSmart Realty Advisors | Gazi Ataseven

Features

ZoningCMX2
Acreage0.24

Interior

CoolingCentral A/C
Heating Yes / NoYes
Heating90% Forced Air

Exterior

Construction MaterialsBrick, Aluminum Siding

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount7809

Area Information

StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19145
Area19145 (19145)
Community NamePOINT BREEZE
School DistrictPHILADELPHIA CITY
Listing VS Median (in POINT BREEZE)
Price:
$9,200,000
low | high
Med:
$290,000
100% of Average
On site:
282
low | high
Med:
295
95.593220338983% of Average
Sourced by Back At You

Market Activity 19145

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Additional Information

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Contact

Learn More About This Property

Melanie Rush

Melanie Rush

Class Harlan Real Estate

RS366007ABR, RENE, SRS (267) 987-3235melanie@classharlan.com
StatePA
CountyPHILADELPHIA PA
CityPHILADELPHIA
Zip Code19145
Area19145 (19145)
Community NamePOINT BREEZE
School DistrictPHILADELPHIA CITY
Listing VS Median (in POINT BREEZE)
Price:
$9,200,000
low | high
Med:
$290,000
100% of Average
On site:
282
low | high
Med:
295
95.593220338983% of Average
Sourced by Back At You
Listing Updated: October 3, 2026 at 10:36:28 AM PDT