416-18 N WIOTA ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19104
Key Details
Property Type Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 4,080 sqft
Price per Sqft $196
Subdivision West Powelton
MLS Listing ID PAPH2461002
Style Straight Thru
Year Built 2015
Annual Tax Amount $5,853
Tax Year 2024
Lot Size 2,924 Sqft
Property Sub-Type End of Row/Townhouse
Property Description
Amazing investment opportunity. This modern, fully occupied 3-unit building also offers a built-in garage. The 8-bedroom multi-family property was built in 2015 and is situated in the highly sought-after West Powelton neighborhood of Philadelphia. Just a short walk from the University of Pennsylvania and Drexel University, ensuring consistent demand from students and professionals. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and includes a tax abatement until 2026. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors. The unit mix includes two (2) two-bedroom, one or two-bathroom units and one (1) four-bedroom, four-bathroom unit. The units offer hardwood floors, stainless-steel appliances, in-unit washer and dryers, and much more. Don't miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Taxes, remaining abatement term and square footage are the responsibility of the buyer to have verified. Eight property portfolio, can be purchased individually or as a full / partial portfolio (4008, 4010, 4032 & 4011 Baring Street, 416-18 N. Wiota Street, 508 Budd Street, 1537 Swain Street and 1802 N. 5th Street).
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RSA5
Interior
Hot Water Electric
Heating Forced Air,Heat Pump(s)
Cooling Central A/C
Exterior
Water Access N
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Special Listing Condition Standard