4215 MANAYUNK AVE Coming Soon Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19128
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 5,575 sqft
Price per Sqft $277
MLS Listing ID PAPH2483614
Year Built 2017
Available Date 2025-05-20
Annual Tax Amount $2,435
Tax Year 2024
Lot Size 2,874 Sqft
Property Sub-Type Five Or More Units
Property Description
4215 Manayunk Avenue is a six-unit, income-producing mixed-use asset in the highly-desirable Manayunk-Roxborough submarket, featuring 5 spacious residential units and 1 commercial space. Acquire a high-quality, low-maintenance property at an in-place 7.0% cap rate, completed in 2018 with a blend of historic renovation plus a new construction addition. Approximately three years remain on the full 10-year tax abatement, offering substantial property tax savings. A unit mix of three x two beds and two x three-beds with quality, modern finishes, private outdoor space, and a roof deck guarantees high tenant appeal. The property currently has an assumable Freddie Mac loan in place at a 4.97% interest rate through May 2026. Benefit from steady cash flow and strong appreciation potential driven by the rapidly-developing Manayunk-Roxborough. As new construction activity in Philadelphia declines, demand is expected to outpace supply, driving further rental growth in the coming years and presenting a unique opportunity for investors to acquire a turnkey, income-producing asset with long-term upside.
Location
State PA
County Philadelphia
Area 19128 (19128)
Zoning CMX1
Interior
Hot Water Electric
Heating Other
Cooling Ductless/Mini-Split
Exterior
Water Access N
View City
Roof Type Fiberglass
Building
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District The School District Of Philadelphia
Others
Special Listing Condition Standard