CHARIS REALTY GROUP

4146 PARKSIDE AVENUE 48

PHILADELPHIA, PA 19104

MLS#: PAPH2659404

$5,350,000

Status: Active
Listing number: PAPH2659404
Listing provided by: Trophy Commercial Real Estate LLC
Listing agent phone: None
Last update: 21 hours ago
New on site 1 day ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

2023

Sq.Footage

17,150

Trophy Commercial Real Estate is proud to present 4146-48 Parkside Avenue, a newly constructed 28-unit multifamily investment located directly overlooking Fairmount Park. Built in 2023, the property offers investors modern construction, immediate cash flow, and approximately seven years remaining on Philadelphia's original 10-year tax abatement, providing significant long-term tax savings. Investment Highlights: -28-Unit Multifamily Asset -In-Place NOI: $322,921 -Built in 2023 -Approximately 7 Years Remaining on the Original 10-Year Tax Abatement -Directly Overlooking Fairmount Park -Prime Parkside Location Near University City & Center City

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Electric, Heat Pump

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.13

  • Lot Size(square feet)

    5,460

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $5,350,000

  • Tax Amount

    $393

  • Sq. Footage

    17,150

  • Price/SqFt

    $311

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Accessibility Features

    Accessible Elevator Installed

  • Sewer

    Public Sewer

  • Tax Lot

    122

  • Water Source

    Public

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Location

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PHILADELPHIA

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Listing Courtesy of Saam Tashayyod , Trophy Commercial Real Estate LLC

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Agent Olivia Dibert

AGENT

Olivia Dibert

Call Olivia today to schedule a private showing.

(814) 650-4840

olivia@charisrealty.com


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Trophy Commercial Real Estate is proud to present 4146-48 Parkside Avenue, a newly constructed 28-unit multifamily investment located directly overlooking Fairmount Park. Built in 2023, the property offers investors modern construction, immediate cash flow, and approximately seven years remaining on Philadelphia's original 10-year tax abatement, providing significant long-term tax savings. Investment Highlights: -28-Unit Multifamily Asset -In-Place NOI: $322,921 -Built in 2023 -Approximately 7 Years Remaining on the Original 10-Year Tax Abatement -Directly Overlooking Fairmount Park -Prime Parkside Location Near University City & Center City

4146 PARKSIDE AVENUE 48

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