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2613 Federal St

Philadelphia PA 19146

6
1
2700 sq. ft.
1140 sq. ft.
Duplex
Currently for sale - view listing

Overview

**Investor's Dream and Owner-Occupied Opportunity in Rapidly Developing Point Breeze!** Welcome to this exceptional fully rented triplex situated in the vibrant and rapidly evolving neighborhood of Point Breeze, Philadelphia. Constructed in 2023, this modern gem combines luxury with practicality, offering a fantastic opportunity for both investors and owner-occupied buyers. **Key Features:** - **New Construction**: Completed in 2023, this triplex boasts contemporary design and high-quality finishes throughout, ensuring low maintenance for years to come. - **Ten-Year Tax Abatement**: Enjoy significant savings with a full tax abatement in place until 2034, enhancing your investment returns. - **Fully Rented**: All units are currently rented, providing immediate cash flow. The stable rental income makes this an attractive investment opportunity. - **Investment Potential**: With ongoing development in the area, property values are expected to rise, making this an excellent long-term investment. **Group Purchase Opportunity:** This property can be purchased individually or as part of a group purchase with three other fully-rented new construction buildings located at 1105 S. 27th St, 1107 S. 27th St, and 2609-11 Federal St. This presents a rare opportunity to quickly expand your rental portfolio with instant rental income. Secure these strategically located properties and benefit from the thriving rental market in Philadelphia. Whether you are looking to expand your investment portfolio or seeking a property where you can live and generate income, this triplex offers versatility and financial benefits. Don't miss out on this opportunity to own a piece of one of Philadelphia's most promising neighborhoods. Schedule a viewing today and envision the possibilities! Unit-A - 1 bed / 1 bath w/ parking (driveway) Unit-B - 2 bed / 2 bath Unit-C - 3 bed / 3 bath w/ roof deck

Features

6 bedrooms
1 carspace
2700 sq. ft. floor area
1140 sq. ft. lot size
Duplex

Property history for 2613 Federal St

2019
Sold
$74,000
09 May 2019

Happy sellers in Philadelphia

100%
100% of sellers in Philadelphia reported that their sale price either exceeded or met their price expectations.

Philadelphia stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Philadelphia over the last 12 months.

Local market activity for 6 bedroom duplexes in Philadelphia

In the last 12 months, 6 six-bedroom duplexes similar to 2613 Federal St, have been sold.

This represents a 100% decrease in six-bedroom duplexes sales when compared to the previous 12 months.

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