For Sale

Listed by Samantha Miller from Select Redevelopment

Source: Bright MLS #PAPH2485900

2937 Page Street, Philadelphia, PA, 19121

$1,190,000

8
4800 sq. ft.
1270 sq. ft.

Other

30+ days on the market

What's around 2937 Page Street

About this property

Acquire a turnkey, stabilized multifamily asset on a 7.0% proforma cap rate in North Philadelphia West, featuring 5 spacious residential units and a full 10-year tax abatement. Acquire this high-quality, low-maintenance, new-construction property just completed in Q3 2024. Benefit from steady cash flow and strong appreciation potential driven by the rapidly-developing North Philadelphia West (19121) submarket. As new construction activity in Philadelphia declines, demand is expected to outpace supply, driving further rental growth in 2025-2026, presenting a unique opportunity for investors to acquire a high-quality, income-producing asset with significant long-term upside.

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