PA > Philadelphia > Manayunk
Philadelphia, PA 19128,4215 MANAYUNK AVE
Philadelphia, PA 19128,4215 MANAYUNK AVE
Philadelphia, PA 19128,4215 MANAYUNK AVE
Philadelphia, PA 19128,4215 MANAYUNK AVE
Philadelphia, PA 19128,4215 MANAYUNK AVE
Philadelphia, PA 19128,4215 MANAYUNK AVE
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Reamie Tabin

Reamie Tabin

+1(757) 828-8035
Listed by Samantha Lee Miller • Select Commercial Advisors
$ 1,549,000
Est. payment | /mo

5,575 SqFt

Save
$ 1,549,000
Est. payment | /mo
Save

5,575 SqFt

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 5,575 sqft

Price per Sqft $277

Subdivision Manayunk

MLS Listing ID PAPH2485174

Style Other

Abv Grd Liv Area 5,575

Year Built 2017

Annual Tax Amount $2,435

Tax Year 2024

Lot Size 2,874 Sqft

Acres 0.07

Lot Dimensions 30.00 x 96.00

Property Sub-Type Other

Source BRIGHT

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

Fireplace N

Heat Source Electric

Exterior

Water Access N

View City

Roof Type Fiberglass

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Tax ID 881079152

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)
agent-avatar

+1(757) 828-8035

reamie.tabin@exprealty.com

780 Lynnhaven Pkwy # 370, Beach, VA, 23452

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