Philadelphia, PA 19147 1235 Federal Street

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Presented By: SDG Management, LLC
  • MLS# PAPH2428886
  • 12/17/2024
  • Request Tour
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  • SQFT • 10,676

Home Details

Introducing The Southern Bella Lofts, renovated in 2016, featuring eight fully occupied units, each offering 2 bedrooms and 1.5 baths in a stabilized asset. Each unit boasts high ceilings, hardwood floors, exposed ductwork, and recessed lighting that create a stylish and inviting atmosphere. The open-concept design includes contemporary kitchens equipped with stainless steel appliances and granite countertops, along with convenient half baths. The upper levels feature modern bathrooms and spacious bedrooms, each with full closets. Plus, each unit includes a washer/dryer for added convenience. This property is being sold with assumable debt at an attractive interest rate of 3.69%, and it benefits from a tax abatement that runs through the end of 2026, enhancing your investment potential. Ideally located, this building is within walking distance of the vibrant Italian Market, South Street, and Passyunk Square districts. Public transportation is easily accessible, with the Broad Street Line just one block away. Enjoy the best of city living with coffee shops, sports and fitness clubs, and local markets right at your doorstep, all while being close to Center City. Dont miss your chance to invest in this beautifully designed building in one of Philadelphias most exciting neighborhoods! Please reach out to listing brokers for offering memorandum.
Presented By: SDG Management, LLC

Interior Features for 1235 Federal Street

Other Interior Features

Central Air Y/NYes
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric

General for 1235 Federal Street

AccessibilityNone
Building NameSOUTHERN BELLA LOFTS
Business TypeOther
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsGPS
HeatingOther
Historic Y/NNo
Lot Size Square Feet5338.00
Lot Size UnitsSquare Feet
MLS Area19147 (19147)
ModificationTimestamp2025-01-24T12:57:48
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total8
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG224.8
Property SubtypeFive Or More Units
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount20235.0
Tax Assessed Value1445600.0
Tax Lot226
Tax Year2025
Total Actual Rent211548.00
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1915
Year Built SourceAssessor
ZoningRSA5

Exterior for 1235 Federal Street

Building Area Total10676.00
Land Assessed Value144560.00
Land Use CodeCA0
Lot Dimensions34.00 x 157.00
Lot Size Acres0.12
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $2,400,000
MLS#PAPH2428886
List Date 12/17/2024
Property Type Commercial
Phone 703.929.4729
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