Philadelphia, PA 19121 2937 Page Street
$1,190,000
16 more
Presented By: Mallin Panchelli Nadel Realty Inc
Beds • 8
Beds • 8Home Details
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.
Presented By: Mallin Panchelli Nadel Realty Inc
Interior Features for 2937 Page Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
Central Air Y/NYes
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 2937 Page Street
AccessibilityNone
Architectural StyleContemporary
CityPHILADELPHIA
Construction Completed Y/NYes
Construction MaterialsBrick, Other, Stick Built
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsGoogle Maps
Garage Y/NNo
HeatingForced Air
Living Area4800
Lot Size Square Feet1270.00
Lot Size UnitsSquare Feet
MLS Area19121 (19121)
MunicipalityPHILADELPHIA
New ConstructionYes
Number Of Units Total4
Number of Units Leased5
One Bedroom Units Count2
Other StructuresAbove Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 5, Unit 3
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG247.92
Property ConditionExcellent
Property SubtypeOther
Property TypeMulti-Family
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Tax Annual Amount824.0
Tax Assessed Value58900.0
Tax Lot298
Tax Year2025
Total SQFT4800
Two Bedroom3
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built2024
Year Built SourceEstimated
ZoningRM1
Exterior for 2937 Page Street
Foundation DetailsConcrete Perimeter
Land Use CodeSR
Lot Size Acres0.03
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
