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$950,000
35 Days On Site

1302 N 22nd St
Philadelphia, PA 19121

For Sale|Quadruplex|Active
7
Beds
0
Full Baths
0
Partial Baths
3,392
SqFt
$280
/SqFt
2022
Built
County:
PHILADELPHIA
Listing courtesy of Compass Pennsylvania, LLC
Call Now: 267-435-8015
Is this the home for you? We can help make it yours.
267-435-8015
1302 N 22nd St1302 N 22nd St1302 N 22nd St1302 N 22nd St
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Introducing a premier investment opportunity nestled in the heart of the vibrant Brewerytown section of Philadelphia: the newly constructed Quadraplex at 1302 N 22nd Street. This meticulously designed property, completed in 2021/2022, embodies modern living and strategic investment, making it an enticing addition to any discerning investor's portfolio. This Quadraplex is fully occupied, providing immediate and consistent cash flow. The property boasts a thoughtfully crafted unit mix, with one spacious one-bedroom unit and three generously sized two-bedroom units. This configuration not only maximizes rental income but also appeals to a diverse tenant base, ensuring long-term occupancy and stability. One of the standout features of this investment is the full tax abatement in place until the end of 2032. This abatement significantly reduces operating expenses, thereby enhancing net cash flow and maximizing your return on investment. Additionally, the property's location within a Qualified Opportunity Zone offers the potential for substantial tax incentives, presenting an excellent opportunity for long-term investors looking to capitalize on these benefits. Brewerytown itself is a neighborhood on the rise, known for its rich industrial history and burgeoning cultural scene. The area is experiencing a renaissance, with an eclectic mix of trendy shops and vibrant eateries all contributing to its unique charm. Its proximity to Center City Philadelphia further enhances its appeal, offering residents easy access to the city's bustling financial districts, cultural landmarks, and entertainment venues. For investors seeking a property that combines modern amenities with strategic financial benefits, 1302 N 22nd Street is a compelling choice. This Quadraplex not only promises immediate income but also offers the potential for significant appreciation and tax advantages over time. Don’t miss out on this rare opportunity to secure a stronghold in one of Philadelphia’s most promising neighborhoods. Contact us today to learn more about this exceptional property and arrange a viewing. Your next smart investment awaits! **Offering Memorandum available upon request.

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Listing Snapshot
Price 
$950,000
Days On Site 
35 Days
Bedrooms 
7
Inside Area (SqFt) 
3,392 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.02 Acres
Year Built 
2022
MLS® Number 
PAPH2410314
Status 
Active
Property Tax 
$1,775
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.02
Parking 
On Street
Property Condition 
New Construction
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
SqFt Total 
3392
Style 
Straight Thru
Water Source 
Public
Interior Features
Appliances 
Electric Water Heater
Cooling 
Central Air
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
Brick
Community Features
Accessibility Features 
Accessible Entrance
MLS Area 
19121 (19121)
School District 
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Compass Pennsylvania, LLC



The real estate listing information is provided by Bright MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

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