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Luxury Fishtown Portfolio Investment

2603 E BOSTON STREET, Philadelphia, PA 19125

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For Sale

$3,715,200

Investment opportunity: multiple luxury units in Philadelphia's Fishtown neighborhood.

Type:Commercial/Industrial

HighLights

Investment package features eight luxury units in Philadelphia's Fishtown.
Portfolio generates significant rental income: $2,999/month (Unit 1) and $3,999/month (Unit 2).
Enjoy the convenience of seven dedicated parking spots in a gated drive aisle.
Each property benefits from a full 10‑year tax abatement.
Located in the Hackett School Catchment and close to I‑95.
New construction (2023) boasts open‑concept designs and abundant natural light.

We can help!

Listing Contact

Jim Onesti

Learn more

For Sale

$3,715,200

Investment opportunity: multiple luxury units in Philadelphia's Fishtown neighborhood.

Type:Commercial/Industrial

Added:: Aug 7, 2024
Days on Market:: 679
Last Refresh:: May 19 at 10:32 pm

Property Features for 2603 E BOSTON STREET

General Information

Standard status: Active
Property subtype: Commercial/Industrial

Building Details

Year Built: 2023

We can help!

Listing Contact

Jim Onesti

Listing agent Jim Onesti License #RS224457L

Listing office KW Empower

Listing date Aug 7, 2024

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of KW Empower

HighLights

Investment package features eight luxury units in Philadelphia's Fishtown.
Portfolio generates significant rental income: $2,999/month (Unit 1) and $3,999/month (Unit 2).
Enjoy the convenience of seven dedicated parking spots in a gated drive aisle.
Each property benefits from a full 10‑year tax abatement.
Located in the Hackett School Catchment and close to I‑95.
New construction (2023) boasts open‑concept designs and abundant natural light.

Overview

An investment opportunity to own multiple luxury units in the Hagert Estates portfolio. The residences are designed to offer an elevated living experience. The investment package includes eight units: 2603 E Boston Street, Unit 1; 2607 E Boston Street, Unit 1 and Unit 2; 2609 E Boston Street, Unit 2; 2613 E Boston Street, Unit 1 and Unit 2; 2615 E Boston Street, Unit 2; and 2619 E Boston Street, Unit 1. Unit 1 rents for $2,999 per month, and Unit 2 rents for $3,999 per month. Seven dedicated parking spots in the gated drive aisle are included. These homes feature open-concept designs that embrace natural light and provide ample space for entertaining. Located in the Fishtown neighborhood of Philadelphia, Hagert Estates enjoys a prime location. The area is walkable and known for family-friendly activities, dining, and artistic endeavors. Each property includes a full 10-year tax abatement. The community is situated within the Hackett School Catchment and close to I-95 on-ramps. The site is surrounded by the amenities that make Fishtown the premier neighborhood in Philadelphia, with Frankford Avenue and new construction developments and restaurants within walking distance. The association fee is $1,175 per month, including 7 parking spaces for all properties. Each unit has either 3 beds and 3.5 baths or 3 beds and 2.5 baths.

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City: Philadelphia
County: Delaware
State: Pennsylvania
Longitude: -75.1211
Latitude: 39.9773

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For sale
Multifamily properties
PA
Philadelphia
19125
2603 E BOSTON STREET

What type of property is this?

Multifamily property - Investment opportunity: multiple luxury units in Philadelphia's Fishtown neighborhood.

Where is this multifamily property located?

The property is located at 2603 E BOSTON STREET Philadelphia, PA.

What is the asking price?

The asking price for this property is $3,715,200.

What are key features of this property?

This property features: Investment package features eight luxury units in Philadelphia's Fishtown.; Portfolio generates significant rental income: **$2,999/month (Unit 1) and $3,999/month (Unit 2)**.; Enjoy the convenience of seven dedicated parking spots in a gated drive aisle.