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Leased Apartment Building
For Sale
Contact for pricing
Pending

705 S 12th St, Philadelphia, PA 19147

Garden Square offers fully leased 2–3 bedroom apartments across four buildings within a 16-unit package.

Property SizeContact for details
Days on Market149

Property Features for 705 S 12th St

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 16
Listing Agency: Keller Williams Philly
Listed By: Danny Phagoo · License #PA RS321466
Source: Crexi
Added: Apr 11 Changed: Aug 13 Last Checked: Sep 5 at 10:26PM

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 Keller Williams Philly

Investment Insights

Based on property information with market context.

Garden Square is a leased multifamily offering consisting of 16 fully leased residential units remaining in a larger 48-unit development. The package is structured as four separate buildings, with each building containing four dwellings. Unit types are 2–3 bedroom apartments.

The property is described as being fully abated, with 8 of 10 years remaining on the tax abatement.

As presented, the four buildings collectively total 16 units and are available as a single package or individually as four-building assets.

Key Highlights

  • 16 fully leased units in Garden Square across four buildings in Philadelphia’s Bella Vista neighborhood
  • All units are 2–3 bedroom residential apartments, with four dwellings per building
  • Property is fully abated, with 8 of 10 years remaining on the tax abatement

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Tanning Salon Electrical Service Clothing & Fashion Store Pet Grooming Service Nursing Home (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

11,176
Businesses Nearby

Demographics for 19147, PA

41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Garden Square offers fully leased 2–3 bedroom apartments across four buildings within a 16-unit package.
Where is this multifamily property located?
The property is located at 705 S 12th St Philadelphia, PA.
What are key features of this property?
This property features: 16 fully leased units in Garden Square across four buildings in Philadelphia’s Bella Vista neighborhood; All units are 2–3 bedroom residential apartments, with four dwellings per building; Property is fully abated, with 8 of 10 years remaining on the tax abatement
More about this property
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