Mary Beth Herrera
BEDS0
BATHS
MLS#PAPH2659404
STATUSACTIVE
PROPERTY TYPECommercial -
SCHOOLTHE SCHOOL DISTRICT OF PHILADELPHIA
Property Description
Trophy Commercial Real Estate is proud to present 4146-48 Parkside Avenue, a newly constructed 28-unit multifamily investment located directly overlooking Fairmount Park. Built in 2023, the property offers investors modern construction, immediate cash flow, and approximately seven years remaining on Philadelphia's original 10-year tax abatement, providing significant long-term tax savings. Investment Highlights: -28-Unit Multifamily Asset -In-Place NOI: $322,921 -Built in 2023 -Approximately 7 Years Remaining on the Original 10-Year Tax Abatement -Directly Overlooking Fairmount Park -Prime Parkside Location Near University City & Center City
Property Features
Property Type: Commercial -
Cooling: Central A/C
Fuel Type: Electric
Heating: Heat Pump(s)
Lot Size: 0.13 Acres
Taxes: $393
Year Built: 2023
Feature Descriptions
Accessibility: Elevator
Exterior: Brick
Lot Dimensions: 0.13 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Total Garage/Parking Spaces: 0
Units: 28
Water: Public
Local Schools
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Listed By / Shown By
Listed By
Agency Name: Trophy Commercial Real Estate LLC
Agency Phone: 2156085745
Shown By
Agent Name: Mary Beth Herrera
Agent Phone: Cell: (301) 991-1471
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First American
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
4146 48 Parkside Avenue | MLS# PAPH2659404
This commercial property located at 4146 48 Parkside Avenue, Philadelphia, PA 19104 is currently listed for sale with an asking price of $5,350,000. 48 Parkside Avenue is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.mbhrealty.com today.