Active
1235-37 Federal St
Philadelphia PA, 19147
$2,400,000
$224.80 per sqft
Active
10,676 sqft
Commercial
Built in 1915
Introducing The Southern Bella Lofts, renovated in 2016, featuring eight fully occupied units, each offering 2 bedrooms and 1.5 baths in a stabilized asset. Each unit boasts high ceilings, hardwood floors, exposed ductwork, and recessed lighting that create a stylish and inviting atmosphere. The open-concept design includes contemporary kitchens equipped with stainless steel appliances and granite countertops, along with convenient half baths. The upper levels feature modern bathrooms and spacious bedrooms, each with full closets. Plus, each unit includes a washer/dryer for added convenience.
This property is being sold with assumable debt at an attractive interest rate of 3.69%, and it benefits from a tax abatement that runs through the end of 2026, enhancing your investment potential.
Ideally located, this building is within walking distance of the vibrant Italian Market, South Street, and Passyunk Square districts. Public transportation is easily accessible, with the Broad Street Line just one block away. Enjoy the best of city living with coffee shops, sports and fitness clubs, and local markets right at your doorstep, all while being close to Center City.
Don't miss your chance to invest in this beautifully designed building in one of Philadelphia's most exciting neighborhoods! Please reach out to listing brokers for offering memorandum.
PAPH2428886
MLSⓇ ID
December 17, 2024
Listed
December 19, 2024
Updated
Map
1235-37 Federal St
Philadelphia PA, 19147
Interior Features
Appliances
Electric Water Heater
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.12 Acres
Sewer
Public Sewer
Other Property Details
Area Name
PHILADELPHIA
Taxes
$7,487
Tax Frequency
Annually
Days on Market
3
Garage
No
View
No
County
PHILADELPHIA
Water Source
Public
Pool
No
Listed by SDG Management, LLC
Listing Contact: 2673187080
The IDX display contains information sourced from the Bright MLS, Inc. as of 12/19/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 12/19/2024 at 6:39 PM UTC