2609-11 Federal St, Philadelphia, PA 19146

$1,562,500
6,732
SqFt

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Sold Price
$1,562,500
List Price
$1,625,000
Closing Date
May 29, 2026
Status
CLOSED
MLS#
PAPH2511066
Living Area
6,732
Lot Size (Acres)
0.06
Style
Contemporary
Year Built
2020
County
Philadelphia
School District
Philadelphia City

Property Description

**Investor's Dream and Owner-Occupied Opportunity in Rapidly Developing Point Breeze!** Welcome to this exceptional fully rented multi-use quadplex over commercial situated in the vibrant and rapidly evolving neighborhood of Point Breeze, Philadelphia. Constructed in 2020, this modern gem combines luxury with practicality, offering a fantastic opportunity for both investors and owner-occupied buyers. **Key Features:** - **New Construction**: Completed in 2020, this mixed-use building boasts contemporary design and high-quality finishes throughout, ensuring low maintenance for years to come. - **Ten-Year Tax Abatement**: Enjoy significant savings with a full tax abatement, enhancing your investment returns. - **Fully Rented**: You have the option to move into the commercial space and/or Unit-B. If you prefer, it can be delivered rented along with the other three apartments. The stable rental income makes this an attractive investment opportunity. - **Investment Potential**: With ongoing development in the area, property values are expected to rise, making this an excellent long-term investment. **Group Purchase Opportunity:** This property can be purchased individually or as part of a group purchase with three other fully-rented new construction buildings located at 1105 S. 27th St, 1107 S. 27th St, and 2613 Federal St. This presents a rare opportunity to quickly expand your rental portfolio with instant rental income. Secure these strategically located properties and benefit from the thriving rental market in Philadelphia. Whether you are looking to expand your investment portfolio or seeking a property where you can live and generate income, this duplex offers versatility and financial benefits. Don't miss out on this opportunity to own a piece of one of Philadelphia's most promising neighborhoods. Schedule a viewing today and envision the possibilities! Commercial Office + Garage - 1.5 bath Unit-A - 2 bed / 2 bath Unit-B - 2 bed / 2 bath Unit-C - 2 bed / 2 bath Unit-D - 2 bed / 2 bath

Additional Information

Area
19146 (19146)
Subdivision
Point Breeze
School District
Philadelphia City
Garage Spaces
8
Exterior Features
Roof Deck
Heating
Forced Air
Cooling
Central Air
Roof
Fiberglass
Water
Public
Sewer
Public Sewer
Basement
Partial

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Calculator source: Real Geeks

Listing courtesy of Compass Pennsylvania, LLC. Contact:

Selling Office: Compass Pennsylvania, LLC.