4008 BARING ST, Philadelphia, PA 19104
4008 BARING ST, Philadelphia, PA 19104
4008 BARING ST, Philadelphia, PA 19104
4008 BARING ST, Philadelphia, PA 19104
4008 BARING ST, Philadelphia, PA 19104
4008 BARING ST, Philadelphia, PA 19104
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3,141 SqFt


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$ 699,000
Est. payment | /mo
Save

3,141 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,141 sqft

Price per Sqft $222

Lot Size 1,500 Sqft

MLS Listing ID PAPH2460910

Style Other

Subdivision West Powelton

Total Units 3

Short Sale No

Originating MLS BRIGHT

Property Description

Amazing investment opportunity. This modern, fully occupied 3-unit, 7-bedroom multi-family property was built in 2012 and is situated in the highly sought-after West Powelton neighborhood of Philadelphia. Just a short walk from the University of Pennsylvania and Drexel University, ensuring consistent demand from students and professionals. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors. The unit mix includes two (2) two-bedroom, one-bathroom units and one (1) three-bedroom, two-bathroom unit. The units offer hardwood floors, stainless-steel appliances, in-unit washer and dryers, and much more. Don't miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Eight property portfolio, can be purchased individually or as a full / partial portfolio (4008, 4010, 4032 & 4011 Baring Street, 416-18 N. Wiota Street, 508 Budd Street, 1537 Swain Street and 1802 N. 5th Street). Seller is in the process of appealing taxes.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RSA5

Rooms

Basement Fully Finished

Interior

Hot Water Electric

Heating Forced Air, Heat Pump(s)

Cooling Central A/C

Heat Source Electric

1-purchase type For Sale

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type None

Building

New Construction N

Foundation Concrete Perimeter

Lot Dimensions 20.00 x 75.00

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

Schools

School District The School District Of Philadelphia

Others

Tax Amount $12,259

Tax Year 2024

Tax ID 061023300

Ownership Fee Simple

SqFt Source 3141

Special Sale Standard

Bright MLS (BMLS)
Listed by Steven Onesti • KW Empower

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4008 BARING ST