Property
Philadelphia, PA 19121 2937 Page Street
$1,250,000
16 more
Presented By: Select Commercial Advisors
SQFT • 4,800
Home Details
Select Commercial Advisors is pleased to present the opportunity to acquire a turnkey, stabilized multifamily asset on a 7.0% proforma cap rate in North Philadelphia West, featuring 5 spacious residential units and a full 10-year tax abatement. Acquire this high-quality, low-maintenance, new-construction property just completed in Q3 2024. Benefit from steady cash flow and strong appreciation potential driven by the rapidly-developing North Philadelphia West (19121) submarket. As new construction activity in Philadelphia declines, demand is expected to outpace supply, driving further rental growth in 2025-2026, presenting a unique opportunity for investors to acquire a high-quality, income-producing asset with significant long-term upside.
Presented By: Select Commercial Advisors
Interior Features for 2937 Page Street
Other Interior Features
Central Air Y/NYes
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 2937 Page Street
AccessibilityNone
Business TypeApartment Building
Cap Rate7.00
CityPHILADELPHIA
Construction Completed Y/NYes
Construction MaterialsBrick, Other, Stick Built
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsGoogle Maps
HeatingForced Air
Lot Size Square Feet1270.00
Lot Size UnitsSquare Feet
MLS Area19121 (19121)
ModificationTimestamp2025-05-07T13:02:19
MunicipalityPHILADELPHIA
New ConstructionYes
Number Of Units Total5
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG260.42
Property ConditionExcellent
Property SubtypeFive Or More Units
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameSTRAWBERRY MANSION
Tax Annual Amount824.0
Tax Assessed Value58900.0
Tax Lot298
Tax Year2025
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built2024
Year Built SourceEstimated
ZoningRM1
Exterior for 2937 Page Street
Building Area Total4800.00
Car Parking Spaces
Land Use CodeSR
Lot Size Acres0.03
Lot Size SourceEstimated
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
YOLANDA CASSIDY-BOGAN
Associate