Property
Philadelphia, PA 19121 2937 Page Street
$1,250,000
16 more
Presented By: Select Commercial Advisors
Beds • 8
Home Details
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
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
Central Air Y/NYes
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 2937 Page Street
AccessibilityNone
Architectural StyleContemporary
CityPHILADELPHIA
Construction Completed Y/NYes
Construction MaterialsBrick, Other, Stick Built
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsGoogle Maps
Garage Y/NNo
HeatingForced Air
Lot Size Square Feet1270.00
Lot Size UnitsSquare Feet
MLS Area19121 (19121)
ModificationTimestamp2025-05-22T13:07:27
MunicipalityPHILADELPHIA
New ConstructionYes
Number Of Units Total4
Number of Units Leased5
One Bedroom Units Count2
Other StructuresAbove Grade
Other UnitsUnit 1, Unit 2, Unit 4, Unit 5, Unit 3
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG260.42
Property ConditionExcellent
Property SubtypeOther
Property TypeMulti-Family
School DistrictTHE SCHOOL DISTRICT OF PHILADELPHIA
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Tax Annual Amount824.0
Tax Assessed Value58900.0
Tax Lot298
Tax Year2025
Total SQFT4800
Two Bedroom3
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built2024
Year Built SourceEstimated
ZoningRM1
Exterior for 2937 Page Street
Foundation DetailsConcrete Perimeter
Gulf-FrontNo
Land Use CodeSR
Lot Size Acres0.03
Lot Size SourceEstimated
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Charles Torres
Owner
Price
$1,250,000
MLS#PAPH2485900
List Date
05/22/2025
Property Type
Multi-Family
Phone
(973) 332-3023