Property

Philadelphia, PA 19146 2609-11 Federal Street

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Presented By: Compass Pennsylvania, LLC
  • MLS# PAPH2511066
  • 07/02/2025
  • Request Tour
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  • Beds • 8
  • Garage • 8

Home Details

**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
Presented By: Compass Pennsylvania, LLC

Interior Features for 2609-11 Federal Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
BasementPartially Finished
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 2609-11 Federal Street

AccessibilityNone
AppliancesStainless Steel Appliances, Dishwasher, Washer - Front Loading, Dryer - Gas, Oven/Range - Gas, Refrigerator, Freezer
Architectural StyleContemporary
CityPHILADELPHIA
Construction MaterialsBrick, Block, Masonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsIf driving North on 26th St, cross over Manton St then turn Left (West) on Federal St. The building will be on your Right
Garage Spaces8.00
Garage Y/NYes
HeatingForced Air
Lot Size Square Feet2432.00
Lot Size UnitsSquare Feet
MLS Area19146 (19146)
ModificationTimestamp2025-07-11T00:06:42
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total4
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG274.81
Property ConditionExcellent
Property SubtypeOther
Property TypeMulti-Family
RoofFiberglass
School DistrictPHILADELPHIA CITY
Security FeaturesSecurity System, Sprinkler System - Indoor, Smoke Detector, Carbon Monoxide Detector(s)
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Subdivision NamePOINT BREEZE
Tax Annual Amount13582.0
Tax Assessed Value970300.0
Tax Lot42
Tax Year2024
Total SQFT6732
Two Bedroom4
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built2020
Year Built SourceAssessor
ZoningCMX2

Exterior for 2609-11 Federal Street

# of Attached Garage Spaces8
Exterior AmenitiesRoof Deck
Foundation DetailsConcrete Perimeter, Slab
Garage FeaturesOversized
Land Assessed Value194060.00
Land Use CodeSR
Lot Dimensions32.00 x 76.00
Lot Size Acres0.06
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
SpaNo
Total Parking Spaces10
Type of ParkingAttached Garage, Driveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Aneesa Pinheiro

Associate
Price $1,850,000
MLS#PAPH2511066
List Date 07/02/2025
Property Type Multi-Family
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