Philadelphia, PA 19104,416-18 N WIOTA ST
Philadelphia, PA 19104,416-18 N WIOTA ST
Philadelphia, PA 19104,416-18 N WIOTA ST
Philadelphia, PA 19104,416-18 N WIOTA ST
Philadelphia, PA 19104,416-18 N WIOTA ST
Philadelphia, PA 19104,416-18 N WIOTA ST
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$ 800,000
Est. payment | /mo

4,080 SqFt


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$ 800,000
Est. payment | /mo
Save

4,080 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 4,080 sqft

Price per Sqft $196

Subdivision West Powelton

MLS Listing ID PAPH2461002

Style Straight Thru

Abv Grd Liv Area 4,080

Originating Board BRIGHT

Year Built 2015

Annual Tax Amount $5,853

Tax Year 2024

Lot Size 2,924 Sqft

Acres 0.07

Lot Dimensions 30.00 x 97.00

Property Sub-Type End of Row/Townhouse

Property Description

Amazing investment opportunity. This modern, fully occupied 3-unit building also offers a built-in garage. The 8-bedroom multi-family property was built in 2015 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 and includes a tax abatement until 2026. 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 or two-bathroom units and one (1) four-bedroom, four-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. Taxes, remaining abatement term and square footage are the responsibility of the buyer to have verified. 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).

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RSA5

Interior

Hot Water Electric

Heating Forced Air, Heat Pump(s)

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 061176810

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Steven Onesti • KW Empower
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165 Passaic Ave, Fairfield, NJ, 07004, USA

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416-18 N WIOTA ST