Trophy Commercial Real Estate is proud to present 4146-48 Parkside Avenue, a newly constructed 28-unit multifamily investment located directly overlooking Fairmount Park. Built in 2023, the property offers investors modern construction, immediate cash flow, and approximately seven years remaining on Philadelphia's original 10-year tax abatement, providing significant long-term tax savings. Investment Highlights: -28-Unit Multifamily Asset-In-Place NOI: $322,921-Built in 2023-Approximately 7 Years Remaining on the Original 10-Year Tax Abatement-Directly Overlooking Fairmount Park-Prime Parkside Location Near University City & Center City
| MLS # | PAPH2659404 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 2023 |
| Days On Site | 59 |
| Listing Provided By | Trophy Commercial Real Estate LLC | Saam Tashayyod |
| Units | 28 |
|---|---|
| Zoning | RM1 |
| Acreage | 0.13 |
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Heat Pump(s) |
| Construction Materials | Brick |
|---|
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 393 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19104 |
| Area | 19104 (19104) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in 19104) | |
Price: $4,950,000 low | high Med: $4,200 On site: 59 low | high Med: 158 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19104 |
| Area | 19104 (19104) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in 19104) | |
Price: $4,950,000 low | high Med: $4,200 On site: 59 low | high Med: 158 | |