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1625 Point Breeze Avenue

Philadelphia, PA 19145

– beds
– baths
4,506 sqft
2,008 sqft lot
$266 per sqft
2018 build

This prime investment opportunity in Point Breeze features a stunning, newer construction boutique 5-unit building, completed in 2018, with a proven rental history. Offering modern amenities and high-end finishes, this property provides an exceptional opportunity for investors seeking a well-located, income-generating asset in a rapidly developing neighborhood. The building consists of spacious, thoughtfully designed units, each featuring premium finishes. Units 1L and 1R, located on the first floor, are both 1-bedroom, 1-bathroom apartments with access to a large, fenced backyard and 500+ square feet of private basement space for additional storage or use. Unit 2R is a generously sized 2-bedroom, 1-bathroom apartment, while Unit 2L offers a 1-bedroom, 1.5-bathroom layout with ample living space. The standout unit, Unit 3, occupies the entire 3rd floor and boasts 3 bedrooms, 2 bathrooms, two private balconies, and a dedicated home office area. Each unit features high ceilings, luxury vinyl plank flooring, spacious eat-in kitchens with modern countertops, Whirlpool stainless steel appliances, and in-unit laundry. The property is ideally located for easy commuting, with quick access to the Broad Street subway line and multiple bus routes. Tenants are responsible for all utilities, including a flat water fee. Annual property expenses include insurance ($3,887), fire alarm service ($1,764), common electric ($550), and water/fire service ($335). A tax appeal is currently in progress, with the goal of reinstating the tax abatement by year-end. Conveniently situated near popular local spots such as Target, Sprouts, Starbucks, Two Eagles Cafe, The Fresh Works, On Point Bistro, and American Sardine Bar, this property also offers easy access to major highways including I-95 and I-76. With spacious units, outdoor space, and the added bonus of private basement storage, this property represents a must-see opportunity for any investor. Schedule a showing today to explore this exceptional investment!

Listing courtesy of BRIGHT / KW Empower

Last checked: Checking… • Last updated Nov 12, 2024 •

MLS# PAPH2419398 —

The Building

Year Built:

2018
Year Built Source:

Assessor
New Construction:

Yes
Construction Completed:

Yes
Construction Materials:

Masonry
Structure Type:

Twin/Semi-Detached
Architectural Style:

Contemporary
Building Units Total:

1
Accessibility Features:

None
Foundation Details:

Concrete Perimeter
Basement:

Yes
Basement Type:

Full
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

4506

Interior

Room Count:

5
Flooring Type:

Wood
Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

4506
Living Area SqFt:

4,506 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Assumption, Cash, Conventional
Possession:

Immediate, 0-30 Days CD

Location

Directions:

Between Tasker and Morris on Point Breeze Ave.
Latitude:

39.93159485
Longitude:

-75.18202209

The Property

Property Type:

Multi-Family
Property Subtype:

Other
Property Condition:

Excellent
Lot Size Units:

Square Feet
Lot Size Acres:

0.05
Lot Size Source:

Assessor
Lot Size Dimensions:

32.00 x 67.00
Lot Dimensions Source:

Assessor
Lot SqFt:

2,008 Sqft
Zoning:

RM1
Other Structures:

Above Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

CA0
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

881450742
Tax Year:

2024
Tax Annual Amount:

$13,998
Tax Assessed Value:

$1,000,000
Year Assessed:

2024
School Tax:

7839.0
City/Town Tax:

6159.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Forced Air
Heating Fuel:

Electric

Utilities

Utilities:

Electric Available
Sewer/Septic:

Public Sewer
Electric Service:

200+ Amp Service
Hot Water:

Electric
Water Source:

Public

Schools

School District Name:

The School District Of Philadelphia
School District Source:

Listing Agent

The Community

Subdivision Name:

Point Breeze
Pool:

No Pool

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Other Units:

Unit 1,Unit 1,Unit 2,Unit 2
Vacation Rental:

No
One Bedroom Units:

3
Two Bedroom Units:

1
Three Bedroom Units:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/12/24 Nov 12, 2024	Listed / Active	BRIGHT	$1,200,000

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This multifamily located in South Philadelphia, Philadelphia, PA 19145 is currently for sale for $1,200,000. 1625 Point Breeze Avenue is a 4,506 square foot multifamily with – beds and – baths. 1625 Point Breeze Avenue is in the South Philadelphia neighborhood of Philadelphia and has a WalkScore® of 73, making it very walkable. This multifamily is in the attendance area of South Philadelphia High School and Delaplaine Mcdaniel School.

Listing Courtesy of: BRIGHT and KW Empower.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.