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Tristan Alleyne

[email protected] +1(240) 715-2781

Listed by Samantha Lee Miller • Select Commercial Advisors

$ 1,549,000

Est. payment -/mo

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Coming Soon

4215 MANAYUNK AVE Philadelphia, PA 19128

5,575 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 5,575 sqft

Price per Sqft $277

MLS Listing ID PAPH2483614

Year Built 2017

Available Date 2025-05-20

Annual Tax Amount $2,435

Tax Year 2024

Lot Size 2,874 Sqft

Acres 0.07

Lot Dimensions 30.00 x 96.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

4215 Manayunk Avenue is a six-unit, income-producing mixed-use asset in the highly-desirable Manayunk-Roxborough submarket, featuring 5 spacious residential units and 1 commercial space. Acquire a high-quality, low-maintenance property at an in-place 7.0% cap rate, completed in 2018 with a blend of historic renovation plus a new construction addition. Approximately three years remain on the full 10-year tax abatement, offering substantial property tax savings. A unit mix of three x two beds and two x three-beds with quality, modern finishes, private outdoor space, and a roof deck guarantees high tenant appeal. The property currently has an assumable Freddie Mac loan in place at a 4.97% interest rate through May 2026. Benefit from steady cash flow and strong appreciation potential driven by the rapidly-developing Manayunk-Roxborough. As new construction activity in Philadelphia declines, demand is expected to outpace supply, driving further rental growth in the coming years and presenting a unique opportunity for investors to acquire a turnkey, income-producing asset with long-term upside.

Location

State PA

County Philadelphia

Area 19128 (19128)

Zoning CMX1

Interior

Hot Water Electric

Heating Other

Cooling Ductless/Mini-Split

Heat Source Electric

Exterior

Water Access N

View City

Roof Type Fiberglass

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Tax ID 881079152

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Tristan Alleyne

Advisor | License ID: 681278

+1(240) 715-2781

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