$2,400,000
For Sale

1235 FEDERAL STREET

Philadelphia, PA 19147
10676 sqft | 0.12 acres | #PAPH2433456
Listing OfficeSDG Management, LLC
Office Phone
Office Email
Browse 9 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Introducing The Southern Bella Lofts, renovated in 2016, featuring eight fully occupied units, each offering 2 bedrooms and 1.5 baths in a stabilized asset. Each unit boasts high ceilings, hardwood floors, exposed ductwork, and recessed lighting that create a stylish and inviting atmosphere. The open-concept design includes contemporary kitchens equipped with stainless steel appliances and granite countertops, along with convenient half baths.
The upper levels feature modern bathrooms and spacious bedrooms, each with full closets. Plus, each unit includes a washer/dryer for added convenience.
This property is being sold with assumable debt at an attractive interest rate of 3.69%, and it benefits from a tax abatement that runs through the end of 2026, enhancing your investment potential.
Ideally located, this building is within walking distance of the vibrant Italian Market, South Street, and Passyunk Square districts. Public transportation is easily accessible, with the Broad Street Line just one block away. Enjoy the best of city living with coffee shops, sports and fitness clubs, and local markets right at your doorstep, all while being close to Center City.
Don’t miss your chance to invest in this beautifully designed building in one of Philadelphia’s most exciting neighborhoods! Schedule a showing today!

  • Property Details
      • FoundationConcrete Perimeter
      • Property TypeMulti-Family
      • Sewer InformationPublic Sewer
      • MLS #PAPH2433456
      • MLS #PAPH2433456
      • Cost2400000
      • Utility SourcePublic
      • Taxes Annual$7,487
      • Square Feet10676
      • Property SubtypeOther
      • Acres0.12
      • Year Built1915

Location

Tom Governale | Keller WilliamsReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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