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4146 48 Parkside Avenue
Philadelphia, PA 19104

$4,950,000 - Status: ACTIVE
SQFT: 19,394
MLS# PAPH2687902

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

Property Features

MLS#: PAPH2687902
Zip: 19104
Subdivision:
Development: Philadelphia
Property Type: Multi Unit - Multiple
Number of Units: 1
Cooling: Central A/C
Days on Site: 2
Fuel Type: Electric
Heating: Heat Pump(s)
Lot Size: 0.13 acres
Taxes: $393
Year Built: 2023

Feature Descriptions

Accessibility: Elevator
Additional Structures: Above Grade
Exterior: Brick
Lot Dimensions: 0.13 Acre(S)
Municipality: PHILADELPHIA
One Bedroom Units: 20
Sewer: Public Sewer
Structure Type: Other
Studio Efficiency Units: 1
Total Garage/Parking Spaces: 0
Two Bedroom Units: 7
Units: 1
Water: Public

Local Schools

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

4146 48 Parkside Avenue | MLS# PAPH2687902

This multi-family property located at 4146 48 Parkside Avenue, Philadelphia, PA 19104 is currently listed for sale with an asking price of $4,950,000. 48 Parkside Avenue is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on jillhertel.lewith-freeman.com today.

Listed By / Shown By

Listed By

Agency Name: Trophy Commercial Real Estate LLC
Agency Phone: 2156085745

Shown By

Agent Name: Jill Hertel
Agent Phone: (570) 854-1171
Agency Title: Lewith & Freeman

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AGENT INFORMATION

Lewith & Freeman Jill Hertel (570) 854-1171 jhertel@lewith-freeman.com

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Estimated Payment

$ 29,664.44 per month $28,187.94 Principal & Interest $32.75 Property Tax $1,443.75 Homeowner's Insurance

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