$ 4,651,000
2603-2619 E BOSTON ST Philadelphia, PA 19125
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$ 4,651,000
Est. payment /mo
Price Dropped by $449K
2603-2619 E BOSTON ST Philadelphia, PA 19125
18,000 SqFt
UPDATED:
10/31/2024 02:32 PM
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 18,000 sqft
Price per Sqft $258
Subdivision Fishtown
MLS Listing ID PAPH2384326
Originating Board BRIGHT
Year Built 2023
Annual Tax Amount $1
Tax Year 2023
Property Description
Seize a rare investment opportunity to own multiple luxury units in the Hagert Estates portfolio, an exquisite collection of meticulously crafted residences designed to offer an elevated living experience. This investment package includes ten units: 2603 E Boston Street, Unit 1 (3 bed, 3.5 bath - Tax ID: 313000025), 2607 E Boston Street, Unit 1 (3 bed, 3.5 bath - Tax ID: 313000029), 2607 E Boston Street, Unit 2 (3 bed, 3.5 bath - Tax ID: 313000030), 2609 E Boston Street, Unit 2 (3 bed, 2.5 bath - Tax ID: 313000032), 2613 E Boston Street, Unit 1 (3 bed, 3.5 bath - Tax ID: 313000035), 2613 E Boston Street, Unit 2 (3 bed, 2.5 bath - Tax ID: 313000036), 2615 E Boston Street, Unit 2 (3 bed, 2.5 bath - Tax ID: 313000038), 2617 E Boston Street, Unit 2 (3 bed, 2.5 bath - Tax ID: 313000040), and 2619 E Boston Street, Unit 1 (3 bed, 3.5 bath - Tax ID: 313000041). The portfolio gets incredible rental rates: Unit 1 rents for $2,999 per month, and Unit 2 rents for $3,999 per month, with seven dedicated parking spots in the gated drive aisle included in the package. These homes feature enhanced open-concept designs that embrace natural light and provide ample space for entertaining, seamlessly blending minimalistic luxury with understated elegance. Located in the vibrant Fishtown neighborhood of Philadelphia, Hagert Estates enjoys a prime location offering unparalleled convenience and an exceptional lifestyle. This highly walkable area is renowned for family-friendly activities, distinguished dining experiences, artistic endeavors, and more. Each property includes a full 10-year tax abatement, enhancing investment returns. The community is conveniently situated within the sought-after Hackett School Catchment and close to I-95 on-ramps for effortless commuting. The site is surrounded by the amenities that make Fishtown the premier neighborhood in Philadelphia, with Frankford Avenue and new construction developments and restaurants within walking distance. Note that all square footage numbers are approximate, and taxes are to be determined and confirmed by the buyer. Photos represent the model home in the development. Association fee would be $1,175/month including all 7 parking spaces for all 10 properties.
Location
State PA
County Philadelphia
Area 19125 (19125)
Zoning RSA5
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 7.0
Waterfront N
Water Access N
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 7
Garage N
Building
Foundation Other
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID NO TAX RECORD
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
Listed by Jim Onesti • KW Empower
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