2722 W Master St - Apartments FOR SALE


Philadelphia, PA 19121- Brewerytown
$799,999 USD
610-606-1095
2722 W Master St, Philadelphia, PA for Sale
$799,999 USD
Apartments - FOR SALE
1/25
null | 6.75% Cap Rate

2722 W Master St
Philadelphia, PA 19121
Brewerytown


HIGHLIGHTS

  • TOP 10 USA MSA REAL ESTATE
  • IDEAL FOR HOUSE HACKING (5% DOWN)
  • BEAUTIFUL CORNER TRIPLEX BUILT IN 2020
  • TAX ABATEMENT THRU 2030
  • HIGH GROWTH/DEMAND SUBMARKET
  • WALKABLE ASSET - 1 BLOCK FROM PARK, 2 BLOCKS FROM COMMERCIAL CORRIDOR (GIRARD AVENUE)

OVERVIEW

Calling all owner-occupants in search of 5% down payment acquisitions! 2722 Master is a boutique, newly built ±2800 SF triplex ideally sited on a corner lot right off the park in Brewerytown — one of Philly's most dynamic neighborhoods. The apartment building features three (3) units (2x1, 3x2, 2x1 units) with tremendous natural light and design-driven interiors. This is a high-growth rental submarket in a Top 10 USA MSA—prime multifamily real estate now for sale in Philly. The property offers a 6.75% pro forma cap rate with ±12% rental upside. Ideal for owner occupants seeking house-hacking scenarios — live in one unit, subsidize mortgage costs with rental income from the other 2 units. 10 year tax abatement through 2030. Enquire within for financials and MAKE YOUR MOVE.

FOR SALE DETAILS

PRICE

$799,999 USD

PRICE/SF

$303 USD /SF

# OF UNITS

3

PRICE/UNIT

$266,666

CAP RATE

6.75%

% LEASED

67%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

BREWERYTOWN HOUSE HACK

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2020

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,270 SF

ZONING

RM1

APN/PARCEL ID

292000019

ASK ABOUT THIS PROPERTY

Ryan McManusKeller Williams Liberty PlaceMore Info
610-606-1095

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Ryan McManusKeller Williams Liberty PlaceMore Info
610-606-1095

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.