Homes for sale - 4215 MANAYUNK AVE, Philadelphia, PA 19128

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Jon Tripp

info@jontripp.com +1(703) 864-9652

Listed by Samantha Lee Miller • Select Commercial Advisors

$ 1,549,000

Est. payment | -/mo

2,874 Sqft Lot

Save

$ 1,549,000

Est. payment | -/mo

Save

2,874 Sqft Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID PAPH2483614

Year Built 2017

Available Date 2025-05-21

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

Special Listing Condition Standard

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Jon Tripp

REALTOR® | Lic# 225229424

info@jontripp.com

+1(703) 864-9652

1320 Central Park Blvd Suite 200, Fredericksburg, VA, 22401, USA

4215 MANAYUNK AVE Philadelphia, PA 19128

Jon Tripp

Key Details

Location

Interior

Exterior

Building

Schools

Others

4215 MANAYUNK AVE