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2731 FEDERAL STREET, PHILADELPHIA, PA 19146
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$2,300,000
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Home Details for 2731 FEDERAL STREET
Price
$2,300,000
Type
Commercial/Industrial
Year Build
2023
Lot Size
0.14
County
PHILADELPHIA
Tax
$1,636
MLS®️ Listing#
PAPH2509700
On exitrealty.com
108 days
Property Description
Introducing 2731 Federal — a prominent corner property located at the gateway of 19146 — one of Philly's perennial-leading residential zip codes for rentals and sales. This turnkey 7-unit multifamily investment property stands tall above the rest, with unmatched skyline views and access — convenient to I-95, Washington Ave, and all of Center City and University City alike. Gaze across the western horizon and witness the billions of dollars in active stage developments from the likes of Chop, Penn, Hup, Pennovation. The brand new $48 million section of the Schuylkill River Trail, known as Christian to Crescent, now connects Center City with the Grays Ferry neighborhood in South Philadelphia with a striking 650-foot cable bridge, visible from 2731 Federal. Fresh Grocer, Chase Bank and more retail/shops located directly across the street. Walkable to adjacent/popular neighborhoods like Graduate Hospital, Point Breeze, Rittenhouse Square and more — this location is on the edge of tangibly-visible massive transformation. The 4-storey apartment building totals over 9100 SF with ground floor commercial space and an even mixture of 1-2bd apartments above, complete with a panoramic skyline rooftop terrace. Average rents/SF = $2.29. Average rent/unit = $1,621. This boutique apartment building is poised for rent growth and appreciation for years to come — paired with an extremely low OPEX and FULL 10yr tax abatement (approx. 8.5yr remains). Benefitting from the lot's unique dimensions, the apartments are far from cookie cutter, with dramatic angles and unique perspectives, coupled with design-driven interiors and sun-soaked rooms with floor-to-ceiling windows. Sleek bathrooms and contemporary kitchens, washer-dryer in-unit, LVP flooring, flushmount lighting, high ceilings and unique layouts command attention from the rental marketplace, ensuring plentiful demand in the marketplace. Enquire within for financials.
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- Electric
- Central
- Water Features
- Public
- Parking
- None
Listing Courtesy: Keller Williams Liberty Place - 609-399-5454
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-09-05 12:13:32
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EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143
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$2,300,000
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EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143