2603-2619 Boston St, Philadelphia, PA 19125

6 Unit Apartment Building | $5,100,000 ($850,000/Unit) | Philadelphia, PA 19125

Date Added:
September 16, 2024
Days on Market:
2 days

Asking Price $5,100,000

Property Type
Multifamily
Square Feet
1,080 SF

Listing Contacts

Michael McCann
Michael McCann
Verified Profile
Jim Onesti
Jim Onesti
Verified Profile
  • Property Info

Property Overview

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 six units: 2603 E Boston Street, Unit 1 (3 bed, 3.5 bath - Tax ID: 313000025), 2605 E Boston Street, Unit 1 (3 bed, 3.5 bath - Tax ID: 313000027), 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), 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. The HOA fee is $606.24 / month.

Property Details

Class
B
Year Built
2023
Stories
4
Units
6

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