#PAPH2436340, Kate Federico, Listing Office: Compass Pennsylvania, LLC
$10,000
closing credit¹
1625 Point Breeze Ave Philadelphia, PA 19145
Property details
About 1625 Point Breeze Ave
This prime investment opportunity in Point Breeze features a stunning, newer construction boutique 5-unit building, completed in 2018, with a proven rental history. Offering modern amenities and high-end finishes, this property provides an exceptional opportunity for investors seeking a well-located, income-generating asset in a rapidly developing neighborhood. The building consists of spacious, thoughtfully designed units, each featuring premium finishes. Units 1L and 1R, located on the first floor, are both 1-bedroom, 1-bathroom apartments with access to a large, fenced backyard and 500+ square feet of private basement space for additional storage or use. Unit 2R is a generously sized 2-bedroom, 1-bathroom apartment, while Unit 2L offers a 1-bedroom, 1.5-bathroom layout with ample living space. The standout unit, Unit 3, occupies the entire 3rd floor and boasts 3 bedrooms, 2 bathrooms, two private balconies, and a dedicated home office area. Each unit features high ceilings, luxury vinyl plank flooring, spacious eat-in kitchens with modern countertops, Whirlpool stainless steel appliances, and in-unit laundry. The property is ideally located for easy commuting, with quick access to the Broad Street subway line and multiple bus routes. Tenants are responsible for all utilities, including a flat water fee. Annual property expenses include insurance ($3,887), fire alarm service ($1,764), common electric ($550), and water/fire service ($335). A tax appeal is currently in progress, with the goal of reinstating the tax abatement by year-end. Conveniently situated near popular local spots such as Target, Sprouts, Starbucks, Two Eagles Cafe, The Fresh Works, On Point Bistro, and American Sardine Bar, this property also offers easy access to major highways including I-95 and I-76. With spacious units, outdoor space, and the added bonus of private basement storage, this property represents a must-see opportunity for any investor. Schedule a showing today to explore this exceptional investment!
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2419398
- MLS Name: BRIGHT
- Office Name: KW Empower
- Office Phone: (215) 627-3500
- Office Email: vicki@kwempower.com
- Listing Agent: Jennifer Grosskopf
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$1,200,000
1625 Point Breeze Ave
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
Stephen Girard Elementary School
Public District KG-4
0.6 mi
•1800 Snyder Ave
7
Abram Stockton Jenks School
Public District KG-5
1.1 mi
•2501 S 13th St
5
Francis Scott Key School
Public District KG-6
1.4 mi
•2230 S 8th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,579. Residents of Philadelphia, PA typically earn less than $<35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 1625 Point Breeze Ave
This home is located at 1625 Point Breeze Ave in Philadelphia, PA and zip code 19145 in the South Philadelphia neighborhood. This 4,506 square foot home, which was built in 2018, sits on a 0.05 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $1,200,000.
In January 2025 more than 152 listings in Philadelphia, PA were sold above the asking price. During the same period more than 186 listings were sold at asking price, while more than 457 were sold below. In January 2025 in Philadelphia, PA there were 3.5% more homes for sale than in December. The median list price of listings available in January 2025 was $266,945, while the average time on the real estate market was 52 days.