416 N Wiota Street

PHILADELPHIA, PA 19104

  • 0 Bed(s)
  • 0 Bath(s)
  • 4,080 Sqft
  • 2924
    Sqft(Lot)
$800,000

Description

Amazing investment opportunity. this modern, fully occupied 3-unit building also offers a built-in garage. the 8-bedroom multi-family property was built in 2015 and is situated in the highly sought-after west powelton neighborhood of philadelphia. just a short walk from the university of pennsylvania and drexel university, ensuring consistent demand from students and professionals. this property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth and includes a tax abatement until 2026. the property is also located within a qualified opportunity zone, providing potential tax advantages for investors. the unit mix includes two (2) two-bedroom, one or two-bathroom units and one (1) four-bedroom, four-bathroom unit. the units offer hardwood floors, stainless-steel appliances, in-unit washer and dryers, and much more. don’t miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. taxes, remaining abatement term and square footage are the responsibility of the buyer to have verified. eight property portfolio, can be purchased individually or as a full / partial portfolio (4008, 4010, 4032 & 4011 baring street, 416-18 n. wiota street, 508 budd street, 1537 swain street and 1802 n. 5th street).

  • Property Type

    Multi-Family

  • Subdivision

    West Powelton

  • County

    PHILADELPHIA

  • Style

    Straight Thru

  • AD ID

    49061363

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Property Details

  • Water/Sewer

    • Water Source : Public

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Forced Air,Heat Pump(s)
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 2015
    • Structure: End of Row/Townhouse
    • New Construction: No
    • Total Units: 3
    • Built: 2015
    • Construction Material: Masonry
    • Foundation/Basement: Slab
    • Architecture: Straight Thru
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Electric

  • Lot Information

    • Lot Size: 2,924
    • Dimensions: 30.00 x 97.00
    • Lot Size (Acres): 0.07
    • Architectural Style: Straight Thru
    • Main Square Feet: 2,924

    Property Information

    • SQ ft: 4,080
    • SQ ft (Living Area): 4,080
    • Total Lot SQ ft: 2,924
    • Subdivision: WEST POWELTON
    • Appx. Lot Dimensions: 30.00 x 97.00
    • Total Acreage: 0.07
    • New Construction: No
    • Type: Straight Thru

  • Listing Information

    • Possession: Settlement
    • Days Of Market: 9

  • Tax Information

    • Annual Tax: $5,853
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Settlement

    Assessment Information

    • Taxes Assessment Amount: $418,186

  • Parking Information

    • Parking Type: None

    Homeowners Association Information

    • Direction: From Market Street to Lancaster Avenue to Baring Street to right on Wiota Street

  • School Information

    • School District: THE SCHOOL DISTRICT OF PHILADELPHIA

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas
    • Hot Water: Electric

    Location Information

    • Direction: From Market Street to Lancaster Avenue to Baring Street to right on Wiota Street
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BuyOwner last updated this listing 04/05/2025 @ 14:54

  • MLS: PAPH2461002
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 4,080 sqft, 2,924 sized lot, and 0 parking. are nearby neighborhoods.