2603-2619 E Boston St - Apartments FOR SALE


Philadelphia, PA 19125
$4,651,000 USD
215-607-6007
2603-2619 E Boston St, Philadelphia, PA for Sale
$4,651,000 USD
Apartments - FOR SALE
1/55
null | Request Cap Rate

2603-2619 E Boston St
Philadelphia, PA 19125


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), 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.

FOR SALE DETAILS

PRICE

$4,651,000 USD

PRICE/SF

$4,306 USD /SF

# OF UNITS

6

PRICE/UNIT

$775,167

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Michael McCannKeller Williams EmpowerMore Info
215-607-6007

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Michael McCannKeller Williams EmpowerMore Info
215-607-6007

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.