Property
Beds
2
Full Baths
None
1/2 Baths
None
Year Built
None
Sq.Footage
N/A
An exceptional opportunity to own a legally zoned, new construction triplex in booming Grays Ferry/South Philadelphia. This property consists of two combined addresses—2615 and 2617 Latona Street—merged into one spacious legal triplex. This project is well underway — flooring installation has begun and will be completed by the current owner prior to sale. All prior inspections have passed, and the 10-year tax abatement is fully approved. The owner has HVAC and sprinkler in contract and will transfer to the new buyer. Property Breakdown: Unit 1: 4 bedrooms, spans the 1st floor and fully finished basement Unit 2: 2 bedrooms, smart layout ideal for long- or short-term rental Unit 3: 4 bedrooms, occupying the 3rd and 4th floors, full of natural light and skyline views Buyers have the rare advantage to step in and take over the contractor to finish the project according to their preferences or investment strategy. Perfect for investors seeking long-term cash flow or an owner-occupant looking to live in one unit and rent the others. Located on a quiet street with easy access to Center City, UPenn, CHOP, and I-76, this property checks all the boxes for a high-yield investment in one of Philly’s fastest-growing neighborhoods. Don’t miss this income-producing gem with major upside potential!
Features & Amenities
Interior
-
Total Bedrooms
2
Area & Lot
-
Lot Size(acres)
0.01
-
Property Type
Residential Income
-
Architectural Style
A-Frame
Exterior
-
Garage
No
-
Construction Materials
Brick Veneer, Concrete
-
Parking
None
Financial
-
Sales Price
$539,000
-
Tax Amount
1612.0
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Hongyan Li , Homelink Realty
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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