Listed by Compass Pennsylvania
$4,150,000
2045-49 trenton ave
Details
Property Type Multifamily
Sub Type Apartment Building
Units 12
Occupancy 100%
Multifamily | 12 Units
Marketing description
Executive Summary
Reda & Co Team and Compass Commercial proudly offer the investment opportunity to acquire 2045-49 Trenton Avenue, a fully leased, turnkey, tax-abated, 12-unit multifamily property.
Just steps from Frankford Avenue, it features the perfect blend of spacious one- and two-bedroom apartments that blend modern design with industrial character, including exposed brick, beams, and ductwork, oversized windows, and ceilings reaching up to 18 feet, making them very easy to rent.
Located in one of Philadelphia’s most sought-after neighborhoods, Fishtown. Situated along the historic cobblestones of Trenton Avenue, the building offers a prime,
100% leased with full in-place management and seven years left in tax abatement for a stabilized, passive investment opportunity.
walkable location surrounded by some of the city’s best restaurants, bars, and cafés.
Within the 3-mile radius of 2045-49 Trenton Avenue, more than 60% of the area is renter-occupied housing, with nearly 65% being one- or two-unit layouts, aligning with the subject. There are approximately 181,330 households within the 3-mile radius, with a healthy spending power of more than $4.5 billion annually.
2045-49 Trenton Avenue is a must-see in-person property to appreciate the building's unique features. There’s genuinely nothing comparable available in Fishtown, Philadelphia’s hottest investment submarket. The property is a Qualified Opportunity Zone
Listing Contacts
Listed by Compass Pennsylvania
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Is there information that looks off?
