Save
Ask
Tour
Hide
Share
$2,499,999
29 Days On Site

1200-10 W LOUDON STREET
PHILADELPHIA, PA 19141

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
16,461
SqFt
$152
/SqFt
2023
Built
Subdivision:
LOGAN
County:
PHILADELPHIA
Listing courtesy of Realty One Group Restore - Conshohocken

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 484-679-6202
Is this the listing for you? We can help make it yours.
484-679-6202
1200-10 W LOUDON STREET1200-10 W LOUDON STREET1200-10 W LOUDON STREET1200-10 W LOUDON STREET
Save
Ask
Tour
Hide
Share

Exceptional 14-Unit Multifamily Investment Opportunity | 100% Occupied | Tax Abatement Through 2033 Welcome to 1200–10 Loudon Street, an exceptional opportunity to acquire a well-maintained, fully occupied 14-unit multifamily property in Philadelphia. This income-producing asset presents investors with the rare combination of immediate cash flow, operational stability, and future income growth potential. The property features a highly desirable and diversified unit mix consisting of six one-bedroom units, six two-bedroom units, and two spacious three-bedroom units. With the building currently 100% occupied, a new owner can step into an established rental operation from day one. One of the property's most compelling financial advantages is its 10-year tax abatement, currently in place through 2033, providing a significant benefit during the remaining abatement period. The property is estimated to generate approximately $210,000 in annual rental income, with additional upside potential as current rents provide room for future increases, subject to existing leases and applicable requirements. Beyond the residential units, the building offers additional opportunities to enhance revenue. Residents enjoy access to a shared first-floor laundry area, while multiple basement storage units provide another potential income stream and an opportunity to further maximize the property's performance. Meticulously maintained and in great condition, 1200 10 Loudon Street offers what multifamily investors value most: occupancy, income, scale, and upside all within one asset. Whether you're expanding an established portfolio, completing a strategic acquisition, or seeking a stabilized Philadelphia multifamily investment with long-term growth potential, this property deserves serious consideration. 14 Units | 100% Occupied | Approx. $210,000 Annual Rental Income | Tax Abatement Through 2033 | Additional Storage Income Potential. A fully occupied multifamily asset of this size, condition, and income potential represents an opportunity to acquire not simply a building but a foundation for continued portfolio growth.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$2,499,999
Days On Site 
29 Days
Bedrooms 
N/A
Inside Area (SqFt) 
16,461 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.15 Acres
Year Built 
2023
MLS Number 
PAPH2675350
Status 
Active
Property Tax 
$21,431
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS
4 weeks agoStatus changed to Active
4 weeks agoListing first seen on site
General Features
Acres 
0.15
Parking 
On Street
Property Condition 
New Construction
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
16461
Water Source 
Public
Zoning 
RM1
Interior Features
Appliances 
Electric Water Heater
Cooling 
Central AirElectric
Heating 
Natural GasForced Air
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
Aluminum SidingConcrete
Roof 
Rubber
Community Features
Accessibility Features 
Accessible DoorsAccessible Hallway(s)
MLS Area 
19141 (19141)
School District 
THE SCHOOL DISTRICT OF PHILADELPHIA
Schools
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Realty One Group Restore - Conshohocken



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share