2020-22 N 22nd St Philadelphia, PA 19121

Prime Investment Opportunity - Turn-Key 2-Year-Old New Construction 15-Unit Multifamily Building Rare Opportunity To Acquire A Modern, High-Quality New Construction Multifamily Asset Delivering Strong Immediate Cash Flow and Long-Term Upside. This 2-Year-Old, 15-Unit Building Is Approximately 100% Leased With 15 Units Currently Rented, Providing Stable and Consistent Income From Day One. The Property Benefits From A 10-Year Tax Abatement With Approximately $2,750 in Annual Real Estate Taxes, Significantly Reducing Operating Expenses and Enhancing Net Cash Flow. The Building Features A Desirable Unit Mix Of Studios, One-Bedroom, and Two-Bedroom Apartments With High-End Finishes Throughout, Including Quartz Countertops, Stainless Steel Appliances, Custom Tile Baths, and In-Unit Laundry. Additional Features Include Energy-Efficient Systems, Full Sprinkler System, Separate Utilities, Secure Entry, and Camera Systems, Resulting in Low Maintenance and Minimal Near-Term Capital Expenditures. Strong Rental Demand Supports Top-Of-Market Rents With Potential For Future Rent Growth and Appreciation. Located in A Rapidly Developing, High-Demand Rental Area Surrounded By New Construction, Universities, Major Employers, and Public Transportation, This Asset Offers Both Immediate Income and Long-Term Value Creation. Ideal For 1031 Exchange Buyers, Portfolio Expansion, Or Investors Seeking A Stabilized, Turn-Key Multifamily Opportunity.