623 N 36th St, Philadelphia, PA 19104

Property Description

Welcome to 623 N 36th Street, a newer-construction triplex in the desirable Mantua neighborhood of Philadelphia. Built in 2021, this approximately 4,200 SF property features three spacious residential units, including two 3-bedroom units and one 4-bedroom unit. Excellent for an owner occupant user looking to take advantage of the 5% down loan program or an investor looking for a stable investment with substantial long term upside, the building offers a combination of tri-level and bi-level layouts, with private outdoor spaces including rooftop decks and a large patio. Each unit features generous living areas, well-proportioned bedrooms, abundant natural light, quality finishes, central heating and air conditioning, and in-unit laundry. All-electric utilities offer convenient property management. An added benefit for investors is the property's tax abatement, with approximately five years remaining, offering continued tax savings on the building improvements. Ideally situated near Drexel University, the University of Pennsylvania, public transportation, shopping, restaurants, and major employment centers, with convenient access to major highways. An excellent opportunity for investors seeking a modern multifamily property in a strong rental market.