1216 Annin StPhiladelphia, PA 19147

For Sale
Call for price

33 Units, 8 Buildings, High Demand

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a portfolio of eight mixed-use buildings in the vibrant South Philadelphia neighborhood. Comprising a total of 33 units, this portfolio includes 29 residential units and 4 commercial units, offering diverse income streams. The properties boast a combined square footage of 23,290 and are situated across multiple addresses, including Annin Street, Federal Street, and South Broad Street. Zoning designations include RSA-5 and CMX-2, allowing for flexibility and potential future development. The portfolio benefits from its location in a densely populated area, close to the Italian Market, the Philadelphia Sports Complex, and excellent public transportation via SEPTA's Broad Street Line and numerous bus routes. The area is known for its thriving culinary scene, attracting residents and driving high demand for rental properties. Individual building sizes vary, ranging from approximately 1,646 square feet to 3,492 square feet, with lot sizes ranging from 17 x 73 feet to 18 x 123 feet. This portfolio represents a compelling investment opportunity in a dynamic and rapidly growing Philadelphia neighborhood. Detailed property information, including unit breakdowns and specific lot dimensions for each building, is available upon request. This is a rare chance to acquire a substantial, well-located portfolio with significant upside potential.

Property Details for 1216 Annin St

Property type
Multifamily properties, Other office properties
Square Feet
23,290 SF
Buildings
8
Units
33

Location Insight

City
Philadelphia
County
Philadelphia
State
Pennsylvania
Latitude
39.9355468
Longitude
-75.1641259
1216 Annin St, Philadelphia, Pennsylvania

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1216 Annin St
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