Philadelphia, PA 19146,2615 LATONA ST
Philadelphia, PA 19146,2615 LATONA ST
Philadelphia, PA 19146,2615 LATONA ST
Philadelphia, PA 19146,2615 LATONA ST
Philadelphia, PA 19146,2615 LATONA ST
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Listed by Hongyan Li • Homelink Realty
$ 589,000
Est. payment | /mo

609 Sqft Lot


Save
$ 589,000
Est. payment | /mo
Save

609 Sqft Lot

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2490552

Style A-Frame

Annual Tax Amount $1,612

Tax Year 2024

Lot Size 609 Sqft

Acres 0.01

Lot Dimensions 14.00 x 44.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

An exceptional opportunity to own a legally zoned, new construction triplex in booming Grays Ferry/South Philadelphia. This property consists of two combined addresses—2615 and 2617 Latona Street—merged into one spacious legal triplex. This project is well underway — flooring installation has begun and will be completed by the current owner prior to sale. All prior inspections have passed, and the 10-year tax abatement is fully approved. The owner has HVAC and sprinkler in contract and will transfer to the new buyer.

Property Breakdown:

Unit 1: 4 bedrooms, spans the 1st floor and fully finished basement

Unit 2: 2 bedrooms, smart layout ideal for long- or short-term rental

Unit 3: 4 bedrooms, occupying the 3rd and 4th floors, full of natural light and skyline views

Buyers have the rare advantage to step in and take over the contractor to finish the project according to their preferences or investment strategy. Perfect for investors seeking long-term cash flow or an owner-occupant looking to live in one unit and rent the others.

Located on a quiet street with easy access to Center City, UPenn, CHOP, and I-76, this property checks all the boxes for a high-yield investment in one of Philly's fastest-growing neighborhoods.

Don't miss this income-producing gem with major upside potential!

Location

State PA

County Philadelphia

Area 19146 (19146)

Zoning RM1

Interior

Hot Water None

Heating None

Cooling None

Fireplace N

Heat Source None

Exterior

Water Access N

Roof Type Fiberglass

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style A-Frame

Additional Building Above Grade, Below Grade

New Construction Y

Schools

School District Philadelphia City

Others

Tax ID 362053300

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)
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2615 LATONA ST