Contemporary

138-40 TASKER ST

PHILADELPHIA , PA 19148

MLS#: PAPH2522406

$2,500,000

Status: Active
Listing number: PAPH2522406
Listing provided by: KW Empower
Listing agent phone: None
Last update: 3 days ago
Browse Properties
PENNSPORT - Residential Income

Property

Beds

13

Full Baths

None

1/2 Baths

None

Year Built

2024

Sq.Footage

7,000

Welcome to this exceptional new construction property located in the highly sought-after Pennsport neighborhood of South Philadelphia. This meticulously designed 7-unit building presents an incredible turn-key investment opportunity for savvy investors. Fully leased with stable tenants in place, this property offers immediate cash flow and hassle-free ownership. The building features 6 two-bedroom two bathroom units and one ADA compliant one bedroom unit, all with modern finishes and high-end touches. Open-concept living areas, tons of natural light, sleek kitchens with stainless steel appliances, and generously-sized bedrooms create an ideal living space for residents. Each unit is thoughtfully designed for comfort and style, making them highly desirable in this vibrant and growing neighborhood. Property Features: 7 fully leased units. Two dedicated parking spaces, a rare and valuable feature in this area Brand new construction, offering low maintenance and modern amenities Units are equipped with stainless steel appliances, in-unit laundry, and central HVAC Ideal location in Pennsport, a neighborhood known for its convenience and proximity to shopping, dining, and transportation. Investment Highlights: Fully leased with reliable rental income Excellent location in a thriving neighborhood with high demand for rentals. Strong rental market with minimal vacancy risk Two parking spaces included, adding extra value for tenants This is a truly turn-key investment opportunity—no renovations, no tenant search, just immediate returns. Whether you're looking to add to your portfolio or make your first investment, this property offers a hassle-free and profitable option. Don’t miss out on this prime real estate in one of South Philly's most desirable neighborhoods!

Features & Amenities

Interior

  • Total Bedrooms

    13

  • Bathrooms

    N/A

  • Above Grade Finished Area

    7000.0

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Brick

  • Parking

    Garage, Attached

  • Pool

    Yes

  • Pool Features

    None

  • Waterfront YN

    NO

  • View

    City

Area & Lot

  • Lot Size(acres)

    0.06

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Contemporary

Price

  • Sales Price

    $2,500,000

  • Tax Amount

    1679.76

  • Sq. Footage

    7, 000

  • Price/SqFt

    $357

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    4

  • Accessibility Features

    Accessible Doors, Accessible Hallway(s)

  • Sewer

    Public Sewer

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

PHILADELPHIA

Elementary School

Middle School

High School

Listing Courtesy of Bridget Silver , KW Empower

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent ChristyIssler

Broker | Owner

ChristyIssler

Call Christy today to schedule a private showing.

(235) 551-212

christy@charisrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Welcome to this exceptional new construction property located in the highly sought-after Pennsport neighborhood of South Philadelphia. This meticulously designed 7-unit building presents an incredible turn-key investment opportunity for savvy investors. Fully leased with stable tenants in place, this property offers immediate cash flow and hassle-free ownership. The building features 6 two-bedroom two bathroom units and one ADA compliant one bedroom unit, all with modern finishes and high-end touches. Open-concept living areas, tons of natural light, sleek kitchens with stainless steel appliances, and generously-sized bedrooms create an ideal living space for residents. Each unit is thoughtfully designed for comfort and style, making them highly desirable in this vibrant and growing neighborhood. Property Features: 7 fully leased units. Two dedicated parking spaces, a rare and valuable feature in this area Brand new construction, offering low maintenance and modern amenities Units are equipped with stainless steel appliances, in-unit laundry, and central HVAC Ideal location in Pennsport, a neighborhood known for its convenience and proximity to shopping, dining, and transportation. Investment Highlights: Fully leased with reliable rental income Excellent location in a thriving neighborhood with high demand for rentals. Strong rental market with minimal vacancy risk Two parking spaces included, adding extra value for tenants This is a truly turn-key investment opportunity—no renovations, no tenant search, just immediate returns. Whether you're looking to add to your portfolio or make your first investment, this property offers a hassle-free and profitable option. Don’t miss out on this prime real estate in one of South Philly's most desirable neighborhoods!

138-40 TASKER ST

Message successfully sent.

What would you like to know?

Related Properties

On behalf of ownership, The TCS Group is pleased to present the exclusive opportunity to acquire the fee simple interest in 707 Chestnut Street — home to Jefferson Flats, a boutique collection of five well-appointed two-bedroom apartments located in the heart of Center City Philadelphia. The property also features 4,200 square feet of prime ground-floor retail space, currently leased to an established restaurant operator with a newly extended lease. An additional 4,546 square feet of commercial space spans the second and third floors, offering flexible potential for various future uses. This offering presents new ownership with a compelling value-add opportunity. With modest upgrades to the building’s common areas and light cosmetic enhancements to the residential units, there is strong potential to increase rental income. Moreover, a strategic approach to activating and monetizing the upper-level commercial space can unlock significant additional cash flow for an incoming investor.
#PAPH2485058

PHILADELPHIA

707 CHESTNUT STREET

10 Beds

None Baths

25,374 Sq.Ft.

$3,000,000

MLS#: PAPH2485058

Magnificent opportunity to own a Rittenhouse Square brownstone 9-unit apartment building in amazing condition! Located at one of the best corners in Rittenhouse, 18th & Spruce. One block to the Square, 50 yards away form Rittenhouse Market, 100 yards away from Starbucks. The units are under rented so there is room for increases plus separate utilities. Property is updated throughout with gorgeous original details. The property runs to street to street, to Manning Street. There is a one car car-port on the manning street side of the building. *Bonus -There is also a common elevator that can be repaired and brought back to life! It is not currently being used but would add a ton of value to the building. 5 (2) bedroom units and 4 (1) bedroom units. Could also be an amazing condo conversion!! These building do not become available often at a location like this. Taxes and square footage is the responsibility of the buyer to have verified.
#PAPH2466826

PHILADELPHIA

1723 SPRUCE STREET

14 Beds

None Baths

6,970 Sq.Ft.

$2,890,000

MLS#: PAPH2466826

2020 Locust Street in Rittenhouse Square represents a generational real estate acquisition opportunity to purchase a blue-chip multifamily building in an irreplaceable location — 1.5 blocks to Rittenhouse Square Park— the most esteemed neighborhood in Philadelphia, Pennsylvania. This seven (7) unit apartment building is a turnkey investment. The Property consists of 4,000 SF with 1 commercial space, 3 studios, 2 1bds, + 1 2bd with a private rooftop terrace overlooking Rittenhouse Square and Center City. Renovated in 2017 with hardwood floors, contemporary kitchens and baths, laundry, upgraded HVAC + more..
#PAPH2454236

PHILADELPHIA

2020 LOCUST STREET

4 Beds

None Baths

4,008 Sq.Ft.

$2,400,000

MLS#: PAPH2454236

Discover the epitome of urban living at 1845-47 N 6th Street, Olde Kensington's Crown Jewel! This newly constructed 9-unit haven offers a mix of bi-level 2BR/2BA, single-floor 2BR/2BA, and 1BR/1BA units, nestled in the thriving 19122 zip code. Indulge your culinary passions in open-concept kitchens featuring stainless steel appliances, quartz countertops, and sleek cabinets. In-unit washer/dryer adds convenience, and with years left on tax abatement, this property ensures both modern elegance and is a strategic investment. Enjoy hardwood floors, abundant sunlight, and modern amenities in each unit. From surround sound to smart thermostats and security systems, luxury is woven into every detail. Whether you're a homeowner seeking low-maintenance living or an investor eyeing a golden opportunity, this property in the heart of Old Kensington is your answer. Step outside to explore trendy bars, restaurants, and shops. Proximity to hotspots like Human Robot, Billy Penn Studios, Sor Ynez, and more ensures every day brings new adventures. Don't miss out on this chance to make Olde Kensington's Crown Jewel your urban sanctuary. Elevate your lifestyle in a place where luxury meets convenience!
#PAPH2305660

PHILADELPHIA

1845 N 6TH STREET 47

14 Beds

None Baths

7,260 Sq.Ft.

$2,150,000

MLS#: PAPH2305660

INTRODUCING: 85 EAST — This 9-unit gated new construction apartment community with parking is set back peacefully off the quaint cobbles of Germantown Avenue in Philadelphia’s historic Mount Airy neighborhood in NW PHL. It is a turnkey investment opportunity with an attractive 7.1% cap rate. Comprising 3 contiguous triplex buildings, 85 East features private parking and panoramic rooftop terraces for residents. Each building features two (2) 2bd x 1ba units on the 1st/2nd floors and one (1) 3bd x 2ba unit on the 3rd floor, with private access to the rooftop terrace. The interiors are outfitted with high-end finish kits including quartz countertops, LVP flooring, stainless-steel appliance packages, designer lighting and more. Bright, spacious and airy interiors provide a serene sense of calm inside the buildings. Walkable to Germantown Avenue’s commercial corridor lined with boutiques, shops, breweries, restaurants, cafes and historic structures, 85 East is connected to the fabric of Mount Airy’s eclectic lifestyle. Easy access into Center City and University City by train (3 minutes to Carpenter Station on Chestnut Hill West Septa line) or car (25 minutes to Center City), as well as suburban employment and entertainment districts. Walkable nearby amenities include: Mount Airy Tap Room, Acme, Lovett Memorial Library, Wawa, McMenamin’s, Jansen, Johnson House Historic Site, Weaver’s Way Co-op, Grocery Outlet, Young American Hard Cider and Tasting Room — as well as Wissahickon Valley Park, Chestnut Hill and Historic Germantown. 10 Year Tax Abatement—pay taxes on assessed land value rather than improvements. Minimal expenditures. High-growth rental submarket. BUYER TO VERIFY TAXES, SF, FINANCIALS IN DD.
#PAPH2414060

PHILADELPHIA

85 E SHARPNACK STREET

21 Beds

None Baths

12,720 Sq.Ft.

$2,450,000

MLS#: PAPH2414060

Two impeccably maintained premier side-by-side buildings offer 2 prime retail spaces with 4 residential units above, set in the heart of the vibrant Northern Liberty neighborhood. This high-traffic area provides endless possibilities for the retail space, which enjoys excellent visibility and convenient access to major roadways. Both retail spaces also feature basement areas that can potentially be expanded. The residential units are in great condition. Additionally, there is a gated lot at the back of the properties currently used for two parking spaces, presenting a significant opportunity for further development, either on the lot or by adding onto the existing buildings. Such quality properties rarely become available, offering numerous potential uses for this unique opportunity.
#PAPH2398260

PHILADELPHIA

606 N 2ND STREET 8

8 Beds

None Baths

4,211 Sq.Ft.

$2,200,000

MLS#: PAPH2398260

Rare to market, this investment opportunity affords today's most savvy investor an incredible slice of heaven in one of the most sought after locations in the city. This magnificent building is ideally located right by Rittenhouse Square on a highly desirable block with all the amenities anyone could ask for. This building has undergone an extensive renovation for a long term medical tenant which has a 2 story medical office, that was painstakingly updated top to bottom. High ceilings, hardwood flooing, updated plumbing and electtrical. The old world charm meeting with today's modern amenitites has been meticulously combined and affords plenty of street exposure and natural lighting. In addition to the medical practice, there are additional apartments as well. There are 4 units, compiling of 3 one bedroom apartments and a two story penthouse with 2 bedrooms. This building brings in about $188,000 in annual inome. Utiliites have been separated out, long term tenants in excess of 10 years for some. This building exemplifies the beauty and archittectural marvel that Philadelphia portrays at a high level. A true pillar to anyone's investment portfolio.
#PAPH2180188

PHILADELPHIA

112 S 20TH STREET

5 Beds

None Baths

4,086 Sq.Ft.

$2,199,000

MLS#: PAPH2180188

Amazing investment opportunity. This modern, fully occupied 11-unit building also offers additional finished flex rooms in the basement providing additional income. The 27-bedroom multi-family property was built in 2010 and is situated in the highly sought-after West Powelton neighborhood of Philadelphia. Just a short walk from the University of Pennsylvania and Drexel University, ensuring consistent demand from students and professionals. This property offers investors an excellent opportunity to acquire a turnkey asset with significant potential for rental growth. The property is also located within a Qualified Opportunity Zone, providing potential tax advantages for investors. The unit mix includes six (2) two-bedroom, one-bathroom units, two (2) three-bedroom, two-bathroom units and two (2) four-bedroom, two-bathroom units. The units offer hardwood floors, stainless-steel appliances, in-unit washer and dryers, and much more. Don’t miss this rare opportunity to own a high-performing multi-family property in a rapidly developing area. Eight property portfolio, can be purchased individually or as a full / partial portfolio (4008, 4010, 4032 & 4011 Baring Street, 416-18 N. Wiota Street, 508 Budd Street, 1537 Swain Street and 1802 N. 5th Street).
#PAPH2461432

PHILADELPHIA

4011 BARING STREET

25 Beds

None Baths

9,590 Sq.Ft.

$2,225,000

MLS#: PAPH2461432

Cahill Arms Roxborough — this entirely unique multifamily investment property is loaded with original charm and modern conveniences and carries an 8.15% pro forma cap rate. With seven (7) 1-2-3 bedroom apartments and a 1:1 parking ratio (7-car driveway), this is a rare investment opportunity, now available in one of Philly's fastest growing submarkets. An ideal unit matrix is composed of: three (3) 3bd units, two (2) 2bd units, two (2) 1bd units — ensuring supreme rentability in every market cycle. The NWPHL (Northwest Philly) location is prime — easy access to Schuylkill River Trail, shops, cafes, restaurants and bars along Ridge Avenue corridor, as well as the Main Street Manayunk district. This location is highly favored in the Greater Philadelphia rental marketplace as tenants seek out spacious and affordable rental accommodations in "semi-suburban" edge city locales — close enough to the urban core, yet tranquil enough for a laid-back/outdoorsy lifestyle. Easily accessible to all of Philadelphia's main arteries and districts, including I-76, I-476, City Avenue, Ridge Avenue, Main Street + Center City, University City, The Main Line, and the suburbs. The parcel commands attention with its prominent corner placement. The gated building is luxuriously laid out with spaciously oversized units, 10' ceilings, beautiful corridors, custom millwork, bi-level and tri-level units, french balconies, exposed Wissahickon schist (stone) and other high-end building material selections. As a multifamily investment property, ±70% rental upside exists for new Ownership to fill vacancies and reset existing rentals to market rate. Alternatively, there is a ±$1M delta between the bulk market price of each unit (to be sold separately as condos) if that exit path is preferred. The condo association is active. Enquire within for pro forma financials.
#PAPH2481616

PHILADELPHIA

4557 MANAYUNK AVENUE

15 Beds

None Baths

11,850 Sq.Ft.

$2,100,000

MLS#: PAPH2481616

Amazing investor opportunity to own this large SIX-UNIT DOUBLE LOT, CORNER PROPERTY in booming Jefferson Square just across from Jefferson Square and Sacks Playground! All units COMPLETELY RENOVATED! Unit count consists of four (4) two bedroom, two full bathroom units and two (2) one bedroom, one bath units. All units are bright and spacious with all new stainless steel appliances, mechanical systems, hardwood flooring, and granite countertops. Washer and Dryer in each unit. Plenty of basement space to carve out private storage units for each tenant. Possible value add opportunity to add elevator as elevator shaft is already in place. Financial cash cow for years to come in a developing neighborhood with expected rent increases in the short term. Additional improvements/upgrades include: fire sprinkler/alarm system, freshly painted common area and steps, upgraded intercom system. Walk-score off the charts, minutes to Passyunk Sq, Italian Market, Queen Village, South Street and drive within minutes to all big box shopping on Delaware Ave including Lowes, Home Depot, Target, grocery, gas and more. Highway access within minutes. Opportunities like this in this location do not come up often.
#PAPH2379200

PHILADELPHIA

1201 S 5TH STREET 3

10 Beds

None Baths

6,528 Sq.Ft.

$2,000,000

MLS#: PAPH2379200

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here