Introducing a premier investment opportunity nestled in the heart of the vibrant Brewerytown section of Philadelphia: the newly constructed Quadraplex at 1302 N 22nd Street. This meticulously designed property, completed in 2021/2022, embodies modern living and strategic investment, making it an enticing addition to any discerning investor's portfolio. This Quadraplex is fully occupied, providing immediate and consistent cash flow. The property boasts a thoughtfully crafted unit mix, with one spacious one-bedroom unit and three generously sized two-bedroom units. This configuration not only maximizes rental income but also appeals to a diverse tenant base, ensuring long-term occupancy and stability. One of the standout features of this investment is the full tax abatement in place until the end of 2032. This abatement significantly reduces operating expenses, thereby enhancing net cash flow and maximizing your return on investment. Additionally, the property's location within a Qualified Opportunity Zone offers the potential for substantial tax incentives, presenting an excellent opportunity for long-term investors looking to capitalize on these benefits. Brewerytown itself is a neighborhood on the rise, known for its rich industrial history and burgeoning cultural scene. The area is experiencing a renaissance, with an eclectic mix of trendy shops and vibrant eateries all contributing to its unique charm. Its proximity to Center City Philadelphia further enhances its appeal, offering residents easy access to the city's bustling financial districts, cultural landmarks, and entertainment venues. For investors seeking a property that combines modern amenities with strategic financial benefits, 1302 N 22nd Street is a compelling choice. This Quadraplex not only promises immediate income but also offers the potential for significant appreciation and tax advantages over time. Don’t miss out on this rare opportunity to secure a stronghold in one of Philadelphia’s most promising neighborhoods. Contact us today to learn more about this exceptional property and arrange a viewing. Your next smart investment awaits! **Offering Memorandum available upon request.
New construction
$899,999
1302 N 22nd St, Philadelphia, PA 19121
7beds
--baths
3,392sqft
Est.:
Townhouse
Built in 2022
-- sqft lot
$874,100 Zestimate®
$265/sqft
$-- HOA
What's special
- 264 days
- on Zillow |
- 65 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: May 16, 2025 at 02:38am
Listed by:
Dan Baer 267-690-7448,
Compass RE (267) 435-8015,
Co-Listing Agent: Jennifer Baer 215-681-7699,
Compass RE
Source: Bright MLS,MLS#: PAPH2410314

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 3,392
- Total interior livable area: 3,392 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Approach with Ramp, Other Bath Mod
Features
- Pool features: None
Lot
- Size: 1,072 Square Feet
- Dimensions: 16.00 x 67.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 291298400
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Straight Thru
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Concrete Perimeter
Condition
- Excellent
- New construction: Yes
- Year built: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $265/sqft
- Tax assessed value: $143,600
- Annual tax amount: $2,010
- Date on market: 5/16/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
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