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sales rep | Brivity IDX

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1200 1200-10 W Loudon St , Philadelphia, PA 19141
$2,499,999
Est. Payment: $13,505.43/mo
16461 Sqft
0.15 Acres
Status: active | Days on site: 41
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REONEGR3 - 3321616
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House Description

Exceptional 14-Unit Multifamily Investment Opportunity | 100% Occupied | Tax Abatement Through 2033 Welcome to 1200–10 Loudon Street, an exceptional opportunity to acquire a well-maintained, fully occupied 14-unit multifamily property in Philadelphia. This income-producing asset presents investors with the rare combination of immediate cash flow, operational stability, and future income growth potential. The property features a highly desirable and diversified unit mix consisting of six one-bedroom units, six two-bedroom units, and two spacious three-bedroom units. With the building currently 100% occupied, a new owner can step into an established rental operation from day one. One of the property's most compelling financial advantages is its 10-year tax abatement, currently in place through 2033, providing a significant benefit during the remaining abatement period. The property is estimated to generate approximately $210,000 in annual rental income, with additional upside potential as current rents provide room for future increases, subject to existing leases and applicable requirements. Beyond the residential units, the building offers additional opportunities to enhance revenue. Residents enjoy access to a shared first-floor laundry area, while multiple basement storage units provide another potential income stream and an opportunity to further maximize the property's performance. Meticulously maintained and in great condition, 1200 10 Loudon Street offers what multifamily investors value most: occupancy, income, scale, and upside all within one asset. Whether you're expanding an established portfolio, completing a strategic acquisition, or seeking a stabilized Philadelphia multifamily investment with long-term growth potential, this property deserves serious consideration. 14 Units | 100% Occupied | Approx. $210,000 Annual Rental Income | Tax Abatement Through 2033 | Additional Storage Income Potential. A fully occupied multifamily asset of this size, condition, and income potential represents an opportunity to acquire not simply a building but a foundation for continued portfolio growth.

Highlights

Listed by Emerald Butler-Smith , 6108099595 Realty One Group Restore - Conshohocken , 2674624222. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.15

Year Built

2023

County

Philadelphia

Area

19141 (19141)

Neighborhood

Logan

School District

The School District Of Philadelphia

Listing ID

PAPH2675350

Questions about this listing?

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Interior Features

Air Cond:Central A/C
Fireplaces:
Water:Public

Exterior Features

Lot:Horse Property: No
Zoning:RM1 - RESIDENTIAL MULTIFAMILY
Roof:Rubber
Others:
  • ▪ Additional:Excellent
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$13,505
Taxes
$1,786

Home Price

$2,499,999

Loan Details

30 yrs
7.148%

Down Payment

20%
$500,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$13,505.43

Principal

Taxes

Principal Taxes HOA Total
Monthly $13,505.43 $1,785.92 $0.00 $15,291.34
Yearly $162,065.13 $21,431.00 $0.00 $183,496.13
Total $4,861,953.84 $642,930.00 $0.00 $5,504,883.84
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T01:13:51.000Z

© 2026 Bright MLS