2400 W Thompson Street

Description

Welcome to 2400 W. Thompson Street. This is an amazing opportunity to own a new construction quadplex, fully occupied, in the highly desirable Brewerytown section of Philadelphia. As an added bonus, this property has nearly five years left on the tax abatement (ending September 2025). This fully leased asset provides steady rental income with significant opportunity to increase the rent for each unit; all with low operating costs in an area that continues to appreciate year after year. All units are modern, spacious 2 bed/1 bathroom on a highly desirable block in Brewerytown with tons of new construction surrounding the property. All units have modern kitchens with stainless steel appliances, recessed lighting, and in-unit washer and dryer. The property is within walking distance to all the shops and restaurants on Girard Avenue, Fairmount Avenue, and museums on the Ben Franklin Parkway. Not to mention the property is in close proximity to Fairmount Park, Center City, public transportation, and all major highways. This is a value add opportunity you don't want to miss in one of Philadelphia's most popular neighborhoods. This property can be purchased individually or as part of a portfolio with 10 units located at 1228-32 N. 25th Street. Seller is a licensed Broker in the state of PA.