USAPAPhiladelphiaLogan10-1200-10 W Loudon St

10-1200-10 W Loudon St, PHILADELPHIA, PA

Name: 10 - 1200-10 W Loudon St, For Sale in PHILADELPHIA - eXp Realty
Brand: Realty One Group Restore - Conshohocken
SKU: PAPH2675350
Price: 2499999 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$2,499,999

000

MLS® PAPH2675350

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Commercial Sale

Size -

Garage No

HOA Fees

Taxes $21,431

Days Active 12

Approx. Age 2023

MLS® Number PAPH2675350

Property Address: 10-1200-10 W Loudon St, PHILADELPHIA, PA, 19141-3416

Average square foot calculated using Size range provided by listing agent.

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.

MLS® NumberPAPH2675350

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age2023

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat90% Forced Air, Natural Gas

A/CCentral A/C, Electric

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Sep 29, 2026List Date

$2,499,999List Price

Commute

Commute

Starting Address

Destination Address

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