1235 37 Federal St

Highlights:

• Days on Market: 54
• Heating: Other

Description:

Introducing The Southern Bella Lofts, renovated in 2016, featuring eight fully occupied units, each offering 2 bedrooms and 1.5 baths in a stabilized asset. Each unit boasts high ceilings, hardwood floors, exposed ductwork, and recessed lighting that create a stylish and inviting atmosphere. The open-concept design includes contemporary kitchens equipped with stainless steel appliances and granite countertops, along with convenient half baths. The upper levels feature modern bathrooms and spacious bedrooms, each with full closets. Plus, each unit includes a washer/dryer for added convenience.

This property is being sold with assumable debt at an attractive interest rate of 3.69%, and it benefits from a tax abatement that runs through the end of 2026, enhancing your investment potential.

Ideally located, this building is within walking distance of the vibrant Italian Market, South Street, and Passyunk Square districts. Public transportation is easily accessible, with the Broad Street Line just one block away. Enjoy the best of city living with coffee shops, sports and fitness clubs, and local markets right at your doorstep, all while being close to Center City.

Don’t miss your chance to invest in this beautifully designed building in one of Philadelphia’s most exciting neighborhoods! Please reach out to listing brokers for offering memorandum.