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138 40 Tasker St

$2,500,000

138 40 Tasker St, Philadelphia, PA 19148

Active
Last Updated: 09/30/2025

6.07

Cap Rate

151,707

NOI

Details:
Cap Rate:    6.07%
NOI:    $151,707
Building Size:    7,000 sqft
Year Built:    2024
Price Per Sqft:    $357.14
Zoning:    RM1
Highlights:
  • Days on Market: 63
  • Heating: Forced Air
Description:

Welcome to this exceptional new construction property located in the highly sought-after Pennsport neighborhood of South Philadelphia. This meticulously designed 7-unit building presents an incredible turn-key investment opportunity for savvy investors. Fully leased with stable tenants in place, this property offers immediate cash flow and hassle-free ownership.

The building features 6 two-bedroom two bathroom units and one ADA compliant one bedroom unit, all with modern finishes and high-end touches. Open-concept living areas, tons of natural light, sleek kitchens with stainless steel appliances, and generously-sized bedrooms create an ideal living space for residents. Each unit is thoughtfully designed for comfort and style, making them highly desirable in this vibrant and growing neighborhood.

Property Features:

7 fully leased units.

Two dedicated parking spaces, a rare and valuable feature in this area

Brand new construction, offering low maintenance and modern amenities

Units are equipped with stainless steel appliances, in-unit laundry, and central HVAC

Ideal location in Pennsport, a neighborhood known for its convenience and proximity to shopping, dining, and transportation.

Investment Highlights:

Fully leased with reliable rental income

Excellent location in a thriving neighborhood with high demand for rentals.

Strong rental market with minimal vacancy risk

Two parking spaces included, adding extra value for tenants

This is a truly turn-key investment opportunity—no renovations, no tenant search, just immediate returns. Whether you're looking to add to your portfolio or make your first investment, this property offers a hassle-free and profitable option. Don’t miss out on this prime real estate in one of South Philly's most desirable neighborhoods!

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