2209 W Venango Street

Description

2209 West Venango Street is a new construction multifamily investment situated in the Nicetown-Tioga neighborhood of Philadelphia.The property consists of 12 residential units and features (2) studio apartments, (4) one-bedroom apartments, and (6) two-bedroom apartments. Additionally, select units offer a den room that residents will be able to enjoy. 2209 W Venango Street is being offered with a 10-year tax abatement, subsequent to its building, and, the offering will be delivered with the Certificate of Occupancy in place.The property's location provides convenient access to major transportation routes including West Hunting Park Avenue, North Broad Street, and Roosevelt Boulevard. Additionally, the property is located less than half of a mile away from SEPTA Allegheny station, offering residents accessible transportation to Center City and the amenity-rich neighborhood of Manayunk.Situated just a mile from Temple Hospital, 2209 Venango Street offers a convenient location for employees. Moreover, Budd Bioworks, positioned along West Hunting Park Ave, is set to undergo a 30-acre institutionalized revitalization, which is expected to attract a growing influx of graduate students and young professionals. Additionally, within a short distance, one can find two renowned medical colleges, including the Temple University Katz School of Medicine.- New Construction Multifamily | 12 Units in Nicetown-Tioga- Healthy Unit Mixes | Studio, One, and Two-Bedroom Layouts- Tax Incentive | Ten Year Tax Abatement- Exceptional Basis & Replacement Value | Asking Price Per Square Foot is Well Below Replacement Cost- Arterial Access | Close Proximity to West Hunting Park Ave and North Broad Street- Eds and Meds | Located Close to Temple Hospital and Lewis Katz School of Medicine at Temple University- Life Science Campus Underway | Budd Bioworks will feature 30 Acres of Clinical and Commercial Spaces