Development Opportunity

Offered At $9,000,000

NOI $1,345,304 ⸰ Cap Rate 7.5%

Welcome Home

Features

  • Unparalleled Views: Either from your balcony or large roof deck, enjoy stunning views of the entire skyline from the comfort of your home.
  • Gated Community: Drive into your exclusive parking space through the secured and monitored entrances. Ease and safety at your fingertips.
  • Luxurious Bathrooms: The bathrooms are a work of art, showcasing modern tile designs, wide-plank floors, and herringbone tile accents. They are a fusion of style and comfort.
  • Proximity To Lifestyle: Samuels Playground, Campbell Square and Frank Glavin Playground, just blocks away, offering a green escape and activities in the heart of the city.
  • Perks: Each home comes with a 10 year tax abatement and 1 year comprehensive builder warranty
  • Dog Run & Community: End capped within the community will be a cleaned and maintained dog run and communal setting.
Current State

Inquire For Plans

A Unique Investment at 2400 E Venango, Port Richmond

3 Bed • 3 Bath • 2500+ sqft • Gated & Garage Parking

Introducing REV ROW, the R(eclaimed) E(clectic) V(ibe)! a state-of-the-art new construction 30 townhome development community project prominently positioned in the vibrant Port Richmond neighborhood of Philadelphia. Discover a truly unique style of urban living in this upcoming townhome community that breaks the mold. The sale includes the land and all work to date. This is a rare opportunity to inject capital into what will be a robust cash flowing, turn of the market area. Management is in place and ready to stabilize this asset upon completion. Quality builders are also on deck for quotes on remaining work.

Location

A vibrant enclave within Philadelphia, Port Richmond stands as a testament to the city's rich history and lively community spirit. Situated along the banks of the Delaware River, this dynamic district is celebrated for its cultural diversity, architectural elegance, and tight-knit community bonds. The neighborhood showcases a captivating fusion of architectural styles, from historic row houses to charming brick facades that echo its storied heritage. A culinary haven, Port Richmond offers a plethora of dining choices to suit every taste.

Fueled by a robust sense of community, Port Richmond hosts a variety of events, including street fairs and cultural festivals, fostering an inclusive and inviting atmosphere. Benefiting from convenient transportation options and close proximity to major highways, Port Richmond provides easy connectivity to the rest of Philadelphia, with just a 15-minute journey to City Hall. Whether you're immersing yourself in the neighborhood's historical landmarks, participating in cultural events, or simply savoring the lively ambiance, Port Richmond is the place to be; a diverse and ever growing neighborhood of Philadelphia, offering close proximity to bridges, highways, parks, commercial and more.

Roof Deck
3rd Floor
2nd Floor
1st Floor

Site

Living

Spa Like Baths

Primary Suite

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