1235 Federal Street

Philadelphia, PA 19147

$2,400,000
Price
Beds
10,676 Sq. Ft.
$225 / Sq. Ft.
10,676
Sq. Ft.
$225
per Sq. Ft.

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...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! Schedule a showing today!
  1. Listed by Stephen D. Stafford • SDG Management, LLC
    P: (267)-318-7080 steve@stammdevelopment.com
  2. Listed by Jason Kleinman • SDG Management, LLC
    P: (908)-217-3922 jay@stammdevelopment.com

Property Details for 1235 Federal Street

Tax ID Number
881000715
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Other
Waterfront
No
Garage
No
Building Name
SOUTHERN BELLA LOFTS (PHILADELPHIA PA)
Municipality
PHILADELPHIA
LISTING UPDATED: 01/08/2025 01:37 PM

Property Details for 1235 Federal Street

StatusActive
MLS #PAPH2433456
Days on Market2
Taxes$7,487 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.12 AC / 5,338 SF
CountyPhiladelphia County

Building Information for 1235 Federal Street

Stories-Residences1Year Built1915Building Size-Lot Size0.12 AC / 5,338 SF

Property Information for 1235 Federal Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 803408593408
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19147 (19147)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $534,872
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $390,312
  • City Town Tax: $3,294
  • Land Assessed Value: $144,560
  • Clean Green Assessed: No
  • Land Use Code: CA0
  • Historic: No
  • Zoning: RSA5
  • Tax Lot: 226
  • School Tax: $4,192
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 8
  • Three Bedroom Units Count: 0
Financial Information
Financial Information
  • Annual Rental Income: $211,548
Building Info
Building Info
  • Building Units Total: 1
  • Total Finished SQFT: 10,676.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Spa: No
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Other
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office

Property History for 1235 Federal Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1235 Federal Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Fanny Jackson Coppin School
PublicPK to 8

Furness Horace High School
Public9 to 12

Creative And Performing Arts
Public9 to 12

Academy At Palumbo
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1235 Federal Street is a multi-family home for sale in Philadelphia, PA 19147. This property was listed for sale on January 8, 2025 by SDG Management, LLC, it's currently listed at $2,400,000. This listing's school district is The School District of Philadelphia. Nearby schools include Fanny Jackson Coppin School, Furness Horace High School and Creative And Performing Arts. 1235 Federal Street is a 0-bed, 0-bath, 10,676 sqft multi-family home built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SDG Management, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.