5 Philadelphia Listings With Tax Abatement Remaining
Tax abatement programs reduce or eliminate the amount of property tax homeowners pay on new construction, rehabilitation and/or major improvements. The abatements won't completely eliminate your property tax bill—you'll still have to pay taxes on the value of the property before it was improved — but abatements will reduce your cost of living, and make it as easy as possible to turn your new home into your dream space. The tax abatement program is changing at the end of 2021. Learn how you can take advantage of the full 10 year abatement program! Keep reading to check out 5 Philly listings with years of tax abatement remaining!
Why We Love It: This luxurious 4 bed corner townhouse in Northern Liberties has incredible design and fabulous indoor and outdoor living. It has a one of a kind rooftop with stunning city views, an outdoor kitchen, a gas fire pit and out of this world landscaping. It also has a private garage! Inside is an open concept layout with a stunning gourmet kitchen. The primary suite is on the 3rd floor. This sophisticated home has upgrades on every floor. There are four years left on the 10-year tax abatement and the house also comes with shared private HOA parking for guests.
Neighborhood: Northern Liberties
Why We Love It: Welcome to Lippincott Townhomes, a gated community of luxury homes with gated cobblestone courtyard and gated driveway. This home is 4 beds and 4 baths, has a private balcony, a private elevator to the roofdeck, and a private two car carage! This is luxury at its finest. Plus you’re walking distance to the best of Old City. Plus there’s at least seven years left on the tax abatement!
Neighborhood: Old City
Why We Love It: This huge 4 story corner home boasts 3 bedrooms, 4 full baths, 1 half bath and has everything you need, including private parking, multiple outdoor spaces and plenty of living space! It has a finished basement, stunning chef’s kitchen, and open concept living room. The 3rd level is the sprawling master suite. Enjoy a private roof deck with incredible city views. This home still has 6+ years remaining on the tax abatement!
Neighborhood: Northern Liberties
Why We Love It: Completely renovated from head to toe in Fishtown w/ 10 year Tax Abatement! This oversized 4 bedroom, 2 full + 1 half bath house has hardwood floors throughtout, recessed lighting, new sheetrock, trim + paint, new windows, ceiling fans, doors, fixtures, + Two Smart Hvac systems . It features a new eat-in kitchen w/ quartz counters, wet bar w/ wine fridge, 3rd floor Master suite, finished basement and a brand new foundation has been poured. Located on an award winning "Clean Block"!
Neighborhood: Fishtown
Why We Love It: This home in the heart of Olde Richmond has a combination of city chic style & modern functionality, this home features dramatic open spaces, light drenched rooms, 2 roof decks and wide garage parking. It has 3 beds and 3 baths. Comes with 10 year new construction tax abatement!
Neighborhood: Fishtown/Olde Richmond
Venture Philly Group
Buy. Sell. Invest.
o. 215.592.9522
1619 Walnut Street, Suite 500, Philadelphia, PA
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