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Pumsu Lim

stagesite-2.test@chime.me +1(506) 970-3459

$ 599,000

Est. payment | -/mo

3,000 SqFt

Save

$ 599,000

Est. payment | -/mo

Save

3,000 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $199

Lot Size 965 Sqft

MLS Listing ID PAPH2587818

Financing Cash,Conventional,FHA,VA

Style Contemporary

Total Units 2

Short Sale No

Originating MLS BRIGHT

Property Description

Welcome to this exceptional new construction duplex built in 2023, offering strong cash flow and long-term upside for Home Buyer. Featuring two expansive 3-bedroom, 3-bathroom units, this property is ideal for both savvy investors and end-users looking to offset their mortgage with rental income. Property Layout: Master Unit (Floors 2 & 3): Spacious 3 Bed / 3 Bath duplex with modern finishes and generous living space JR Unit (Floors 1 & B): 3 Bed / 3 Bath duplex offering a functional layout and private living quarters. Investment Highlights: Current Rental Income: $3,700 per month, Tenants in place for 3+ years, 10-Year Tax Abatement – Significant savings and increased ROI, Projected 13% Cash-on-Cash Return with 75% leverage at 6% interest, Strong long-term cash flow opportunity, This is a turnkey investment with stable tenants and predictable income from day one. Perfect for an End User: Live comfortably in the spacious Master unit while renting out the JR unit to help cover your mortgage. An ideal house-hacking opportunity in a modern, low-maintenance building.

Location

State PA

County Philadelphia

Area 19133 (19133)

Zoning RM1

Rooms

Basement Fully Finished

Interior

Hot Water 60+ Gallon Tank

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

1-purchase type For Sale

Exterior

Utilities Available Cable TV

Waterfront N

Water Access N

Roof Type Fiberglass

Accessibility None

Parking Type On Street

Building

New Construction N

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

Schools

School District The School District Of Philadelphia

Others

Tax Amount $594

Tax Year 2025

Tax ID 371367600

Ownership Fee Simple

SqFt Source 3000

Acceptable Financing Cash, Conventional, FHA, VA

Special Sale Standard

testyfx76

Listed by Trish Gesswein • Houwzer, LLC

1345 W YORK ST Philadelphia, PA 19132