REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Arshia Kia

arshia.kia@exprealty.com +1(571) 276-1206

Listed by Trish Gesswein • Houwzer, LLC

$ 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

MLS Listing ID PAPH2587818

Style Contemporary

Abv Grd Liv Area 3,000

Year Built 2022

Annual Tax Amount $594

Tax Year 2025

Lot Size 965 Sqft

Acres 0.02

Property Sub-Type Duplex

Source BRIGHT

Property Description

Welcome to this exceptional new construction duplex built in 2023, offering strong cash flow for Investors 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

Exterior

Utilities Available Cable TV

Water Access N

Roof Type Fiberglass

Accessibility None

Garage N

Building

Above Ground Finished SqFt 3000

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 371367600

Ownership Fee Simple

SqFt Source 3000

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(571) 276-1206

arshia.kia@exprealty.com

2000 Duke St, Suite 300, Alexandria

1345 W YORK ST Philadelphia, PA 19132