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1345 W York Street

PHILADELPHIA, PA 19132
  • $650,000
  • STATUS: Active
  • ON SITE: 84 Days
  • ID#: PAPH2395232
UPDATED: 56 min ago
$650,000
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,000
    SQFT
  • $217
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2022
County:

School Ratings & Info

Description

FULLY RENTED , TURN IN KEY, INCOME GENERATING DUPLEX !!! Welcome to this incredible investment opportunity! This newly constructed duplex is situated in a prime location just steps away from Temple University Main Campus and conveniently close to the subway and bus stop on Broad Street. The duplex boasts high-end finishes throughout, and each unit is a spacious 3 bed x 3 bath, perfect for maximizing rental income. With a full 10-year tax abatement, this property is a cash flow machine with a high % cap rate return on investment, even with a 7.5 % mortgage! Unit #1 is already rented out for $1800 monthly, making this an ideal investment for those who want to live in one unit and rent out the other. Unit #2 has been rented for $2000. This amazing product is collecting $3800 rent + 100$ water charge. The attention to detail and design is evident as soon as you walk in the door, and this is a rare opportunity to invest in a property with tremendous upside for rapid appreciation. Don't miss out on this fantastic investment opportunity located right by Broad Street!

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ROSS | RESIDENTIAL | RE/MAX Realty Services. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-04T12:53:33.987.
www.rossrem.com/homes/154985025
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1345 W York Street PHILADELPHIA, PA 19132

  • Price: $650,000
  • Status: Active
  • On Site: 84 Days
  • Updated: 56 min ago
  • ID#: PAPH2395232
0
Beds
0
Baths
0
½ Baths
0.02
Acres
3,000
SQFT
$217
$/SQFT
2022
Built
Neighborhood:
19133 (19133)
County:
Philadelphia
Area:
19133 (19133)
School District:
The School District Of Philadelphia
Property Description
FULLY RENTED , TURN IN KEY, INCOME GENERATING DUPLEX !!! Welcome to this incredible investment opportunity! This newly constructed duplex is situated in a prime location just steps away from Temple University Main Campus and conveniently close to the subway and bus stop on Broad Street. The duplex boasts high-end finishes throughout, and each unit is a spacious 3 bed x 3 bath, perfect for maximizing rental income. With a full 10-year tax abatement, this property is a cash flow machine with a high % cap rate return on investment, even with a 7.5 % mortgage! Unit #1 is already rented out for $1800 monthly, making this an ideal investment for those who want to live in one unit and rent out the other. Unit #2 has been rented for $2000. This amazing product is collecting $3800 rent + 100$ water charge. The attention to detail and design is evident as soon as you walk in the door, and this is a rare opportunity to invest in a property with tremendous upside for rapid appreciation. Don't miss out on this fantastic investment opportunity located right by Broad Street!
Exterior Features

Architectural Style Contemporary Construction Materials BrickAluminum Siding Garage YN No Parking Types On Street Pool No Pool Property Condition Excellent Roof Fiberglass Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3000 Basement Fully Finished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Heating Forced Air Heating YN Yes Rooms Total 6 Single Room Units 0 Three Bedroom Units 2 Two Bedroom Units 0

Property Features

Accessibility Features None Central Air YN Yes Construction Completed YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water 60+ Gallon Tank Municipality PHILADELPHIA Navigable Water YN N New Construction YN Yes Number Of Units Leased 2 Number Of Units Total 2 Original MLSNumber 803348491068 Ownership Interest Fee Simple Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 655.00 Tax Lot 131 Total Actual Rent 45600.00 Vacation Rental YN No Water Source Public Zoning RM1

Listing courtesy of HomeSmart Realty Advisors: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ROSS | RESIDENTIAL | RE/MAX Realty Services. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-04T12:53:33.987.
 
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