1956 N 8th St
PHILADELPHIA, PA 19122

Description

Fantastic investment opportunity near Temple University, Olde Kensington and Norris Square! This brand new construction property is a duplex with two large units in an incredibly active and developing area. Unit 1 is about 1227 sqft and offers a full finished basement, and private access to the back yard. The unit also features 4 bedrooms and 3 full bathrooms. Projected rental income for this unit is $2,200/month. Unit 2 will offer the 2nd and 3rd floors of the building. Unit 2 is about 1227 Sqft. and will also feature 4 bedrooms, 2 full bathrooms and and one large den/office. The projected rental income for this unit is $2,750/month. This investment is a great opportunity to receive a high rate of return with minimal expenses as it also has a pending 10-year Tax Abatement and a 1-year builders warranty. Floor plans are attached and available. Expected delivery date of June 2019. This area is rapidly developing and also presents great long term appreciation! Please reach out for more information. Check OPA for 2019 taxes due to possible citywide reassessment.

Details

MLS#PAPH508106
Sub-TypeResale
StatusActive
Year0
Days On Site165

Features

Units2

Loading Form

Loading Form

Area Information

StatePA
CityPHILADELPHIA
Zip Code19122
Area19121 (19121)
Listing VS Median (in 19122)
Price:
$650,000
low | high
Med:
$270,300
100% of Average
On Site:
165
low | high
Med:
130
100% of Average
Listing Updated: 06/17/2019
MLS Number: PAPH508106
Listing Provided By:
Michael R McCann  of  Keller Williams Philly