Bought with Eli Qarkaxhia • Compass Pennsylvania, LLC
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2031 N 8TH ST Philadelphia, PA 19122
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Key Details
Sold Price $380,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 2,126 sqft
Price per Sqft $178
MLS Listing ID PAPH837812
Sold Date 12/10/19
Style Other
HOA Y/N N
Abv Grd Liv Area 2,126
Year Built 1915
Annual Tax Amount $475
Tax Year 2020
Lot Size 1,147 Sqft
Acres 0.03
Lot Dimensions 15.50 x 74.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
It is time to present great investment opportunity near Temple University and Norris Square where one of the fastest developing area in Philadelphia. This recently rehabbed from bottom to top, stunningly finished and nicely furnished beautiful income generated legal duplex is ready to generate income for its new owner. The property consists 5 large bedrooms with their 5 own custom bathrooms. Every floor offers nice size kitchen area with SS appliances. Unit # 1 has 2 furnished bedroom, 2 bath and common kitchen areaUnit #2 has 3 furnished bedroom, 3 bath and large kitchen area All bedrooms have been furnished to accommodate 2 students in order to maximize the income.The units boast open floor plans, wood flooring throughout, and feature modern, high-end finishes, custom tile work, central air/heat, and best of all, a great return on investment.Projected rental income is for Unit#1 $1750, Unit # 2 $2500 which would make about 4250$ / month incomeThis 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.This building is almost brand new; the location is great. The area is rapidly developing and also presents great long-term appreciation. Opportunity knocks the door. Make an appointment for showing!!!
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility 32\"+ wide Doors
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 202097600
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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