1345 W YORK ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19132
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $216
MLS Listing ID PAPH2395232
Style Contemporary
Abv Grd Liv Area 3,000
Originating Board BRIGHT
Year Built 2022
Annual Tax Amount $655
Tax Year 2023
Lot Size 965 Sqft
Acres 0.02
Lot Dimensions 15.00 x 64.00
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!
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
Water Access N
Roof Type Fiberglass
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Additional Building Above Grade,Below Grade
New Construction Y
Schools
School District The School District Of Philadelphia
Others
Tax ID 371367600
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard