Homes for sale - 1345 W YORK ST, Philadelphia, PA 19132

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Alee Heidar

alee.heidar@engelvoelkers.com +1(206) 966-1792

$ 650,000

Est. payment -/mo

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Active

1345 W YORK ST Philadelphia, PA 19132

3,000 SqFt

UPDATED:

10/11/2024 02:20 PM

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

Listed by Gazi Ataseven • HomeSmart Realty Advisors

Alee Heidar

Principal Broker | License ID: 126102

+1(206) 966-1792

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