Exceptional investment opportunity to own a fully occupied newer-construction duplex with approximately 6 years remaining on the tax abatement. Completed in September 2022, this income-producing property offers modern finishes, strong rental appeal, and a prime location convenient to public transportation, Center City Philadelphia, and Temple University. The first-floor unit spans two levels and features 3 bedrooms, 2 full bathrooms (plus additional space available for a third bathroom), and a private rear yard. The second-floor unit also occupies two levels and offers 3 bedrooms, 3 full bathrooms, and access to a private rooftop deck. Both units showcase contemporary finishes and thoughtful layouts that attract quality tenants. The property is fully leased, with both units occupied through July 2027, providing immediate and stable rental income for the new owner, with an even income potential in just under a year. A turnkey addition to any investment portfolio in a high-demand rental market.
| MLS # | PAPH2635988 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 2022 |
| Days On Site | 122 |
| Listing Provided By | Market Force Realty | Snyezhana Naymit |
| SQ Feet | 2,732 |
|---|---|
| Units | 2 |
| Zoning | RM1 |
| Acreage | 0.02 |
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Construction Materials | Other |
|---|---|
| Foundation Details | Other |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 1816 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19122 |
| Area | 19122 (19122) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in 19122) | |
Price: $649,000 low | high Med: $237,500 sqft: 2,732 low | high Med: 891 $ / sqft: $238 low | high Med: $273 On site: 122 low | high Med: 118.5 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19122 |
| Area | 19122 (19122) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (in 19122) | |
Price: $649,000 low | high Med: $237,500 sqft: 2,732 low | high Med: 891 $ / sqft: $238 low | high Med: $273 On site: 122 low | high Med: 118.5 | |