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NEW CONSTRUCTION - Duplex on Germantown Ave. Located in one of the strongest and booming Multifamily Markets in 19122 with new construction going on all around. The building has 2 units. Great opportunity for first time home buyer, Investor, or 1031 exchange. Live in one and rent the other out or receive rental income from both units. This building has a lower-level apartment with 2 bedrooms and 3 Baths and a upper level apartment with 3 bedrooms, 3 full baths, and large roof deck with great views of the downtown skyline. 2nd Floor is rented for $2,109 and 1st floor unit is projected at $1,850 or $47,400 per year in income. All apartments have contemporary styling, ample closets, and a washer/dryer in each apartment. They are in a great location for commuters, Close proximity to Temple University and the Septa Regional Rail to Center City. Construction is complete and ready for immediate delivery. 10-YEAR TAX ABATEMENT is not in place yet due to a misfiling, but the seller is working on resolving it.
Property Type(s):
Multi Family
Last Updated | 10/26/2024 | Tract | NORRIS SQUARE |
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Year Built | 2024 | Community | 19122 (19122) |
County | PHILADELPHIA |
SCHOOLS
School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
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Additional Details
AIR | Central Air |
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AIR CONDITIONING | Yes |
APPLIANCES | Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer |
AREA | 19122 (19122) |
BASEMENT | Finished, Yes |
CONSTRUCTION | Frame |
HEAT | Electric, Forced Air |
INTERIOR | Walk-in Closet(s) |
LOT | 871 sq ft |
PARKING | On Street |
SEWER | Public Sewer |
STYLE | Contemporary |
SUBDIVISION | NORRIS SQUARE |
TAXES | 818 |
WATER | Public |
Location
Listing provided by Keller Williams Real Estate - Bensalem
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Data last updated: 1/9/25 11:28 PM PST
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