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Seize a lucrative investment opportunity with 2139 N 9th, a newly constructed duplex in the booming 19122 multifamily market. This property is particularly appealing with Unit 2 having been rented out for $2,100 per month, showcasing its strong income potential. This duplex, meticulously designed for modern living, offers a compelling chance for investors to secure high returns and long-term value. The lower unit features a spacious 1250 SF bi-level layout with 3 bedrooms, 3 bathrooms, and a generous rear yard"”ideal for attracting quality tenants. The upper unit, which previously rented for $2,100, includes a 1300 SF bi-level design with 3 bedrooms, 3 bathrooms, and an impressive rooftop deck with stunning skyline views. With a projected pro forma annual rent of $50,000, this property delivers a robust cap rate of over 7%. Both units offer modern, flexible floor plans, high ceilings, large windows, and sleek finishes including wide plank flooring, recessed lighting, shaker-style cabinetry, subway tile, quartz countertops, and stainless steel appliances. Located in a high-demand area near Temple University and the Septa Regional Rail, this property is perfectly positioned for strong rental demand. Benefiting from a 10-year tax abatement to keep operating costs low and a 1-year builder warranty for added security, this investment opportunity blends immediate income potential with long-term growth. Act quickly"”schedule a viewing and capitalize on this high-yield investment before it's too late!
Property Type(s):
Multi Family
| Last Updated | 12/10/2024 | Tract | NORRIS SQUARE |
|---|---|---|---|
| Year Built | 2024 | Community | 19122 (19122) |
| County | PHILADELPHIA |
SCHOOLS
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
Price History
| Prior to Oct 2, '24 | $605,000 |
|---|---|
| Oct 2, '24 - Dec 10, '24 | $590,000 |
| Dec 10, '24 - Today | $585,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 19122 (19122) |
| BASEMENT | Finished, Yes |
| CONSTRUCTION | Aluminum Siding, Brick |
| HEAT | Electric, Forced Air |
| LOT | 871 sq ft |
| PARKING | On Street |
| SEWER | Public Sewer |
| STYLE | Contemporary |
| SUBDIVISION | NORRIS SQUARE |
| TAXES | 818 |
| WATER | Public |
Location
Listing provided by HomeSmart Realty Advisors
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Keller Williams participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Keller Williams are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
2025 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 1/9/25 11:52 PM PST
This IDX solution is (c) Diverse Solutions 2025.
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