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Duplex | 5 Beds | 4.5 Baths | 2 Units | 7.0% CAP Rate | 10-Year Tax Abatement Fantastic investment or owner-occupant opportunity in one of Philadelphia's hottest multifamily submarkets - 19122! This newer construction duplex offers a strong pro forma 7% CAP rate with flexible floor plans and high-end finishes throughout. Unit 1 (Lower): 3BD / 2.5BA bi-level unit with private rear yard. Projected rent: $2,100/mo Unit 2 (Upper): 2BD / 2BA bi-level unit, leased for $1,800/mo on annual lease. Total Pro Forma Rent: $46,800/year Pro Forma CAP Rate: 7.0% 10-Year Tax Abatement in place. Each unit features open-concept living, wide-plank flooring, recessed lighting, stainless steel appliances, shaker cabinetry, granite countertops, subway tile backsplash, W/D hookups, and large windows for natural light. Located near Temple University, SEPTA Regional Rail, and major transit corridors. Ideal for commuters, students, and professionals alike. Perfect for: Owner-occupants (live in one, rent the other) Investors seeking passive income 1031 Exchange buyers Don't miss this high-yield, low-maintenance investment opportunity in a rapidly appreciating neighborhood!
Property Type(s):
Multi Family
| Last Updated | 5/2/2025 | Year Built | 1915 |
|---|---|---|---|
| Community | 19122 (19122) | County | PHILADELPHIA |
SCHOOLS
| School District | PHILADELPHIA CITY |
|---|
Additional Details
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer |
| AREA | 19122 (19122) |
| BASEMENT | Finished, Yes |
| HEAT | Central, Natural Gas |
| INTERIOR | Kitchen Island, Recessed Lighting |
| LOT | 871 sq ft |
| LOT DIMENSIONS | 17.00 x 57.00 |
| PARKING | None |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STYLE | Traditional |
| TAXES | 3849 |
| WATER | Public |
Location
Listing provided by RE/MAX Plus
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: 5/2/25 11:58 PM PDT
This IDX solution is (c) Diverse Solutions 2025.
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