$580,000
$615,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
2129 N 8TH ST Philadelphia, PA 19122
3,165 SqFt
Key Details
Sold Price $580,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,165 sqft
Price per Sqft $183
Subdivision Ludlow
MLS Listing ID PAPH2126204
Sold Date 11/03/22
Style Contemporary
Abv Grd Liv Area 3,165
Originating Board BRIGHT
Year Built 2022
Annual Tax Amount $341
Tax Year 2022
Lot Size 1,065 Sqft
Acres 0.02
Lot Dimensions 15.00 x 71.00
Property Description
Introducing 2129 Eighth Street!!! New Construction DUPLEX. Located in one of in one of the strongest and booming Multifamily Market in 19122!!! The building has 2 units, perfectly designed by KCA Design Associates. Great opportunity for first time home BUYER | INVESTOR | 1031 Exchange. Live in one and rent the other out, or receive rental income from both units. Lower UNIT ( ONE ) is a 1582 SF 3BD | 3BA Bi-level apartment with large rear yard. Pro forma rent of 2,150 / Month!!! Upper UNIT ( TWO ) is a 1583 SF 3BD | 3BA Bi-level apartment with a massive skyline Roof Deck, pro forma rent of 2,300 / Month!!! Pro forma annual rent: $53,400, Pro forma CAP: 7.8 %. Both Units feature a flexible floor plan, High ceilings, large windows and an open contemporary feel. Wide plank floors & recessed lighting. Both kitchens are home to shaker-style cabinetry, subway tile, granite countertops, stainless steel appliances. There is ample closet space and W/D hook up in both units. In a great location for commuters, Close proximity to Temple University and the Septa Regional Rail to Center City. ***Property is currently under construction with a SEPTEMBER delivery date. ***The finish photos are from another recently completed project by the same builder. FULL 10-YEAR TAX ABATEMENT!!! To Keep your operating cost LOW!!! 1 yr Builder Warranty.
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning RM1
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Heat Source Electric
Exterior
Waterfront N
Water Access N
Accessibility Other
Garage N
Building
Foundation Other
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 202100700
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Sean J Conroy • Keller Williams Philadelphia