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2129 N 8TH Street

PHILADELPHIA, PA 19122
  • $615,000
  • STATUS: Active Under Contract
  • ON SITE: 107 Days
  • ID#: PAPH2126204
Under Contract
$615,000
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,165
    SQFT
  • $194
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2022
County:

School Ratings & Info

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.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Main Line. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-09-24T23:50:51.343.
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2129 N 8TH Street PHILADELPHIA, PA 19122

  • Price: $615,000
  • Status: Active Under Contract
  • On Site: 107 Days
  • ID#: PAPH2126204
0
Beds
0
Baths
0
½ Baths
0.02
Acres
3,165
SQFT
$194
$/SQFT
2022
Built
Neighborhood:
Ludlow
County:
Philadelphia
Area:
19122 (19122)
School District:
The School District Of Philadelphia
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.
Exterior Features

Architectural Style Contemporary Construction Materials Brick Garage YN No Other Structures Above GradeBelow Grade Parking Types On Street Pool No Pool Property Condition Excellent Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 3165 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplaces Total 0 Heating Central Heating YN Yes Single Room Units 0 Three Bedroom Units 2 Two Bedroom Units 0

Property Features

Accessibility Features Other Assessment Year 2022 Central Air YN Yes Construction Completed YN No Cooling Fuel Electric Foundation Details Other Heating Fuel Electric Hot Water Electric Municipality Philadelphia Navigable Water YN N New Construction YN Yes Number Of Units Total 2 Original MLSNumber 801636727760 Ownership Interest Fee Simple Possession 90-120 Days Cd Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 341.00 Tax Assessment Amount 24400.00 Tax Lot 155 Vacation Rental YN No Water Source Public Zoning Rm1

Listing courtesy of Keller Williams Philadelphia: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Main Line. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-09-24T23:50:51.343.
 
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