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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
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
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Bought with Sean J Conroy • Keller Williams Philadelphia