UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,411 sqft
Price per Sqft $146
MLS Listing ID PAPH2560498
Style Other
Abv Grd Liv Area 3,411
Year Built 2013
Annual Tax Amount $11,590
Tax Year 2025
Lot Size 800 Sqft
Acres 0.02
Lot Dimensions 15.00 x 53.00
Property Sub-Type Duplex
Source BRIGHT
Property Description
Currently, one room is rented on a month to month lease for $550/month, and the property has the potential to generate $4,400/month if fully rented, or $2,200/month from one unit to help offset a mortgage for an owner occupant. The property is currently assessed at $828,000, resulting in overinflated taxes. A successful tax appeal could dramatically lower the taxes, increasing the property's cash flow and overall value. Based on potential rental income, this property offers a pro forma cap rate of 8%.
Built in 2013, this duplex combines location, modern living, and strong income potential in a highly desirable Temple area neighborhood. Don't miss your chance to own a turnkey property with multiple paths to profitability!
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Equipment Dishwasher, Dryer, Water Heater, Washer, Stove, Refrigerator, Oven/Range - Electric, Microwave
Fireplace N
Appliance Dishwasher, Dryer, Water Heater, Washer, Stove, Refrigerator, Oven/Range - Electric, Microwave
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Above Ground Finished SqFt 3411
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 471157600
Ownership Fee Simple
SqFt Source 3411
Special Listing Condition Standard
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