Description
NEW CONSTRUCTION - Duplex on Germantown Ave. Located in one of the strongest and booming Multifamily Markets in 19122 with new construction going on all around. The building has 2 units. Great opportunity for first time home buyer, Investor, or 1031 exchange. Live in one and rent the other out or receive rental income from both units. This building has a lower-level apartment with 2 bedrooms and 3 Baths and a upper level apartment with 3 bedrooms, 3 full baths, and large roof deck with great views of the downtown skyline. 2nd Floor is rented for $2,109 and 1st floor unit is projected at $1,850 or $47,400 per year in income. All apartments have contemporary styling, ample closets, and a washer/dryer in each apartment. They are in a great location for commuters, Close proximity to Temple University and the Septa Regional Rail to Center City. Construction is complete and ready for immediate delivery. 10-YEAR TAX ABATEMENT is not in place yet due to a misfiling, but the seller is working on resolving it.
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0BEDS
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0.02ACRES
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0BATHS
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01/2 BATHS
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2,362SQFT
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$254$/SQFT
Description
NEW CONSTRUCTION - Duplex on Germantown Ave. Located in one of the strongest and booming Multifamily Markets in 19122 with new construction going on all around. The building has 2 units. Great opportunity for first time home buyer, Investor, or 1031 exchange. Live in one and rent the other out or receive rental income from both units. This building has a lower-level apartment with 2 bedrooms and 3 Baths and a upper level apartment with 3 bedrooms, 3 full baths, and large roof deck with great views of the downtown skyline. 2nd Floor is rented for $2,109 and 1st floor unit is projected at $1,850 or $47,400 per year in income. All apartments have contemporary styling, ample closets, and a washer/dryer in each apartment. They are in a great location for commuters, Close proximity to Temple University and the Septa Regional Rail to Center City. Construction is complete and ready for immediate delivery. 10-YEAR TAX ABATEMENT is not in place yet due to a misfiling, but the seller is working on resolving it.
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