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2139 N 9TH Street

PHILADELPHIA, PA 19122
  • $590,000
  • STATUS: Active
  • ON SITE: 94 Days
  • ID#: PAPH2393714
UPDATED: 30 min ago
$590,000
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,450
    SQFT
  • $241
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2024
County:

School Ratings & Info

Description

Seize a lucrative investment opportunity with 2139 N 9th, a newly constructed duplex in the booming 19122 multifamily market. This property is particularly appealing with Unit 2 having been rented out for $2,100 per month, showcasing its strong income potential. This duplex, meticulously designed for modern living, offers a compelling chance for investors to secure high returns and long-term value.The lower unit features a spacious 1250 SF bi-level layout with 3 bedrooms, 3 bathrooms, and a generous rear yard"ideal for attracting quality tenants. The upper unit, which previously rented for $2,100, includes a 1300 SF bi-level design with 3 bedrooms, 3 bathrooms, and an impressive rooftop deck with stunning skyline views. With a projected pro forma annual rent of $50,000, this property delivers a robust cap rate of over 7%.Both units offer modern, flexible floor plans, high ceilings, large windows, and sleek finishes including wide plank flooring, recessed lighting, shaker-style cabinetry, subway tile, quartz countertops, and stainless steel appliances. Located in a high-demand area near Temple University and the Septa Regional Rail, this property is perfectly positioned for strong rental demand.Benefiting from a 10-year tax abatement to keep operating costs low and a 1-year builder warranty for added security, this investment opportunity blends immediate income potential with long-term growth. Act quickly"schedule a viewing and capitalize on this high-yield investment before it's too late!

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©2024 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 The Lisa Mathena Group. 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: 2024-12-09T19:50:58.54.
www.lisasellsdelaware.com/homes/154761078
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2139 N 9TH Street PHILADELPHIA, PA 19122

  • Price: $590,000
  • Status: Active
  • On Site: 94 Days
  • Updated: 30 min ago
  • ID#: PAPH2393714
0
Beds
0
Baths
0
½ Baths
0.02
Acres
2,450
SQFT
$241
$/SQFT
2024
Built
Neighborhood:
Norris Square
County:
Philadelphia
Area:
19122 (19122)
School District:
The School District Of Philadelphia
Property Description
Seize a lucrative investment opportunity with 2139 N 9th, a newly constructed duplex in the booming 19122 multifamily market. This property is particularly appealing with Unit 2 having been rented out for $2,100 per month, showcasing its strong income potential. This duplex, meticulously designed for modern living, offers a compelling chance for investors to secure high returns and long-term value.The lower unit features a spacious 1250 SF bi-level layout with 3 bedrooms, 3 bathrooms, and a generous rear yard"ideal for attracting quality tenants. The upper unit, which previously rented for $2,100, includes a 1300 SF bi-level design with 3 bedrooms, 3 bathrooms, and an impressive rooftop deck with stunning skyline views. With a projected pro forma annual rent of $50,000, this property delivers a robust cap rate of over 7%.Both units offer modern, flexible floor plans, high ceilings, large windows, and sleek finishes including wide plank flooring, recessed lighting, shaker-style cabinetry, subway tile, quartz countertops, and stainless steel appliances. Located in a high-demand area near Temple University and the Septa Regional Rail, this property is perfectly positioned for strong rental demand.Benefiting from a 10-year tax abatement to keep operating costs low and a 1-year builder warranty for added security, this investment opportunity blends immediate income potential with long-term growth. Act quickly"schedule a viewing and capitalize on this high-yield investment before it's too late!
Exterior Features

Architectural Style Contemporary Construction Materials Aluminum SidingBrick Exterior Features Roof Deck Garage YN No Parking Types On Street Pool No Pool Property Condition Excellent Roof Fiberglass Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2450 Basement Fully Finished Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Heating 90% Forced Air Heating YN Yes Interior Features Combination Dining/LivingFloor Plan - OpenSprinkler System Rooms Total 6 Security Features Security GateSprinkler System - Indoor Single Room Units 0 Three Bedroom Units 2 Two Bedroom Units 0

Property Features

Acceptable Financing CashConventionalFHA Accessibility Features None Central Air YN Yes Construction Completed YN Yes Cooling Fuel Electric Existing Lease Type Yearly Heating Fuel Electric Hot Water 60+ Gallon Tank Municipality PHILADELPHIA Navigable Water YN N New Construction YN Yes Number Of Units Total 2 Number Of Units Vacant 1 Original MLSNumber 803339107834 Ownership Interest Fee Simple Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type Other Tax Annual Amount 818.00 Tax Lot 322 Vacation Rental YN No Water Source Public Zoning RM1

Listing courtesy of HomeSmart Realty Advisors: .


©2024 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 The Lisa Mathena Group. 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: 2024-12-09T19:50:58.54.
 
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