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343 W Master Street

PHILADELPHIA, PA 19122
  • $780,000
  • STATUS: Active
  • ON SITE: 47 Days
  • ID#: PAPH2411010
UPDATED: 35 min ago
$780,000
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,140
    SQFT
  • $684
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2023
County:

School Ratings & Info

Description

Discover a unique investment opportunity with two fully upgraded three-bedroom, two-bathroom side by side homes at 343 Master St and 341 Master St, located in the heart of the vibrant and rapidly appreciating Olde Kensington neighborhood. Both properties boast modern open-concept designs, featuring gourmet kitchens with stainless steel appliances, granite countertops, and expansive living areas. Each home also includes private backyards, perfect for relaxing or entertaining. The second floor offers two spacious bedrooms alongside a contemporary full bath, while the third-floor master suites provide luxurious retreats with upscale en-suite bathrooms. With 341 Master St already generating consistent rental income through a Section 8 tenant (100% PHA pay), this portfolio delivers immediate cash flow for investors. These properties are strategically located near the thriving neighborhoods of Fishtown and Northern Liberties, known for their trendy restaurants, boutique shops, and cultural hotspots. Easy access to public transportation and major highways like I-95 enhances the appeal. With a tax abatement in place and Olde Kensington experiencing continuous growth, this portfolio presents an excellent opportunity to capitalize on the area's ongoing development and increasing property values.

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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: 2024-12-04T18:51:52.713.
www.lisasellsdelaware.com/homes/156840994
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343 W Master Street PHILADELPHIA, PA 19122

  • Price: $780,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 35 min ago
  • ID#: PAPH2411010
0
Beds
0
Baths
0
½ Baths
0.02
Acres
1,140
SQFT
$684
$/SQFT
2023
Built
Neighborhood:
Olde Kensington
County:
Philadelphia
Area:
19122 (19122)
School District:
The School District Of Philadelphia
Property Description
Discover a unique investment opportunity with two fully upgraded three-bedroom, two-bathroom side by side homes at 343 Master St and 341 Master St, located in the heart of the vibrant and rapidly appreciating Olde Kensington neighborhood. Both properties boast modern open-concept designs, featuring gourmet kitchens with stainless steel appliances, granite countertops, and expansive living areas. Each home also includes private backyards, perfect for relaxing or entertaining. The second floor offers two spacious bedrooms alongside a contemporary full bath, while the third-floor master suites provide luxurious retreats with upscale en-suite bathrooms. With 341 Master St already generating consistent rental income through a Section 8 tenant (100% PHA pay), this portfolio delivers immediate cash flow for investors. These properties are strategically located near the thriving neighborhoods of Fishtown and Northern Liberties, known for their trendy restaurants, boutique shops, and cultural hotspots. Easy access to public transportation and major highways like I-95 enhances the appeal. With a tax abatement in place and Olde Kensington experiencing continuous growth, this portfolio presents an excellent opportunity to capitalize on the area's ongoing development and increasing property values.
Exterior Features

Architectural Style Other Construction Materials Masonry Garage YN No Parking Features Public Parking Types On Street Pool No Pool Property Condition Excellent Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 1140 Appliances Built-In MicrowaveDishwasherDryerOven/Range - GasWasherRefrigerator Basement Fully FinishedHeated Basement YN Yes Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Heating Central Heating YN Yes Inclusions WasherDryerRefrigeratorStoveDishwasherand Microwave Interior Features Floor Plan - OpenKitchen - GourmetRecessed Lighting Single Room Units 0 Spa YN No Three Bedroom Units 2 Two Bedroom Units 0 Units Furnished None

Property Features

Acceptable Financing CashConventionalFHANegotiableVA Accessibility Features None Central Air YN Yes Construction Completed YN No Cooling Fuel Electric Existing Lease Type Yearly Foundation Details Slab Gross Income 49932.00 Heating Fuel Natural Gas Historic YN No Hot Water Electric Municipality PHILADELPHIA Navigable Water YN N Net Operating Income 39432.00 New Construction YN Yes Number Of Units Leased 1 Number Of Units Total 1 Number Of Units Vacant 1 Original MLSNumber 803428482838 Owner Pays Taxes - Real Estate Ownership Interest Fee Simple Property Sub Type Duplex Sale Type Standard Sewer Public Sewer Structure Design Type End of Row/Townhouse Tax Annual Amount 1679.00 Tax Lot 3048 Total Actual Rent 49932.00 Vacation Rental YN No Water Source Public Year Built Effective 2023 Zoning RSA5

Listing courtesy of BHHS Fox & Roach-Center City Walnut: .


©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: 2024-12-04T18:51:52.713.
 
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