2013 GERMANTOWN AVE Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19122
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,362 sqft
Price per Sqft $253
Subdivision Norris Square
MLS Listing ID PAPH2345572
Style Contemporary
Year Built 2024
Annual Tax Amount $818
Tax Year 2024
Lot Size 830 Sqft
Property Description
NEW CONSTRUCTION - Two Duplexes back-to-back on Germantown Ave and N. Randolph St. Located in one of the strongest and booming Multifamily Markets in 19122 with new construction going on all around. Each building has 2 units and are for sale for $620,000 each. 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. Or buy both duplex?s and have rental income from 4 apartments in one location. Each 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. Proforma rent is $2,200 for the upper unit and $2,000 for the lower or $50,400 per year for each duplex, $100,800/year from both duplexes. 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 to Keep your operating cost LOW.
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning CMX2
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Equipment Built-In Microwave,Dishwasher,Dryer - Electric,Oven/Range - Electric,Refrigerator,Stainless Steel Appliances,Washer - Front Loading
Exterior
Waterfront N
Water Access N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District The School District Of Philadelphia
Others
Special Listing Condition Standard