$665,000
UNDER CONTRACT NEW CONSTRUCTION

Estimated payment $3,762/month

Total Views 545
-- Bed
-- Bath
2,259 Sq Ft
$294 Price per Sq Ft

Highlights

  • New Construction
  • Central Heating and Cooling System
  • Vinyl Flooring
  • Contemporary Architecture
  • Property is in excellent condition

About This Home

This newly renovated Temple Area duplex, boasting a cap rate of 9.6% and fully renovated in 2020, is a prime investment for long-term appreciation and consistent cash flow. Unit 1 offers 3 bedrooms and 2 bathrooms, with a shared kitchen and living area. Unit 2 is a spacious bi-level unit with 5 bedrooms and 4 bathrooms. Both units are fully occupied and feature in-unit washer/dryer and full kitchens with dishwashers. Just a 6-minute walk to Temple University and two blocks from Broad Street, tenants enjoy easy access to SEPTA and the subway, providing quick connections to all of Philadelphia. Located near Giant on N Broad, The Met for live music, MilkCrate Coffee, and other popular spots, this duplex is a fantastic addition to any rental portfolio. Schedule your showing today!

Listing Agent

Kate Vail

Elfant Wissahickon-Rittenhouse Square License #RS278677 Listed on: 01/28/2025

Elfant Wissahickon-Rittenhouse Square

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,740

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 1,226 Sq Ft Lot
  • Lot Dimensions are 17.00 x 73.00
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Contemporary Architecture
  • Flat Roof Shape
  • Combination Foundation
  • Block Foundation
  • Masonry

Interior Spaces

  • 2,259 Sq Ft Home
  • Vinyl Flooring
  • Basement

Kitchen

  • Built-In Range
  • Built-In Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Schools

  • Robert Vaux High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 160
  • Assessor Parcel Number 471240010

Community Details

Overview

  • 2 Units
  • Temple University Subdivision

Building Details

  • Income includes apartment rentals
  • Net Operating Income $60,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,740

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: Yes
  • Expected On Market: 1/29/2025 12:00:00 AM
  • Year Built: 2020
  • Year Renovated: 2020
  • Automatically Close On Close Date: No
  • Remarks Public: This newly renovated Temple Area duplex, boasting a cap rate of 9.6% and fully renovated in 2020, is a prime investment for long-term appreciation and consistent cash flow. Unit 1 offers 3 bedrooms and 2 bathrooms, with a shared kitchen and living area. Unit 2 is a spacious bi-level unit with 5 bedrooms and 4 bathrooms. Both units are fully occupied and feature in-unit washer/dryer and full kitchens with dishwashers. Just a 6-minute walk to Temple University and two blocks from Broad Street, tenants enjoy easy access to SEPTA and the subway, providing quick connections to all of Philadelphia. Located near Giant on N Broad, The Met for live music, MilkCrate Coffee, and other popular spots, this duplex is a fantastic addition to any rental portfolio. Schedule your showing today!
  • Special Features: 130

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer, Washer
  • Flooring Type: Vinyl
  • Fireplace: No
  • Foundation Details: Block
  • Room Count: 8
  • Basement: Yes
  • Basement Type: Combination
  • Total Sq Ft: 2259
  • Living Area Sq Ft: 2259
  • Price Per Sq Ft: 294.38
  • Above Grade Finished Sq Ft: 2259
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1512

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Construction Completed: Yes
  • Roof: Flat
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: PHILADELPHIA CITY
  • High School: ROBERT VAUX
  • High School Source: 3rd Party
  • School District Key: 803408593408
  • School District Source: 3rd Party
  • High School: ROBERT VAUX

Lot Info

  • Land Use Code: O50
  • Lot Size Acres: 0.03
  • Lot Dimensions: 17.00 x 73.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1226.00
  • Property Condition: Excellent
  • Zoning: RM1

Rental Info

  • Existing Lease Type: Long Term
  • Owner Pays: Water, Common Area Maintenance, Heater Maintenance Contract, Pest Control, Repairs, Sewer, Snow Removal, Taxes - Real Estate
  • Rent Control: No
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Gross Income: 71700.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 1740.00
  • Assessor Parcel Number: 471240010
  • Tax Lot: 160
  • Tax Total Finished Sq Ft: 2259
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: PHILADELPHIA CITY

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $0 $567,300 $113,460 $453,840
2024 $0 $567,300 $113,460 $453,840
2023 $0 $655,100 $131,000 $524,100
2022 $0 $655,100 $0 $0
2021 $4,938 $64,700 $35,974 $28,726
2020 $4,938 $0 $0 $0
2019 $4,938 $0 $0 $0
2018 $4,938 $0 $0 $0
2017 -- $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $88,000 $8,638 $79,362
2012 -- $4,352 $3,936 $416
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2025 02/17/25 Price Changed $665,000 -5.0% $294 / Sq Ft
01/28/2025 01/28/25 For Sale $700,000 +316.7% $310 / Sq Ft
07/23/2020 07/23/20 Sold $168,000 0.0% $74 / Sq Ft
04/27/2020 04/27/20 Pending -- -- --
04/09/2020 04/09/20 For Sale $168,000 -- $74 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $168,000 Community First Abstract
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $506,250 Construction
Open $1,000,000 Commercial
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2437712

Bright MLS

APN: 471240010