$740,000
NEW CONSTRUCTION

Estimated payment $4,117/month

Total Views 1,435
-- Bed
-- Bath
2,800 Sq Ft
$264 Price per Sq Ft

Highlights

  • New Construction
  • 2-minute walk to Lancaster Avenue And 40Th Street
  • Upgraded Countertops
  • Contemporary Architecture
  • No HOA
  • 1-minute walk to Urban Thinkscape

About This Home

Introducing an amazing investment opportunity in the heart of University City. This recently constructed duplex, completed in 2023, offers not only modern luxury and strong rental income but also the highly sought-after original Philadelphia 10-year tax abatement, with eight years remaining an advantage that enhances long-term returns. Just moments from Drexel University and the University of Pennsylvania, this property features two meticulously designed bi-level apartments that seamlessly blend luxury and functionality. The open-concept layouts are bathed in natural light, complemented by wide plank flooring, gleaming stainless-steel appliances, and gourmet kitchens outfitted with dual-colored cabinetry, quartz countertops, and stylish accent lighting. Each unit boasts three spacious bedrooms and three well-appointed bathrooms, ensuring ample accommodation for tenants. Unit A is currently leased at $2,450 per month, while Unit B rents for $2,650, generating a combined $5,100 in monthly rental income. Both units feature expansive common areas and oversized walk-in closets, with Unit 1 offering a private backyard and Unit 2 showcasing a stunning roof deck with panoramic city views. Designed for convenience, the property includes separate metering for gas, water, and electric, along with in-unit washers and dryers. Its prime location near Drexel University and Penn Presbyterian Hospital makes it an ideal choice for students, medical professionals, and university staff. With a Walkscore of 81, a Transit Score of 61, and a Bike Score of 98, residents enjoy effortless access to public transportation, University City, and Downtown Philadelphia. Surrounded by a diverse array of restaurants, cafes, and boutiques, this property epitomizes urban living at its finest. Contact us today to learn more about 610 Union St and take the next step in elevating your real estate portfolio.

Listing Agent

Eric Dvotsky

BHHS Fox & Roach-Center City Walnut License #rs332410 Listed on: 03/31/2025

BHHS Fox & Roach-Center City Walnut

Co-Listing Agent

Jason Rabinovich

BHHS Fox & Roach-Center City Walnut License #AB068249

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,117

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 990 Sq Ft Lot
  • Lot Dimensions are 15.00 x 66.00
  • Sprinkler System
  • Property is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Contemporary Architecture
  • Slab Foundation
  • Masonry

Interior Spaces

  • 2,800 Sq Ft Home
  • Recessed Lighting
  • Family Room Off Kitchen

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient Appliances

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Public Septic

Listing and Financial Details

  • Assessor Parcel Number 242235510

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • No Pets Allowed

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,117

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Contemporary
  • Habitable Residence: No
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: Yes
  • Federal Flood Zone: No
  • Year Built: 2023
  • Building Winterized: No
  • Buildout Allowance: No
  • Remarks Public: Introducing an amazing investment opportunity in the heart of University City. This recently constructed duplex, completed in 2023, offers not only modern luxury and strong rental income but also the highly sought-after original Philadelphia 10-year tax abatement, with eight years remaining an advantage that enhances long-term returns. Just moments from Drexel University and the University of Pennsylvania, this property features two meticulously designed bi-level apartments that seamlessly blend luxury and functionality. The open-concept layouts are bathed in natural light, complemented by wide plank flooring, gleaming stainless-steel appliances, and gourmet kitchens outfitted with dual-colored cabinetry, quartz countertops, and stylish accent lighting. Each unit boasts three spacious bedrooms and three well-appointed bathrooms, ensuring ample accommodation for tenants. Unit A is currently leased at $2,450 per month, while Unit B rents for $2,650, generating a combined $5,100 in monthly rental income. Both units feature expansive common areas and oversized walk-in closets, with Unit 1 offering a private backyard and Unit 2 showcasing a stunning roof deck with panoramic city views. Designed for convenience, the property includes separate metering for gas, water, and electric, along with in-unit washers and dryers. Its prime location near Drexel University and Penn Presbyterian Hospital makes it an ideal choice for students, medical professionals, and university staff. With a Walkscore of 81, a Transit Score of 61, and a Bike Score of 98, residents enjoy effortless access to public transportation, University City, and Downtown Philadelphia. Surrounded by a diverse array of restaurants, cafes, and boutiques, this property epitomizes urban living at its finest. Contact us today to learn more about 610 Union St and take the next step in elevating your real estate portfolio.
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Dryer, Energy Efficient Appliances, Water Heater, Washer, Stainless Steel Appliances, Refrigerator, Oven/Range - Gas, Microwave, Intercom
  • Interior Amenities: Upgraded Countertops, Sprinkler System, Recessed Lighting, Family Room Off Kitchen
  • Fireplace: No
  • Foundation Details: Slab
  • Basement: No
  • Total Sq Ft: 2800
  • Living Area Sq Ft: 2800
  • Price Per Sq Ft: 264.29
  • Above Grade Finished Sq Ft: 2800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 610

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Access To Pool: No
  • Construction Completed: No
  • Pool Private: No
  • Spa: No
  • View: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No
  • Fencing: No

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Open Parking: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: No
  • Electricity On Property: No
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Intercom, Sprinkler System - Indoor
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District Key: 300200397108
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Crops Included: No
  • Farm Credit Service Incl: No
  • Irrigation Water Rights: No
  • Land Lease: No
  • Lot Size Acres: 0.02
  • Lot Dimensions: 15.00 x 66.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 990.00
  • Property Attached Yn: No
  • Property Condition: Excellent
  • Zoning: RM-1
  • Farmland Preservation: No

Green Features

  • Green Verification: No

Rental Info

  • Ground Rent Exists: No
  • Ground Rent Pymnt Freq: Annually
  • Lease Considered: No
  • Lease In Effect: No
  • Pets Allowed: No
  • Rent Control: No
  • Smoking Allowed Yn: No
  • Units Leased Count: 2
  • Vacation Rental: No
  • Property Manager: No
  • Rent Spree Online Application: No

Multi Family

  • Number Of Units Vacant: 2
  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 1117.00
  • Assessor Parcel Number: 242235510
  • Tax Data Updated: No
  • Tax Year: 2025
  • Tax Opportunity Zone: No

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

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 $368 $79,800 $79,800 --
2024 $368 $79,800 $79,800 --
2023 -- $26,300 $26,300 $57,040
2022 $0 $71,300 $0 $0
2021 $1,795 $41,800 $12,540 $29,260
2020 $1,795 $0 $0 $0
2019 $1,795 $0 $0 $0
2018 $1,795 $0 $0 $0
2017 -- $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $74,600 $10,095 $64,505
2012 -- $800 $90 $710
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 For Sale $740,000 -- $264 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $110,000 Sentex Settlement Svcs Inc
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $518,000 New Conventional
Open $1,099,980 Construction
Previous Owner $183,980 Construction
Source: Public Records

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Source: Bright MLS

MLS Number: PAPH2464294

Bright MLS

APN: 242235510