$590,000
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2139 N 9TH Street Philadelphia, PA 19122 Municipality: Philadelphia
Other
Residence
Beds
Baths
Sq. Ft.
0.02
Acre
Lot
Property Activity
Time on Site
days
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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 fo...r 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 yardâideal 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 quicklyâschedule a viewing and capitalize on this high-yield investment before it's too late!
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MLS#
PAPH2393714
Property Type
Other
Year Built
2024
Price per Sq. Ft.
$240.82
Lot Size
0.02
Sewer
Public Sewer
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