**Photos of property will be updated this week* Duplex | 5 Beds | 4.5 Baths | 2 Units | 7.0% CAP Rate | 10-Year Tax Abatement Fantastic investment or owner-occupant opportunity in one of Philadelphia’s hottest multifamily submarkets – 19122! This newer construction duplex offers a strong pro forma 7% CAP rate with flexible floor plans and high-end finishes throughout. Unit 1 (Lower): 3BD / 2.5BA bi-level unit with private rear yard. Projected rent: $2,100/mo Unit 2 (Upper): 2BD / 2BA bi-level unit, leased for $1,800/mo on annual lease. Total Pro Forma Rent: $46,800/year Pro Forma CAP Rate: 7.0% 10-Year Tax Abatement in place. Each unit features open-concept living, wide-plank flooring, recessed lighting, stainless steel appliances, shaker cabinetry, granite countertops, subway tile backsplash, W/D hookups, and large windows for natural light. Located near Temple University, SEPTA Regional Rail, and major transit corridors. Ideal for commuters, students, and professionals alike. Perfect for: Owner-occupants (live in one, rent the other) Investors seeking passive income 1031 Exchange buyers Don’t miss this high-yield, low-maintenance investment opportunity in a rapidly appreciating neighborhood!
For sale
$550,000
2112 N 8th St, Philadelphia, PA 19122
4beds
5baths
1,929sqft
Est.:
Duplex
Built in 1915
-- sqft lot
$536,800 Zestimate®
$285/sqft
$-- HOA
What's special
High-end finishesPrivate rear yardBi-level unitRecessed lightingSubway tile backsplashShaker cabinetryFlexible floor plans
- 118 days
- on Zillow |
- 81 |
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