$621,777
2114 N 8th St, Philadelphia, PA, 19122
2,661
Square feet
0.02
Acres
Introducing 2114 Eighth Street!!! New Construction DUPLEX. Located in one of the strongest and booming Multifamily Market in 19122!!! The building has 2 units, perfectly designed with a functional open floor plan. Great opportunity for first time home BUYER | INVESTOR | 1031 Exchange. Live in one and rent the other out, or receive rental income from both units. UNIT ( ONE ) is a 3BD | 2 BA Bi-level apartment with large rear yard. Pro forma rent of 2,150 / Month!!! Upper UNIT ( TWO ) is a 3BD | 3BA Bi-level apartment with a rear deck off the living room and a massive skyline Roof Deck, pro forma rent of 2,300 / Month!!! Pro forma annual rent: $53,400, Pro forma CAP: 8 %. Both Units feature a flexible floor plan, High ceilings, large windows and an open contemporary feel. Wide plank floors & recessed lighting. Both kitchens are home to shaker-style cabinetry, subway tile, quartz countertops, stainless steel appliances. There is ample closet space and W/D hook up in both units. In a great location for commuters, Close proximity to Temple University and the Septa Regional Rail to Center City. ***Property is currently under construction with an APRIL 2024 delivery date***. Qualify for a grant of up to $17,500 in free grant money, making your homeownership dreams a reality with just 3% down and low PMI for owner occupied buyers! (Income restrictions apply) 10-YEAR TAX ABATEMENT!!! To Keep your operating cost LOW!!! 1 yr Builder Warranty.
Facts & Features
| MLS® # | PAPH2343398 |
|---|---|
| Price | $621,777 |
| Bathrooms | 0.00 |
| Square Footage | 2,661 |
| Acres | 0.02 |
| Year Built | 2024 |
| Type | Multi-Family |
| Sub-Type | Duplex, Interior Row/Townhouse |
| Style | Contemporary |
| Status | Active |
Community Information
| Address | 2114 N 8th St |
|---|---|
| Area | 19122 |
| Subdivision | LUDLOW |
| City | Philadelphia |
| County | PHILADELPHIA-PA |
| State | PA |
| Municipality | PHILADELPHIA |
| Zip Code | 19122 |
| Senior Community | No |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Central |
|---|---|
| Cooling | Central A/C |
| Has Basement | Yes |
| Basement | Fully Finished |
| Fireplace | No |
Exterior
| Exterior | Brick and Siding |
|---|---|
| Foundation | Other |
School Information
| District | PHILADELPHIA CITY |
|---|
Additional Information
| Date Listed | April 15th, 2024 |
|---|---|
| Days on Market | 15 |
| Zoning | RM1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | KW Empower |
|---|