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1345 W York Street

Philadelphia, PA 19132

– beds
– baths
3,000 sqft
965 sqft lot
$216 per sqft
2022 build

FULLY RENTED , TURN IN KEY, INCOME GENERATING DUPLEX !!! Welcome to this incredible investment opportunity! This newly constructed duplex is situated in a prime location just steps away from Temple University Main Campus and conveniently close to the subway and bus stop on Broad Street. The duplex boasts high-end finishes throughout, and each unit is a spacious 3 bed x 3 bath, perfect for maximizing rental income. With a full 10-year tax abatement, this property is a cash flow machine with a high % cap rate return on investment, even with a 7.5 % mortgage! Unit #1 is already rented out for $1800 monthly, making this an ideal investment for those who want to live in one unit and rent out the other. Unit #2 has been rented for $2000. This amazing product is collecting $3800 rent + 100$ water charge. The attention to detail and design is evident as soon as you walk in the door, and this is a rare opportunity to invest in a property with tremendous upside for rapid appreciation. Don't miss out on this fantastic investment opportunity located right by Broad Street!

Listing courtesy of BRIGHT / HomeSmart Realty Advisors

Last checked: Checking… • Last updated Oct 17, 2024 •

MLS# PAPH2395232 —

The Building

Year Built:

2022
Year Built Source:

Estimated
New Construction:

Yes
Construction Completed:

Yes
Construction Materials:

Brick, Aluminum Siding
Structure Type:

Other
Architectural Style:

Contemporary
Building Units Total:

2
Roof:

Fiberglass
Accessibility Features:

None
Basement:

Yes
Basement Type:

Fully Finished
Total SqFt Source:

Estimated
Total Below Grade SqFt Source:

Estimated

Interior

Room Count:

6
Living Area SqFt Source:

Estimated

Room Dimensions

Total SqFt:

3000
Living Area SqFt:

3,000 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Immediate

Location

Directions:

GPS
Latitude:

39.98937000
Longitude:

-75.15454000

The Property

Property Type:

Multi-Family
Property Subtype:

Duplex
Property Condition:

Excellent
Lot Size Units:

Square Feet
Lot Size Acres:

0.02
Lot Size Source:

Estimated
Lot Size Dimensions:

15.00 x 64.00
Lot Dimensions Source:

Estimated
Lot SqFt:

965 Sqft
Zoning:

RM1
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

SR
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

371367600
Tax Year:

2023
Tax Lot:

131
Tax Annual Amount:

$655
Tax Assessed Value:

$46,800
Year Assessed:

2023
School Tax:

359.0
City/Town Tax:

295.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Central A/C
Central Air:

Yes
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Forced Air
Heating Fuel:

Natural Gas

Utilities

Sewer/Septic:

Public Sewer
Hot Water:

60+ Gallon Tank
Water Source:

Public

Schools

School District Name:

The School District Of Philadelphia
School District Source:

Listing Agent

The Community

Pool:

No Pool

Parking

Garage:

No
Type of Parking:

On Street

Extra Units

Vacation Rental:

No
Three Bedroom Units:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/11/24 Oct 11, 2024	Price Changed	BRIGHT	$650,000	18.2%
10/2/24 Oct 2, 2024	Price Changed	BRIGHT	$550,000	-1.8%
9/10/24 Sep 10, 2024	Listed / Active	BRIGHT	$560,000

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This multifamily located in Lower North, Philadelphia, PA 19132 is currently for sale for $650,000. 1345 W York Street is a 3,000 square foot multifamily with – beds and – baths. 1345 W York Street is in the Lower North neighborhood of Philadelphia and has a WalkScore® of 77, making it very walkable. This multifamily is in the attendance area of Kensington Creative And Performing Arts High School, John F. Hartranft School, Kensington High School, and Kensington Health Sciences Academy.

Listing Courtesy of: BRIGHT and HomeSmart Realty Advisors.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.