1942 N 32nd Street
Philadelphia, PA 19121
- – beds
- – baths
- – sqft
- 1,152 sqft lot
- 2024 build
1942 N 32nd St presents an exceptional investment opportunity in a rapidly appreciating area. This newly constructed property benefits from a 10-year tax abatement, offering low expenses and high appeal for tenants. The building consists of two distinct units, each with unique features designed to attract long-term leases. This perfect investment property is set to generate $4,500+ a month in rental income and also offers the opportunity to live in one unit while renting out the second. The first unit is a bi-level space with 2 bedrooms and 2 bathrooms. It boasts an open living,dining layout with a modern and nicely designed kitchen. The first bedroom and bathroom are located on the main floor in addition to a private, spacious backyard, ideal for hosting gatherings and outdoor relaxation. The lower level includes a second en-suite bedroom with a custom double vanity and designer tile, alongside a large open area that can serve as a second living room, office, or gym. Additional features include a laundry room, high ceilings, custom shelving, abundant natural light and more. The second unit is another bi-level gem, starting with a large, bright living and dining area complete with custom shelving and a fireplace, leading to a charming balcony for outdoor enjoyment. The chef's kitchen features a large island, full appliance package, open shelving, and beautiful backsplash tiles. Also on the first floor are a bathroom and a bedroom with large windows and custom desk shelving for office use. Upstairs, you'll find two en-suite bedrooms, with the master suite offering a custom closet. Also on the second floor is the laundry room. Additional features include custom and rustic beams, shelving, vanities, designer tile finishes, hardwood floors throughout, high ceilings with unique light fixtures, a camera intercom system, and keypad locks. The property comes with a 10-year tax abatement and a 1-year builder's warranty. With its blend of modern amenities and unique character, this property is poised to attract tenants and ensure continuous leasing success. Located just steps away from the famous Fairmount park, public transportation and all Brewerytown local restaurants and stores. If you are looking for a unique built and a great investment for years to come, this is for you.
Listing courtesy of BRIGHT / Compass Pennsylvania, LLC
Last checked:
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Last updated Oct 29, 2024
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MLS# PAPH2410010 —
The Building
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Year Built:2024
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Year Built Source:Estimated
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New Construction:Yes
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Construction Materials:Other
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Construction Completed:No
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Building Units Total:2
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Structure Type:Other
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Architectural Style:Other
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Accessibility Features:None
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Living Area SqFt:0 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA
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Possession:0-30 Days CD, 120-180 Days
Location
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Directions:32nd st
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Latitude:39.98675156
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Longitude:-75.18601227
The Property
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Property Type:Multi-Family
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Property Subtype:Duplex
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Property Condition:Excellent
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Lot Size Units:Square Feet
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Lot Size Acres:0.03
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Lot Size Source:Assessor
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Lot Size Dimensions:16.00 x 72.00
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Lot Dimensions Source:Assessor
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Lot SqFt:1,152 Sqft
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Zoning:RSA5
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:SR
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (267) 205-1369
- Office phone:
- (267) 435-8015
Taxes
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Tax ID Number:323324000
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Tax Year:2024
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Tax Lot:167
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Tax Annual Amount:$1,090
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Tax Assessed Value:$77,900
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Year Assessed:2024
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School Tax:610.0
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City/Town Tax:479.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Natural Gas
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Heating:Yes
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Heating Type:Central, 90% Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Schools
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School District Name:Philadelphia City
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School District Source:Listing Agent
The Community
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Pool:No Pool
Parking
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Garage:No
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Type of Parking:None
Extra Units
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Vacation Rental:No
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Two Bedroom Units:1
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Three Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/22/24
Oct 22, 2024
|
Listed / Active | BRIGHT | $549,000 |