2010 N Randolph St
Philadelphia, PA 19122
- – beds
- – baths
- 2,350 sqft
- 902 sqft lot
- $253 per sqft
- 2024 build
High-Yield Duplex in Prime Location – 6.8% Cap Rate + 10-Year Tax Abatement Pending! This brand-new (Fall 2024) luxury duplex in Norris Square is a prime cash-flowing asset generating $4,000/month in rental income with a strong 6.8% cap rate and a pending 10-year tax abatement, keeping overhead low and profits high. Unit 1 (2 bed/2.5 bath) rents for $1,800/month and features a private backyard, while Unit 2 (3 bed/3 bath) rents for $2,200/month with a private rooftop deck offering stunning city views. Designed for maximum ROI with minimal maintenance, this all-electric property boasts modern finishes, high ceilings, recessed lighting, durable vinyl plank flooring, and sleek stainless steel appliances. Located in a high-demand rental area near Fishtown, and public transit, this is an exceptional investment opportunity with strong tenant appeal and long-term appreciation potential. Don’t miss out—schedule your private showing today!
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Last updated Feb 27, 2025
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MLS# PAPH2442980 —
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:Brick, Vinyl Siding
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Construction Completed:Yes
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Building Levels:4
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Building Units Total:2
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Structure Type:Interior Row/Townhouse
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Architectural Style:Contemporary
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Security Features:Sprinkler System - Indoor, Smoke Detector, Window Grills
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Accessibility Features:None
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Foundation Details:Concrete Perimeter
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Basement:Yes
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Basement Type:Fully Finished
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Total SqFt Source:Estimated
Interior
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Interior Features:Combination Dining/Living, Floor Plan - Open, Recessed Lighting, Sprinkler System
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Room Count:5
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:2350
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Living Area SqFt:2,350 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA, VA
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Possession:Negotiable
Location
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Directions:Norris St and N Randolph St
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Latitude:39.98182410
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Longitude:-75.14349380
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:0.02
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Lot Size Source:Estimated
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Lot SqFt:902 Sqft
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Zoning:CMX-2
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Other Structures:Above Grade
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Waterview: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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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (856) 278-0951
- Office phone:
- (215) 604-1191
Taxes
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Tax ID Number:NO TAX RECORD
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Tax Year:2024
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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:Electric
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Heating:Yes
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Heating Type:90% Forced Air
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:60+ Gallon Tank, Electric
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Water Source:Public
Appliances
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Appliances:Water Heater, Washer/Dryer Stacked, Stainless Steel Appliances, Refrigerator, Oven/Range - Electric, Disposal, Dishwasher, Built-In Microwave
Schools
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School District Name:Philadelphia City
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School District Source:3rd Party
The Community
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Pool:No Pool
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Cap Rate:6.85
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Other Units:Unit 1,Unit 2
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Vacation Rental:No
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Units Furnished:None
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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 |
|---|---|---|---|---|
|
2/6/25
Feb 6, 2025
|
Listed / Active | BRIGHT | $595,000 |
