3,411 SqFt
3,411 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,411 sqft
Price per Sqft $146
MLS Listing ID PAPH2560498
Style Other
Abv Grd Liv Area 3,411
Year Built 2013
Annual Tax Amount $11,590
Tax Year 2025
Lot Size 800 Sqft
Acres 0.02
Lot Dimensions 15.00 x 53.00
Property Sub-Type Duplex
Source BRIGHT
Property Description
Currently, one room is rented on a month to month lease for $550/month, and the property has the potential to generate $4,400/month if fully rented, or $2,200/month from one unit to help offset a mortgage for an owner occupant. The property is currently assessed at $828,000, resulting in overinflated taxes. A successful tax appeal could dramatically lower the taxes, increasing the property's cash flow and overall value. Based on potential rental income, this property offers a pro forma cap rate of 8%.
Built in 2013, this duplex combines location, modern living, and strong income potential in a highly desirable Temple area neighborhood. Don't miss your chance to own a turnkey property with multiple paths to profitability!
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RM1
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Equipment Dishwasher, Dryer, Water Heater, Washer, Stove, Refrigerator, Oven/Range - Electric, Microwave
Fireplace N
Appliance Dishwasher, Dryer, Water Heater, Washer, Stove, Refrigerator, Oven/Range - Electric, Microwave
Heat Source Electric
Exterior
Water Access N
Accessibility None
Garage N
Building
Above Ground Finished SqFt 3411
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 471157600
Ownership Fee Simple
SqFt Source 3411
Special Listing Condition Standard
21 Belle Mead Griggstown Road Suite 107, Belle Mead, NJ, 08502, USA