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1942 N 32nd St

Philadelphia PA 19121

5
1152 sq. ft.
Duplex
Currently for sale - view listing

Overview

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.

Features

5 bedrooms
1152 sq. ft. lot size
Duplex

Property history for 1942 N 32nd St

2022
Sold
$40,000
11 Feb 2022 by M.Ari Miller, of Real Estate Management Advisors LLC
2018
Sold
$40,000
25 May 2018 by Gregory Moton, of RBF Real Estate, LLC.

Happy sellers in Philadelphia

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Local market activity for 5 bedroom duplexes in Philadelphia

In the last 12 months, 7 five-bedroom duplexes similar to 1942 N 32nd St, have been sold.

This represents a 25% increase in five-bedroom duplexes sales when compared to the previous 12 months.

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