2112 North 8th Street

Philadelphia PA 19122

1929 sq. ft.

942 sq. ft.

Duplex

Currently for sale - view listing

Overview

**Photos of property will be updated this week* Duplex | 5 Beds | 4.5 Baths | 2 Units | 7.0% CAP Rate | 10-Year Tax Abatement Fantastic investment or owner-occupant opportunity in one of Philadelphia?s hottest multifamily submarkets ? 19122! This newer construction duplex offers a strong pro forma 7% CAP rate with flexible floor plans and high-end finishes throughout. Unit 1 (Lower): 3BD / 2.5BA bi-level unit with private rear yard. Projected rent: $2,100/mo Unit 2 (Upper): 2BD / 2BA bi-level unit, leased for $1,800/mo on annual lease. Total Pro Forma Rent: $46,800/year Pro Forma CAP Rate: 7.0% 10-Year Tax Abatement in place. Each unit features open-concept living, wide-plank flooring, recessed lighting, stainless steel appliances, shaker cabinetry, granite countertops, subway tile backsplash, W/D hookups, and large windows for natural light. Located near Temple University, SEPTA Regional Rail, and major transit corridors. Ideal for commuters, students, and professionals alike. Perfect for: Owner-occupants (live in one, rent the other) Investors seeking passive income 1031 Exchange buyers Don?t miss this high-yield, low-maintenance investment opportunity in a rapidly appreciating neighborhood!

Features

4 bedrooms

1929 sq. ft. floor area

942 sq. ft. lot size

Duplex

Property history for 2112 North 8th Street

2022

Sold

Undisclosed

09 Jun 2022

Happy sellers in Philadelphia

We have insufficient information to provide an overview of customer satisfaction for Philadelphia. Viewing the agent profiles, reviews and sales for Philadelphia can provide insights for this location.