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Home For Sale

Picture of Home For Sale in Philadelphia, Pennsylvania, United States

$620,000

2013 Germantown Ave
Philadelphia, Pennsylvania, United States

5bd 5.5ba

Listed By: Realtyww Info

Listed On: 07/31/2025

Listing ID: GL11756827 View More Details

Description

NEW CONSTRUCTION - Two Duplexes back-to-back on Germantown Ave and N. Randolph St. Located in one of the strongest and booming Multifamily Markets in 19122 with new construction going on all around. Each building will have 2 units and are for sale for $620, 000 each. Great opportunity for first time home buyer, Investor, or 1031 exchange. Live in one and rent the other out or receive rental income from both units. Or buy both duplexs and have rental income from 4 apartments in one location. Each building has a lower-level apartment with 2 bedrooms and 3 Baths and a upper level apartment with 3 bedrooms, 3 full baths, and large roof deck with great views of the downtown skyline. Proforma rent is $2, 300 for the upper unit and $2, 000 for the lower or $51, 600 per year for each duplex, $103, 200/year from both duplexes. All apartments will have contemporary styling, ample closets, and a washer/dryer hook up in each apartment. They are in a great location for commuters, Close proximity to Temple University and the Septa Regional Rail to Center City. Property is currently under construction with a June 2024 delivery date. 10-YEAR TAX ABATEMENT to Keep your operating cost LOW.

For more details:

Listed by: Bud Silcox
Source: The World Property Journal

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