$618,500
$649,990
4.8%For more information regarding the value of a property, please contact us for a free consultation.
782 Sqft Lot
SOLD DATE : 05/16/2023
Key Details
Sold Price $618,500
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Subdivision Olde Kensington
MLS Listing ID PAPH2151392
Sold Date 05/16/23
Style Contemporary
Originating Board BRIGHT
Year Built 2021
Annual Tax Amount $1,429
Tax Year 2023
Lot Size 782 Sqft
Acres 0.02
Lot Dimensions 14.00 x 58.00
Property Description
This stunning approximately 1 year old duplex in Old Kensington is a true money maker. It can be used as an owner-occupied home or as an investment property with excellent cash flow. This newer construction building has two units that are bright, spacious, and charming. The property also benefits from a tax abatement, adding to the great investment potential.
Currently the property is rented via airBNB with an average monthly income of $7,500. Property can be sold fully furnished so the next owners won’t miss a day of income.
Each unit has a bright and open floor plan. The comfortable living room has plenty of natural light and a modern decor. The stunning kitchens have quartz countertops, ample cabinets, a tile backsplash, and stainless steel appliances. The bedrooms have large windows that allow sunlight to flood the room and built-in closets. Both units have hard flooring throughout, with LVP in the downstairs apartment and white oak hardwood upstairs, and each has in-unit laundry.
The chic design features of the property are not only one of a kind, but practical and draw in great rental income.
Unit 1 is a modern stylish 2 bedroom, 1.5 bath home with a private backyard.
Unit 2 is a luxury 2 bedroom, 2.5 bath home with a private rooftop deck, perfect for outdoor dining.
This stunning property is in an ideal location! It is within walking distance of the Berks MFL Station, many local bars & restaurants, and shopping. With a gym and grocery store within the same block, this convenient location can’t be beat! Getting around the city is a breeze and the easy on street parking is another added benefit. Don't pass up this fantastic opportunity to own a unique and thoughtfully designed property with endless investment potential. Schedule your showing today.
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning RM1
Rooms
Basement Full, Fully Finished
Interior
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 183187900
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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Bought with John Jerome Perez Mangubat I • Keller Williams Main Line
“Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”