PA
PHILADELPHIA
PHILADELPHIA
19122
2139 N 9TH STREET
2139 N 9TH STREET, PHILADELPHIA, PA 19122
Listing Type
Multi Family
Listing Status
active
43
$585,000

Home Details for 2139 N 9TH STREET

Price
$585,000
Type
Residential Income
Bedrooms
6
Bathrooms
0.0
Square feet
2450
Year built
2024
Lot size acres
0.02
County
PHILADELPHIA
Total rooms
6
Garage
Basement
Finished
Days on site
111
MLS Listing#
PAPH2393714
Listing courtesy: HomeSmart Realty Advisors - 215-604-1191
Property Description

Seize a lucrative investment opportunity with 2139 N 9th, a newly constructed duplex in the booming 19122 multifamily market. This property is particularly appealing with Unit 2 having been rented out for $2,100 per month, showcasing its strong income potential. This duplex, meticulously designed for modern living, offers a compelling chance for investors to secure high returns and long-term value. The lower unit features a spacious 1250 SF bi-level layout with 3 bedrooms, 3 bathrooms, and a generous rear yard—ideal for attracting quality tenants. The upper unit, which previously rented for $2,100, includes a 1300 SF bi-level design with 3 bedrooms, 3 bathrooms, and an impressive rooftop deck with stunning skyline views. With a projected pro forma annual rent of $50,000, this property delivers a robust cap rate of over 7%. Both units offer modern, flexible floor plans, high ceilings, large windows, and sleek finishes including wide plank flooring, recessed lighting, shaker-style cabinetry, subway tile, quartz countertops, and stainless steel appliances. Located in a high-demand area near Temple University and the Septa Regional Rail, this property is perfectly positioned for strong rental demand. Benefiting from a 10-year tax abatement to keep operating costs low and a 1-year builder warranty for added security, this investment opportunity blends immediate income potential with long-term growth. Act quickly—schedule a viewing and capitalize on this high-yield investment before it's too late!

Property Features
  • House Interior
    • Combination Dining/Living
    • Floor Plan - Open
    • Sprinkler System
  • Cooling Information
    • Central Air
    • Electric
  • Heating Information
    • Electric
    • Forced Air
  • Water Features
    • Public
  • Parking
    • On Street
  • Basement
    • Finished
IDX listing information is from various brokers who participate in IDX and provided courtesy of Bright MLS. Property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Information contained on this website provided by MRIS is deemed reliable but not guaranteed ©2024 Bright, All Rights Reserved.
Last Updated: 2024-12-19 02:52:25
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Median Listing Price
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Market statistics compiled from data from Bright MLS.
EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143
Office
215 623 6000
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