$400,000 Price Analysis 4418 Market StPhiladelphia, PA 19104 3 bed 2 bath 1,280 SqFt ($312/SqFt) 2,079SqFt lot. Built 2005 Listed 2024-03-15, Taxes $1,731 | Ⓧ USDA Ineligible due to location near Philadelphia |
This charming 2005 duplex is nestled in a coveted location, perfect for savvy investors or owner occupants looking to offset mortgage costs. With two separate UPDATED units, a 1 bedroom (fantastic for an owner) and a 2 bedroom, this duplex offers versatility and income potential. Each unit features hard wood floors, newer appliance, ample sunlight and easy access to center city or th e suburbs. The layout is designed for both comfort and functionality, providing an inviting space for residents. The property's prime location ensures easy access to an array of amenities, including shops, restaurants, parks and public transportation options.
Whether you're strolling through the vibrant streets of West Philly or commuting to downtown, convenience is at your doorstep. Investors will appreciate the opportunity for rental income in this highly sought-after area, while owner occupants can enjoy the benefits of living in one unit while renting out the other to help cover expenses. Rents for 1 bedrooms in the area easily clear $1300 and for 2 bedrooms $1800+ which puts the estimated cap rate at an attractive 7.5%+ There is also a MASSIVE apartmnt complex expected to be build on the corner a few doors down, which is sure to increase rents/rentability of the units. Don't miss out on this chance to own a piece of West Philadelphia's thriving real estate market. Schedule a viewing today and seize the opportunity to make this duplex your own!
Presented by Jason Wittenstein at
KW Empower.
Property MLS #PAPH2332058 from BrightMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2023 | $95,868 + $27,832 $123,700 | $1,731 |
2022 | $95,868 + $27,832 $123,700 | $1,731 |
2021 | $95,868 + $27,832 $123,700 | $1,731 |
2020 | $95,868 + $27,832 $123,700 | $1,731 |
2019 | $101,235 + $17,865 $119,100 | $1,667 |
2018 | $101,745 + $17,955 $119,700 | $1,675 |
2017 | $309,060 + $54,540 $363,600 | $5,089 |
2016 | $303,101 + $60,499 $363,600 | $5,089 |
2015 | $303,101 + $60,499 $363,600 | $4,872 |
2014 | $303,101 + $60,499 $363,600 | $4,872 |
2013 | $8,689 + $6,639 $15,328 | $1,497 |
2012 | $8,689 + $6,639 $15,328 | $1,445 |
2011 | $8,689 + $6,639 $15,328 | $1,392 |
2010 | $8,689 + $6,639 $15,328 | $1,266 |
2009 | $8,689 + $6,639 $15,328 | $1,266 |
2009 | $8,689 + $6,639 $15,328 | $1,266 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.