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$549,000   Price Analysis
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2112 N 8th St
Philadelphia, PA 19122
5 bed 5 bath 2,103 SqFt ($261/SqFt)
942SqFt lot. Built 1915
Listed 2024-06-14, Taxes $289
Ⓧ USDA Ineligible
due to location

near Philadelphia

Introducing 2112 Eighth Street!!!

7% CAP !!! DUPLEX. Located in one of in one of the strongest and booming Multifamily Market in 19122!!! The building has 2 units, perfectly designed with a functional open floor plan. Great opportunity for first time home BUYER | INVESTOR | 1031 Exchange. Live in one and rent the other out or receive rental income from both units. Lower UNIT ( ONE ) is a 3BD | 2.5 BA Bi-level apartment with large rear yard. Pro forma rent of 2, 100 / Month!!! Upper UNIT ( TWO ) 2BD | 2 BA Bi-level apartment , Rented for Annual lease for 1, 800 / Month!!! Pro forma annual rent: $46, 800, Pro forma CAP: 7.0 %.

Both Units feature a flexible floor plan, High ceilings, large windows and an open contemporary feel. Wide plank floors nd recessed lighting. Both kitchens are home to shaker-style cabinetry, subway tile, granite countertops, stainless steel appliances. There is ample closet space and W/D hook up in both units. In a fantastic location for commuters, Close proximity to Temple University and the Septa Regional Rail to Center City. . 10-YEAR TAX ABATEMENT!!! To Keep your operating cost LOW!!! 1 YEAR Builder Warran ty.


Presented by Billy Grewal at
KW Empower.
Listing Agent Photo

Property MLS #PAPH2365986 from BrightMLS

Bedrooms: 5

Cooling Features: Central A/C
Heating Features: Central
Heating: Yes

Full Bathrooms: 4
1/2 Bathrooms: 1

Lot Size Acres: 0.0216253
Lot Size Square Feet: 941

Parking Features: On Street

Number of Units: 2
Number of 2 Bedroom Units: 1
Number of 3 Bedroom Units: 1
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Full Bathrooms in Unit-1: 2
Full Bathrooms in Unit-2: 2
Half Bathrooms in Unit-1: 1

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Mckinley William School is a public elementary and middle school located approximately 0.3 miles away.
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The U School: Innovative Lab is a public high school located approximately 0.1 miles away.
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Hope Partnership For Education is a private elementary and middle school located approximately 0.4 miles away.
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Annual Tax Amount: 289.0
Source Listing Status: Active
County: PHILADELPHIA
Source Property Type: Multi-Family
Area: PHILADELPHIA
Source Neighborhood: PHILADELPHIA
Postal Code Plus 4: 1312
Township: PHILADELPHIA
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$117,000 + $29,200
$146,200
$289
2022$65,310 + $27,990
$93,300
$289
2021$65,310 + $27,990
$93,300
$289
2020$65,310 + $27,990
$93,300
$289
2019$65,800 + $28,200
$94,000
$289
2018$45,990 + $19,710
$65,700
$289
2017$45,990 + $19,710
$65,700
$289
2016$59,766 + $5,934
$65,700
$289
2015$59,766 + $5,934
$65,700
$880
2014$59,766 + $5,934
$65,700
$880
2013$1,167 + $1,041
$2,208
$215
2012$1,167 + $1,041
$2,208
$208
2011$1,167 + $1,041
$2,208
$200
2010$1,167 + $1,041
$2,208
$182
2009$1,167 + $1,041
$2,208
$182
2009$1,167 + $1,041
$2,208
$182

Listing removed 2024-06-14
$0
BrightMLS
Listed 2024-06-14
$549,000
BrightMLS
Price Changed 2024-04-10
$549,777
BrightMLS
Listed 2024-03-08
$575,888
BrightMLS
Listing removed 2023-12-07
$0
BrightMLS
Listed 2023-11-15
$575,888
BrightMLS
Sold 2022-06-09
$90,000
Public Record
Listing removed 2020-11-06
$0
BrightMLS
Listed 2020-10-02
$120,000
BrightMLS

Total Square Feet Living: 2103
Year Built: 1915
Construction Materials: Masonry
Property Age: 109
Structure Type: Interior Row/Townhouse
House Style: Contemporary
Architectural Style: Interior Row/Townhouse
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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.