$549,000 Price Analysis 2112 N 8th StPhiladelphia, 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 |
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.
Property MLS #PAPH2365986 from BrightMLS
Year | Assessments 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 |
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.