2139 N 9TH STREET, Philadelphia, PA 19122

  • $590,000
2139 N 9TH STREET, Philadelphia, PA 19122
Active Excellent
2139 N 9TH STREET, Philadelphia, PA 19122
2139 N 9TH STREET, Philadelphia, PA 19122
  • $590,000

Overview

Property ID: PAPH2393714
  • Other, Residential Income
  • Property Type
  • 0.02
  • Lot Acres
  • 2024
  • Year Built

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!

  • Address 2139 N 9TH STREET
  • City Philadelphia
  • State/county PA
  • Zip/Postal Code 19122
  • Area NORRIS SQUARE
  • Country US

Details

Updated on October 2, 2024 at 8:07 pm
  • Property ID: PAPH2393714
  • Price: $590,000
  • Land Area: 0.02 Acres
  • Rooms: 6
  • Garage Size: x x
  • Year Built: 2024
  • Property Type: Other, Residential Income
  • Property Status: Active

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