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!
The income description goes here to explain
List Price | $590,000 |
Property Type | Duplex (2-units) |
Usable Sqft | 2,450 |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 2024 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 202161101 |
MLS # | PAPH2393714 |
Property ID | 293567461 |
Lot Sqft | 830 |
Zoning | RM1 |
Total Units | 2 |
Days on Market | 89 |
Original List Price | Unknown |
Date Updated | October 02, 2024 |
Date Created | September 04, 2024 |
Emre Yucel an agent of . Lic #RS370340
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT