Description
NEW CONSTRUCTION - Two Duplexes back-to-back on Germantown Ave and N. Randolph St. Located in one of the strongest and booming Multifamily Markets in 19122 with new construction going on all around. Each building has 2 units and are for sale for $620,000 each. Great opportunity for first time home buyer, Investor, or 1031 exchange. Live in one and rent the other out or receive rental income from both units. Or buy both duplexs and have rental income from 4 apartments in one location. Each building has a lower-level apartment with 2 bedrooms and 3 Baths and a upper level apartment with 3 bedrooms, 3 full baths, and large roof deck with great views of the downtown skyline. Proforma rent is $2,200 for the upper unit and $2,000 for the lower or $50,400 per year for each duplex, $100,800/year from both duplexes. All apartments have contemporary styling, ample closets, and a washer/dryer in each apartment. They are in a great location for commuters, Close proximity to Temple University and the Septa Regional Rail to Center City. Construction is complete and ready for immediate delivery. 10-YEAR TAX ABATEMENT to Keep your operating cost LOW.
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0BEDS
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0.02ACRES
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0BATHS
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01/2 BATHS
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2,362SQFT
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$254$/SQFT
Description
NEW CONSTRUCTION - Two Duplexes back-to-back on Germantown Ave and N. Randolph St. Located in one of the strongest and booming Multifamily Markets in 19122 with new construction going on all around. Each building has 2 units and are for sale for $620,000 each. Great opportunity for first time home buyer, Investor, or 1031 exchange. Live in one and rent the other out or receive rental income from both units. Or buy both duplexs and have rental income from 4 apartments in one location. Each building has a lower-level apartment with 2 bedrooms and 3 Baths and a upper level apartment with 3 bedrooms, 3 full baths, and large roof deck with great views of the downtown skyline. Proforma rent is $2,200 for the upper unit and $2,000 for the lower or $50,400 per year for each duplex, $100,800/year from both duplexes. All apartments have contemporary styling, ample closets, and a washer/dryer in each apartment. They are in a great location for commuters, Close proximity to Temple University and the Septa Regional Rail to Center City. Construction is complete and ready for immediate delivery. 10-YEAR TAX ABATEMENT to Keep your operating cost LOW.
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