1942 N 32ND ST new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19121
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PAPH2410010
Style Other
Originating Board BRIGHT
Year Built 2024
Annual Tax Amount $1,090
Tax Year 2024
Lot Size 1,152 Sqft
Acres 0.03
Lot Dimensions 16.00 x 72.00
Property Description
1942 N 32nd St presents an exceptional investment opportunity in a rapidly appreciating area. This newly constructed property benefits from a 10-year tax abatement, offering low expenses and high appeal for tenants. The building consists of two distinct units, each with unique features designed to attract long-term leases. This perfect investment property is set to generate $4,000+ a month in rental income and also offers the opportunity to live in one unit while renting out the second.
The first unit is a bi-level space with 2 bedrooms and 2 bathrooms. It boasts an open living,dining layout with a modern and nicely designed kitchen. The first bedroom and bathroom are located on the main floor in addition to a private, spacious backyard, ideal for hosting gatherings and outdoor relaxation.
The lower level includes a second en-suite bedroom with a custom double vanity and designer tile, alongside a large open area that can serve as a second living room, office, or gym. Additional features include a laundry room, high ceilings, custom shelving, abundant natural light and more.
The second unit is another bi-level gem, starting with a large, bright living and dining area complete with custom shelving and a fireplace, leading to a charming balcony for outdoor enjoyment. The chef's kitchen features a large island, full appliance package, open shelving, and beautiful backsplash tiles. Also on the first floor are a bathroom and a bedroom with large windows and custom desk shelving for office use. Upstairs, you'll find two en-suite bedrooms, with the master suite offering a custom closet. Also on the second floor is the laundry room.
Additional features include custom and rustic beams, shelving, vanities, designer tile finishes, hardwood floors throughout, high ceilings with unique light fixtures, a camera intercom system, and keypad locks. The property comes with a 10-year tax abatement and a 1-year builder's warranty.
With its blend of modern amenities and unique character, this property is poised to attract tenants and ensure continuous leasing success.
Located just steps away from the famous Fairmount park, public transportation and all Brewerytown local restaurants and stores.
If you are looking for a unique built and a great investment for years to come, this is for you.
Location
State PA
County Philadelphia
Area 19121 (19121)
Zoning RSA5
Interior
Hot Water Natural Gas
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type None
Garage N
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade,Below Grade
New Construction Y
Schools
School District Philadelphia City
Others
Tax ID 323324000
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard