High-Yield Duplex in Prime Location – 6.8% Cap Rate + 10-Year Tax Abatement Pending! This brand-new (Fall 2024) luxury duplex in Norris Square is a prime cash-flowing asset generating $4,000/month in rental income with a strong 6.8% cap rate and a pending 10-year tax abatement, keeping overhead low and profits high. Unit 1 (2 bed/2.5 bath) rents for $1,800/month and features a private backyard, while Unit 2 (3 bed/3 bath) rents for $2,200/month with a private rooftop deck offering stunning city views. Designed for maximum ROI with minimal maintenance, this all-electric property boasts modern finishes, high ceilings, recessed lighting, durable vinyl plank flooring, and sleek stainless steel appliances. Located in a high-demand rental area near Fishtown, and public transit, this is an exceptional investment opportunity with strong tenant appeal and long-term appreciation potential. Don’t miss out—schedule your private showing today!
The income description goes here to explain
List Price | $595,000 |
Property Type | Duplex (2-units) |
Usable Sqft | 2,350 |
Number of Stories | 4 stories |
Parking Spots | 0 spots |
Year Built | 2024 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | Unknown |
MLS # | PAPH2442980 |
Property ID | 319442344 |
Lot Sqft | 902 |
Zoning | CMX-2 |
Total Units | 2 |
Days on Market | 56 |
Original List Price | Unknown |
Applicances | Water Heater,Washer/Dryer Stacked,Stainless Steel Appliances,Refrigerator,Oven/Range - Electric,Disposal,Dishwasher,Built-In Microwave% |
Date Updated | April 02, 2025 |
Date Created | February 06, 2025 |
Unit # | Beds | Baths | Current Rent | Proforma Rent |
Unit #1 | $48,000 | $0 |
Cap Rate | 6.85% |
Emre Yucel an agent of . Lic #RS370340
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