2438 N MASCHER ST new to site

Philadelphia,PA 19133

$ 625000

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2538646

Style Contemporary

Year Built 2022

Annual Tax Amount $153

Tax Year 2024

Lot Size 800 Sqft

Acres 0.02

Lot Dimensions 15.00 x 53.00

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

*** This Duplex qualifies for a reduced-rate DSCR loan program and potential lender credit through Prosperity Mortgage. Interest rate buydown options also available with acceptable offer ***
Check out this fantastic 3-year-new build in the trendy West Kensington neighborhood of Philadelphia! This property features two spacious units, each with 3 bedrooms and 3 bathrooms. The lower unit (unit-1) is rented for $1,850/month on a yearly lease and the top unit (Unit 2) is rented for $1,875/month on a yearly lease. This low maintenance property provides solid rental income for active investors. As you step inside, you'll be greeted by a bright and modern interior with high-end finishes throughout. The open layout connects the living, dining, and kitchen areas, creating a great space for entertaining or just hanging out. The kitchen is equipped with stainless steel appliances and plenty of counter space for all your cooking adventures. Both apartments have high efficiency systems, appliances, and each unit has a private washer and dryer. Unit 1 boasts a lovely rear patio, perfect for gathering with friends and grilling while Unit 2 offers a roof deck with stunning views of the city and the sunsets.. You, or your tenants, are a short walk away from the vibrant Fishtown area, where you'll find a ton of trendy restaurants, bars, and boutique shops. With a gross annual income of $44,700, low maintenance, 7 years left on a full tax-abatement, minimal expenses, and a discounted loan package -- you REALLY can take advantage of the growing demand in this rapidly developing neighborhood. Don't miss out on this amazing opportunity to own a piece of a flourishing community.
**You can also grab this property as part of a PACKAGE DEAL with 2453 N 6th Street **

Location

State PA

County Philadelphia

Area 19133 (19133)

Zoning RSA5

Rooms

Basement Daylight, Full

Interior

Hot Water Electric

Heating Central

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Water Access N

View City

Accessibility None

Garage N

Building

Foundation Permanent

Sewer Public Septic

Water Public

Architectural Style Contemporary

Additional Building Above Grade,Below Grade

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Tax ID 885204860

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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