PA > Philadelphia > Norris Square
Philadelphia, PA 19122,2013 GERMANTOWN AVE
Philadelphia, PA 19122,2013 GERMANTOWN AVE
Philadelphia, PA 19122,2013 GERMANTOWN AVE
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Simone Velvel

Simone Velvel

+1(703) 507-7614
$599,000
Est. payment /mo
2,362 SqFt
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UPDATED:

10/26/2024 07:07 PM

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,362 sqft

Price per Sqft $253

Subdivision Norris Square

MLS Listing ID PAPH2345572

Style Contemporary

Abv Grd Liv Area 1,687

Originating Board BRIGHT

Year Built 2024

Annual Tax Amount $818

Tax Year 2024

Lot Size 830 Sqft

Acres 0.02

Property 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 duplex’s 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.

Location

State PA

County Philadelphia

Area 19122 (19122)

Zoning CMX2

Rooms

Basement Fully Finished

Interior

Interior Features Primary Bath(s), Recessed Lighting, Walk-in Closet(s)

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Equipment Built-In Microwave, Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer - Front Loading

Fireplace N

Appliance Built-In Microwave, Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer - Front Loading

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

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 NOT ASSIGEND

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Arthur C Silcox • Keller Williams Real Estate - Bensalem
agent-avatar

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland, 20895, USA

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