******Stunning Duplex **** Prime Turn-key Investment Opportunity in Point Breeze!!!!!!! This property is eligible for DOWN Payment Assistance up to $10,000 for qualified buyers. Please contact the Listing agent for Lender referral This duplex is centrally located in Point Breeze, one of Philly's fastest-growing neighborhoods Welcome to 1831 Point Breeze… Read More Ave, Philadelphia, PA 19145. Newly built Duplex offering a fantastic investment opportunity in one of Philly's most rapidly growing neighborhoods! This meticulously designed two-family dwelling boasts modern finishes, spacious layouts, and a 10-year partial tax abatement. (5 years remaining) **** AN ABSOLUTE RARE FIND AND GREAT OPPORTUNITY!!!!**** Easy Access to Public Transportation & Center City Near Parks, Shops, and Restaurants Close to Schools & Universities (University City, Drexel, UPenn) Growing Job Market & Development in South Philly Total Land Area: 1,570 sq. ft. Newer Construction with top tier finishes Two-Unit Layout. Ideal for investors or multi-generational living Newer Windows, Heating, Central Air, Plumbing, & Electrical Unit 1 (First Floor + Finished Basement) 2 Bedrooms 1 1.5 Bathrooms Custom Granite Kitchen with stainless steel appliances Spacious Living Area with high ceilings & engineered hardwood flooring Finished Basement with a powder room perfect for additional living space or storage The Large Private Rear Yard is great for entertaining. Unit 2 (Second Floor) 2 Large Bedrooms 1 Full Bathroom Expansive Eat-In Kitchen with granite countertops & stainless-steel appliances Bright & Airy Living Space with engineered hardwood & tile flooring Ample Closet Space throughout Stainless-Steel Appliances (Washer, Dryer1ST FLOOR), Refrigerator, Range/Oven, Microwave, Freezer, Garbage Disposal) Forced Air Heating & Central Cooling for year-round comfort *** Turnkey Investment*** with strong rental potential Strong Rental Market & High ROI Potential!!! Point Breeze has become one of Philadelphia's hottest neighborhoods for real estate investment, with property values and rental demand steadily rising. Median Rent for 2-Bedroom Units in Point Breeze: $1,800 - $2,200 per month. Projected Annual Rental Income: Up to $48,000 if fully leased! Take advantage of Governmental Housing incentives like HCV/Section 8, VA, for this unit boasts $1,830 for a 2-bedroom 1 bath unit. Strong potential to generate $3,660 - $4,400 per month. Airbnb income monthly $5,000-$7,000 per month. Strong Appreciation Potential. *** Point Breeze continues to see increasing property values, making this a solid long-term investment***. It's also highly accessible for a wide range of buyers due to its compatibility with multiple financing options. Whether you're an investor, first-time homebuyer, or a veteran, there's a mortgage option available to make this property yours! This property is eligible for DOWN Payment Assistance up to $10,000 for qualified buyers. Please contact the Listing agent for Lender referral Schedule a viewing today!!! This turnkey investment prospect is available now!!!! Read Less
Courtesy of Shannon Squire, Trinity Property Advisors [email protected]
Listing Snapshot
Days Online
12
Last Updated
Property Type
Townhouse
Square Ft.
1,570
Lot Size
0.04 Acres
Year Built
1920
MLS Number
PAPH2450234
30 Days Snapshot Of 19145
$312k
-15%
(avg) sold price
33
-10%
homes sold
82
+28%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator, Oven/Range - Electric, Microwave
Basement
Full
Building
1,570 sqft living area, Built in 1920, Major renovation in 2020, Structure Type: Interior Row/Townhouse, 2 units in building, 2 levels in building, Straight Thru, Masonry
Cooling
Central Air, Electric, Central A/C
Foundation
Concrete Perimeter, Brick/Mortar
Heating
Electric, Forced Air
Interior Features
Floor Plan - Open
Lot
1,570 sqft, Lot Size Dimensions: 15.00 x 98.00, 0.04 acres
Property
Other Structures: Above Grade, Below Grade, View: City, 2 two-bedroom units
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
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