PA > Philadelphia > Norris Square
Philadelphia, PA 19122,2139 N 9TH ST
Philadelphia, PA 19122,2139 N 9TH ST
Philadelphia, PA 19122,2139 N 9TH ST
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$590,000
Est. payment /mo
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2,450 SqFt
Price Dropped by $15K

2139 N 9TH ST Philadelphia, PA 19122

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Melissa Roswell

Melissa Roswell

+1(856) 904-9502

UPDATED:

10/02/2024 08:07 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,450 sqft

Price per Sqft $240

Subdivision Norris Square

MLS Listing ID PAPH2393714

Style Contemporary

Abv Grd Liv Area 2,450

Originating Board BRIGHT

Year Built 2024

Annual Tax Amount $818

Tax Year 2024

Lot Size 830 Sqft

Acres 0.02

Property Description

Seize a lucrative investment opportunity with 2139 N 9th, a newly constructed duplex in the booming 19122 multifamily market. This property is particularly appealing with Unit 2 having been rented out for $2,100 per month, showcasing its strong income potential. This duplex, meticulously designed for modern living, offers a compelling chance for investors to secure high returns and long-term value.
The lower unit features a spacious 1250 SF bi-level layout with 3 bedrooms, 3 bathrooms, and a generous rear yard—ideal for attracting quality tenants. The upper unit, which previously rented for $2,100, includes a 1300 SF bi-level design with 3 bedrooms, 3 bathrooms, and an impressive rooftop deck with stunning skyline views. With a projected pro forma annual rent of $50,000, this property delivers a robust cap rate of over 7%.
Both units offer modern, flexible floor plans, high ceilings, large windows, and sleek finishes including wide plank flooring, recessed lighting, shaker-style cabinetry, subway tile, quartz countertops, and stainless steel appliances. Located in a high-demand area near Temple University and the Septa Regional Rail, this property is perfectly positioned for strong rental demand.
Benefiting from a 10-year tax abatement to keep operating costs low and a 1-year builder warranty for added security, this investment opportunity blends immediate income potential with long-term growth. Act quickly—schedule a viewing and capitalize on this high-yield investment before it's too late!

Location

State PA

County Philadelphia

Area 19122 (19122)

Zoning RM1

Rooms

Basement Fully Finished

Interior

Interior Features Combination Dining/Living, Floor Plan - Open, Sprinkler System

Hot Water 60+ Gallon Tank

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Waterfront N

Water Access N

Roof Type Fiberglass

Accessibility None

Parking Type On Street

Garage N

Building

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 202161101

Ownership Fee Simple

SqFt Source Estimated

Security Features Security Gate,Sprinkler System - Indoor

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Emre Yucel • HomeSmart Realty Advisors

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Melissa Roswell

Agent | License ID: 1540788

+1(856) 904-9502

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2139 N 9TH ST

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