Property
Beds
6
Full Baths
None
1/2 Baths
None
Year Built
2024
Sq.Footage
2,213
**Photos of property will be updated this week* Welcome to 2114 Eighth Street – FULLY LEASED New Construction Duplex in Hot 19122! Incredible investment opportunity in one of Philadelphia’s fastest-growing multifamily submarkets. This brand-new, fully leased duplex features two spacious bi-level units, modern finishes, and strong rental income. Unit 1 offers 3 bedrooms, 2 bathrooms, a private rear yard, and rents for $1,700/month. Unit 2 includes 3 bedrooms, 3 bathrooms, a rear deck off the living room, and a massive skyline roof deck, currently leased for $2,000/month. Annual rental income: $44,400 Pro forma CAP Rate: 7% Each unit features: Open-concept floor plans High ceilings and large windows Wide plank flooring & recessed lighting Shaker-style cabinetry, quartz countertops, subway tile backsplash Stainless steel appliances In-unit washer/dryer Ample closet space Location: Close to Temple University, SEPTA Regional Rail, and major transit routes. A commuter-friendly and high-demand rental area. BONUS: 10-Year Tax Abatement – Low operating costs Perfect for investors, 1031 Exchange buyers, or anyone seeking a low-maintenance, high-return asset.
Features & Amenities
Interior
-
Other Interior Features
Eat-in Kitchen, Kitchen Island, Recessed Lighting, Walk-In Closet(s), Open Floorplan
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Total Bedrooms
6
Area & Lot
-
Lot Size(acres)
0.02
-
Property Type
Residential Income
-
Architectural Style
Traditional
Exterior
-
Garage
No
-
Construction Materials
Other
-
Parking
None
Financial
-
Sales Price
$615,000
-
Tax Amount
1315.0
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Matin Haghkar , RE/MAX Plus
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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