$545,000
$545,000
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2,400 SqFt
SOLD DATE : 03/15/2024
Key Details
Sold Price $545,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $227
Subdivision Norris Square
MLS Listing ID PAPH2327252
Sold Date 03/15/24
Style Contemporary
Abv Grd Liv Area 2,400
Originating Board BRIGHT
Year Built 2023
Annual Tax Amount $800
Tax Year 2024
Lot Size 778 Sqft
Acres 0.02
Lot Dimensions 16.00 x 49.00
Property Description
UPPER UNIT WAS RENTED AT $1850. Welcome to 2137 N 5th St a beautifully built top-notch duplex located in Norris Square , one of the hottest sections of Philadelphia on active 5th Corridor. This stunningly finished multI family TWO UNITS apartment in highly desirable investment opportunity surrounded by new construction and numerous rehabbed properties. The meticulous and respected builder spared no expense in finishing this property to ensure maximum rental income. The unit combination includes a bi-level unit #1 with 3 bedrooms, 1,5 custom bathrooms, a large living room, and a huge backyard. Bi-level unit #2 was rented at $1850 which offers 3 bedrooms and 1,5 custom bathrooms . The expected monthly rental income for both units is over $3400+. All units feature high-quality flooring, white shaker cabinets, state-of-the-art stainless steel appliances, custom tile bathrooms, and more. This property qualifies for 10 years tax abatement, and it's located in a highly desirable Norris Square neighborhood, making it an exceptional investment opportunity. The agent has financial interest ! Don't wait! Schedule a showing and make your move today!
Location
State PA
County Philadelphia
Area 19122 (19122)
Zoning RM-1
Rooms
Basement Fully Finished
Interior
Hot Water Electric
Cooling Central A/C
Heat Source Electric
Exterior
Water Access N
Accessibility None
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 191295400
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Shavonne Gilbert • Keller Williams Realty Devon-Wayne
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "