Philadelphia, PA 19121,1942 N 32ND ST
Philadelphia, PA 19121,1942 N 32ND ST
Philadelphia, PA 19121,1942 N 32ND ST
Philadelphia, PA 19121,1942 N 32ND ST
Philadelphia, PA 19121,1942 N 32ND ST
Philadelphia, PA 19121,1942 N 32ND ST
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$ 549,000
Est. payment | /mo

1,152 Sqft Lot


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$ 549,000
Est. payment | /mo
Save

1,152 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PAPH2410010

Style Other

Originating Board BRIGHT

Year Built 2024

Annual Tax Amount $1,090

Tax Year 2024

Lot Size 1,152 Sqft

Acres 0.03

Lot Dimensions 16.00 x 72.00

Property Description

1942 N 32nd St presents an exceptional investment opportunity in a rapidly appreciating area. This newly constructed property benefits from a 10-year tax abatement, offering low expenses and high appeal for tenants. The building consists of two distinct units, each with unique features designed to attract long-term leases. This perfect investment property is set to generate $4,500+ a month in rental income and also offers the opportunity to live in one unit while renting out the second.

The first unit is a bi-level space with 2 bedrooms and 2 bathrooms. It boasts an open living,dining layout with a modern and nicely designed kitchen. The first bedroom and bathroom are located on the main floor in addition to a private, spacious backyard, ideal for hosting gatherings and outdoor relaxation.

The lower level includes a second en-suite bedroom with a custom double vanity and designer tile, alongside a large open area that can serve as a second living room, office, or gym. Additional features include a laundry room, high ceilings, custom shelving, abundant natural light and more.

The second unit is another bi-level gem, starting with a large, bright living and dining area complete with custom shelving and a fireplace, leading to a charming balcony for outdoor enjoyment. The chef's kitchen features a large island, full appliance package, open shelving, and beautiful backsplash tiles. Also on the first floor are a bathroom and a bedroom with large windows and custom desk shelving for office use. Upstairs, you'll find two en-suite bedrooms, with the master suite offering a custom closet. Also on the second floor is the laundry room.

Additional features include custom and rustic beams, shelving, vanities, designer tile finishes, hardwood floors throughout, high ceilings with unique light fixtures, a camera intercom system, and keypad locks. The property comes with a 10-year tax abatement and a 1-year builder's warranty.

With its blend of modern amenities and unique character, this property is poised to attract tenants and ensure continuous leasing success.

Located just steps away from the famous Fairmount park, public transportation and all Brewerytown local restaurants and stores.

If you are looking for a unique built and a great investment for years to come, this is for you.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RSA5

Interior

Hot Water Natural Gas

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type None

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction Y

Schools

School District Philadelphia City

Others

Tax ID 323324000

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Reda B Akbil • Compass RE
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1942 N 32ND ST