$400,000 $2,147 est/mo Sourced by Back At You

4418 Market St,Philadelphia, PA 19104

Philadelphia PA, 19104

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Description

Welcome to your opportunity to own a prime slice of West Philadelphia real estate! This charming 2005 duplex is nestled in a coveted location, perfect for savvy investors or owner occupants looking to offset mortgage costs. With two separate UPDATED units, a 1 bedroom (great for an owner) and a 2 bedroom, this duplex offers versatility and income potential. Each unit features hard wood floors, newer appliance, ample sunlight and easy access to center city or the suburbs. The layout is designed for both comfort and functionality, providing an inviting space for residents. The property's prime location ensures easy access to an array of amenities, including shops, restaurants, parks, and public transportation options. Whether you're strolling through the vibrant streets of West Philly or commuting to downtown, convenience is at your doorstep. Investors will appreciate the opportunity for rental income in this highly sought-after area, while owner occupants can enjoy the benefits of living in one unit while renting out the other to help cover expenses. Rents for 1 bedrooms in the area easily clear $1300 and for 2 bedrooms $1800+ which puts the estimated cap rate at an attractive 7.5%+ There is also a MASSIVE apartment complex expected to be build on the corner a few doors down, which is sure to increase rents/rentability of the units. Don't miss out on this chance to own a piece of West Philadelphia's thriving real estate market. Schedule a viewing today and seize the opportunity to make this duplex your own!

Details

MLS#PAPH2332058
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year2005
Days On Site129
Listing Provided ByKW Empower | Jason Wittenstein
Buying Commision3% Of Gross

Features

SQ Feet1,280
Units2
ZoningCMX2
Acreage0.05

Market Activity 19104

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Learn More About This Property

StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19104
Area19104
School DistrictThe School District Of Philadelp
Listing VS Median (in 19104)
Price:
$400,000
low | high
Med:
$2,400
100% of Average
SqFt:
1,280
low | high
Med:
1,988
5.3125% of Average
$ / SqFt:
$313
low | high
Med:
$2
100% of Average
On Site:
129
low | high
Med:
46.500000
100% of Average
Sourced by Back At You
Listing Updated: June 24, 2024 at 2:29:13 PM PDT