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About This Home
This 0-bedroom, 0-bathroom residential multi family at 1345 W YORK Street in PHILADELPHIA, PA is listed for $599,000 ($200 per sqft). Built in 2022, the home offers 3,000 sqft of living space on a 0.02 acres lot.
Welcome to this exceptional new construction duplex built in 2023, offering strong cash flow for Investors and long-term upside for Home Buyer. Featuring two expansive 3-bedroom, 3-bathroom units, this property is ideal for both savvy investors and end-users looking to offset their mortgage with rental income.
Property Layout: Master Unit (Floors 2 & 3): Spacious 3 Bed / 3 Bath duplex with modern finishes and generous living space JR Unit (Floors 1 & B): 3 Bed / 3 Bath duplex offering a functional layout and private living quarters. Investment Highlights: Current Rental Income: $3,700 per month, Tenants in place for 3+ years, 10-Year Tax Abatement - Sign
ificant savings and increased ROI, Projected 13% Cash-on-Cash Return with 75% leverage at 6% interest, Strong long-term cash flow opportunity, This is a turnkey investment with stable tenants and predictable income from day one. Perfect for an End User: Live comfortably in the spacious Master unit while renting out the JR unit to help cover your mortgage. An ideal house-hacking opportunity in a modern, low-maintenance building.
Key Features
- Built in 2022
- 0.02 acre lot
Property Details
Amenities
Monthly Cost Estimate
$3,204/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1345 W YORK Street
PHILADELPHIA, PA 19132
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 1345 W YORK Street is listed at $599,000 ($200/sqft). The estimated monthly payment is $2,596 based on 20% down at 6.5% interest.
Key features include: Built in 2022, 0.02 acre lot.
This property is listed by Patricia Gesswein and can be reached at 2677652080 or phlteam@houwzer.com.
