1722 N Marshall Street, Philadelphia, PA 19122-2924 $699,000
Interior Sq. Ft: 2,700
Acreage: 0.03
Age:72 years
Taxes: $1,258
Design/Type:
Interior Row/Townhouse
Description
**Introducing a Prime Investment Opportunity in Olde Kensington!** Welcome to this stunning duplex located in one of Philadelphia's most vibrant and rapidly growing neighborhoods—Olde Kensington. This exceptional 2-unit multifamily home is not only a beautiful residence but also a savvy investment opportunity for those looking to maximize rental income.'' Discover this duplex located just a 4-minute walk from the popular Luna Cafe, Human Robot, and Sutton's Bar. Enjoy the convenience of having these social spots right at your doorstep, perfect for leisurely brunches or evening outings with friends! **High Revenue Potential!** With a remarkable rental history exceeding $6,000/month across both units over the past year, this property is a lucrative option for investors. Alternatively, you could choose to occupy one unit while renting out the other, allowing you to cover your mortgage and enjoy the benefits of city living! **Unit 1 Highlights:** - Spacious, 4 bedrooms and 3 bathrooms - Expansive backyard, perfect for entertaining - Sold with complete furnishings **Unit 2 Highlights:** - 3 bedrooms and 3 bathrooms - Thoughtfully designed with comfort and style Both units feature stunning European-style true shaker cabinets, modern stainless steel appliances, and luxurious custom bathrooms with high-end finishes. Enjoy the elegance of high-quality flooring throughout, enhancing the modern aesthetic of each space. **Additional Benefits:** This property benefits from a 10-year tax abatement that is in effect until 2033, providing significant savings and enhancing your investment potential. Unit 1 also has fully signed lease contracts for the upcoming year, providing you with immediate cash flow and peace of mind as you embark on your investment journey. Don’t miss out on this incredible opportunity in Olde Kensington!
Home Assoc: No
Condo Assoc: No
Buyer Agency Comp*:
Basement:
Pool: No Pool
Features
Utilities
90% Forced Air, Natural Gas, Central A/C, Electric, Hot Water - 60+ Gallon Tank, Public Water, Public Sewer
Garage/Parking
On Street
Exterior
Concrete Perimeter Foundation, Masonry
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (151 schools)
Public Middle (29 schools)
Public High (71 schools)
Private (102 schools)
© 2024 LiveBy. All Rights Reserved.
This report is a detailed community overview for Philadelphia (19122), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 29
- Average salary of people in this community: $37,204
Community Summary
- Population Density (ppl / mile): 17,071
- Household Size (ppl): 2.69
- Households w/ Children: 54%
Housing Inventory
- Owned: 2,868 (36.2%)
- Rented: 3,795 (47.8%)
- Vacant: 1,270 (16.0%)
- Total: 7,933
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 9.3%
- Some High School: 12.4%
- High School Graduate: 34.5%
- Some College: 13.6%
- Associate Degree: 4.1%
- Bachelor's Degree: 17.5%
- Graduate Degree: 8.6%
Income by dollar range
Median Income: $37,198
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $712
- One Bedroom: $813
- Two Bedroom: $955
- Three Bedroom: $1,264
- Four Bedroom: $878
© 2024 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-285-5100
Listing Courtesy of: Iron Valley Real Estate of Lehigh Valley , (610) 766-7200, donnagasper@ivreoflehighvalley.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 10/06/2024.