2010 N RANDOLPH ST new to site

Philadelphia,PA 19122

$ 595000

- Bed

- Bath

2350 SqFt


Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,350 sqft

Price per Sqft $253

MLS Listing ID PAPH2442980

Style Contemporary

Abv Grd Liv Area 2,350

Originating Board BRIGHT

Year Built 2024

Tax Year 2024

Lot Size 902 Sqft

Acres 0.02

Property Description

High-Yield, Turnkey Duplex – 6.8% Cap Rate + 10-Year Tax Abatement Pending! This brand-new (Fall 2024) luxury duplex in Norris Square is a prime cash-flowing asset generating $4,000/month in rental income with a strong 6.8% cap rate and a pending 10-year tax abatement, keeping overhead low and profits high. Unit 1 (2 bed/2.5 bath) rents for $1,800/month and features a private backyard, while Unit 2 (3 bed/3 bath) rents for $2,200/month with a private rooftop deck offering stunning city views. Designed for maximum ROI with minimal maintenance, this all-electric property boasts modern finishes, high ceilings, recessed lighting, durable vinyl plank flooring, and sleek stainless steel appliances. Located in a high-demand rental area near Fishtown, and public transit, this is an exceptional investment opportunity with strong tenant appeal and long-term appreciation potential. Don't miss out—schedule your private showing today!

Location

State PA

County Philadelphia

Area 19122 (19122)

Zoning CMX-2

Rooms

Basement Fully Finished

Interior

Interior Features Combination Dining/Living,Floor Plan - Open,Recessed Lighting,Sprinkler System

Hot Water 60+ Gallon Tank,Electric

Cooling Central A/C

Equipment Water Heater,Washer/Dryer Stacked,Stainless Steel Appliances,Refrigerator,Oven/Range - Electric,Disposal,Dishwasher,Built-In Microwave

Appliance Water Heater,Washer/Dryer Stacked,Stainless Steel Appliances,Refrigerator,Oven/Range - Electric,Disposal,Dishwasher,Built-In Microwave

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade

New Construction Y

Schools

School District Philadelphia City

Others

Tax ID NO TAX RECORD

Ownership Fee Simple

SqFt Source Estimated

Security Features Sprinkler System - Indoor,Smoke Detector,Window Grills

Acceptable Financing Cash,Conventional,FHA,VA

Listing Terms Cash,Conventional,FHA,VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

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