2139 N 9th Street Philadelphia, PA 19122
Seize a lucrative investment opportunity with 2139 N 9th, a newly constructed duplex in the booming 19122 multifamily market. This property is particularly appealing with Unit 2 having been rented out for $2, 100 per month, showcasing its strong income potential. This duplex, meticulously designed for modern living, offers a compelling chance for investors to secure high returns and long-term value. The lower unit features a spacious 1250 SF bi-level layout with 3 bedrooms, 3 bathrooms, and a generous rear yard—ideal for attracting quality tenants. The upper unit, which previously rented for $2, 100, includes a 1300 SF bi-level design with 3 bedrooms, 3 bathrooms, and an impressive rooftop deck with stunning skyline views. With a projected pro forma annual rent of $50, 000, this property delivers a robust cap rate of over 7%. Both units offer modern, flexible floor plans, high ceilings, large windows, and sleek finishes including wide plank flooring, recessed lighting, shaker-style cabinetry, subway tile, quartz countertops, and stainless steel appliances. Located in a high-demand area near Temple University and the Septa Regional Rail, this property is perfectly positioned for strong rental demand. Benefiting from a 10-year tax abatement to keep operating costs low and a 1-year builder warranty for added security, this investment opportunity blends immediate income potential with long-term growth. Act quickly—schedule a viewing and capitalize on this high-yield investment before it's too late!
- Property TypeMulti-Family
- NeighborhoodNorris Square
- CountyPhiladelphia
- Taxes$818
- HOA/Condo/Coop Fees$0
- Days on Site21 Days
- MLS StatusActive
- MLS ID NumberPAPH2393714
- Home Size Source Estimated
- Year Built2024
- Lot Size0.02 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Contemporary
- Construction Aluminum SidingBrick
- Parking On Street
- Sewer Public Sewer
- Basement Fully Finished
- Acreage 0.02
- Water Public
- Security Security GateSprinkler System - Indoor
- Property Sub Type Duplex
- Attached Garage No
- Zoning RM1
Interior Features
- Cooling Central A/ CElectric
- Heating 90% Forced AirElectric
- Interior Combination Dining/LivingFloor Plan - OpenSprinkler System
- Fireplace No
Exterior Features
- Roof Fiberglass
- Spa No
- Waterfront Property No
Community Features
- MLS Area 19122 (19122)
- Security Features Security GateSprinkler System - Indoor