42 East Haines Street
42 East Haines Street
$415,000
7
4
1,932
1,932
$215
Description
Calling all first time homebuyers and investors! Come explore this perfect combination of family living and prime investment in historic Germantown! A fully renovated duplex- the first unit having 3 bedrooms, 2 full bathrooms and a huge private yard and the second unit having 4 bedrooms with 2 full bathrooms- awaits you right off of Germantown Ave! Nestled in a rare and expansive lot of approximately 3500 sq ft, this property offers ample space for its new owners as well as a great investment opportunity....Calling all first time homebuyers and investors! Come explore this perfect combination of family living and prime investment in historic Germantown! A fully renovated duplex- the first unit having 3 bedrooms, 2 full bathrooms and a huge private yard and the second unit having 4 bedrooms with 2 full bathrooms- awaits you right off of Germantown Ave! Nestled in a rare and expansive lot of approximately 3500 sq ft, this property offers ample space for its new owners as well as a great investment opportunity. And best of all, it offers ALL BRAND NEW mechanics- roof, HVAC systems, water heaters, electrical wiring and separate electric panels, plumbing, windows, appliances- all new updates to give you peace of mind and a lifetime of worry-free ownership! In addition to the new mechanics, as you step inside the property, you will discover a world of modern comfort and convenience. New vinyl flooring with a lifetime warranty from the manufacture offers both style and durability, while the addition of laundry facilities in each unit adds practicality to everyday life. The renovated kitchens boast sleek stainless steel appliances, while updated bathrooms feature modern hardware and fixtures, creating spaces that are as functional as they are stylish. A new roof, gutters, flashing, stucco, and windows not only enhance curb appeal but also promise durability and energy efficiency, making this home as resilient as it is beautiful. Both units are separately metered, offering convenience and easy management of utility costs. With certified appraisers projecting fair market rents at $1850 for Unit 1 and $1800 for Unit 2, this property can generate an estimated gross annual income of $43,800. Additionally, utilizing depreciation write-offs for 27.5 years provides a powerful tax strategy, ensuring unbeatable ROI regardless of market conditions. Beyond being a property, this duplex is a financial fortress and an ideal home for a buyer searching for passive income. Live in one unit and rent out the other to cover your mortgage and watch as your investment grows. This property sits across the street from a new apartment complex of 350 units in the works, signifying a neighborhood transformation of epic proportions! Enjoy easy access to Lincoln Drive, Chestnut Hill, and Center City within minutes, surrounded by a vibrant array of amenities including cafes, restaurants, bars, parks, and supermarkets that Germantown has to offer. Schedule your showing today!
- Listed by Caitlin Dailey • KW EmpowerP: 2674323723 caitdailey@kw.com
Property Details for 42 East Haines Street
Tax ID Number
591152900
OwnershipFee Simple
Structure TypeTwin/Semi-Detached
StyleStraight Thru
WaterfrontNo
GarageNo
MunicipalityPHILADELPHIA
Central AirYes
Location
LISTING UPDATED: 05/24/2024 11:54 AM
Property Details for 42 East Haines Street
Status | Active |
---|---|
MLS # | PAPH2348174 |
Days on Market | 19 |
Taxes | $1,257 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1900 |
Lot Size | 0.08 AC / 3,335 SF |
County | Philadelphia County |
Location
Building Information for 42 East Haines Street
Stories-Residences2Year Built1900Building Size-Lot Size0.08 AC / 3,335 SF
Payment Calculator
$2,370 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 42 East Haines Street
Property History for 42 East Haines Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 42 East Haines Street
Taxable ValueLand$17,960Additions$71,840Total$89,800
Tax Record2023$1,257 ($105 / month)
Home Facts
Beds4Total Finished SqFt1,932 SqFtAbove Grade Finished SqFt1,932 SqFtStories3Lot Size3,335 SqFtStyleCondominiumYear Built1900ZoningRSA3CountyPHILADELPHIAAPN59-1-1529-00
Schools near 42 East Haines Street
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Roosevelt Theodore Middle School PublicK to 8 | ||
King Martin Luther High School Public9 to 12 | ||
Fitler Academics Plus PublicK to 8 | ||
Parkway Northwest Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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