1345 West York Street

Philadelphia, PA 19132

$650,000
Price
Beds
3,000 Sq. Ft.
$217 / Sq. Ft.
3,000
Sq. Ft.
$217
per Sq. Ft.

Description

Fully rented , turn in key, income generating duplex ! Welcome to this incredible investment opportunity! This newly constructed duplex is situated in a prime location just steps away from Temple University Main Campus and conveniently close to the subway and bus stop on Broad Street. The duplex boasts high-end finishes throughout, and each unit is a spacious 3 bed x 3 bath, perfect for maximizing rental income. With a full 10-year tax abatement, this property is a cash flow machine with a high %...Fully rented , turn in key, income generating duplex ! Welcome to this incredible investment opportunity! This newly constructed duplex is situated in a prime location just steps away from Temple University Main Campus and conveniently close to the subway and bus stop on Broad Street. The duplex boasts high-end finishes throughout, and each unit is a spacious 3 bed x 3 bath, perfect for maximizing rental income. With a full 10-year tax abatement, this property is a cash flow machine with a high % cap rate return on investment, even with a 7.5 % mortgage! Unit #1 is already rented out for $1800 monthly, making this an ideal investment for those who want to live in one unit and rent out the other. Unit #2 has been rented for $2000. This amazing product is collecting $3800 rent + 100$ water charge. The attention to detail and design is evident as soon as you walk in the door, and this is a rare opportunity to invest in a property with tremendous upside for rapid appreciation. Don't miss out on this fantastic investment opportunity located right by Broad Street!
  1. Listed by Gazi Ataseven • HomeSmart Realty Advisors
    P: (267)-774-6886 gztsvn@gmail.com

Property Details for 1345 West York Street

Tax ID Number
371367600
Ownership
Fee Simple
Structure Type
Other
Style
Contemporary
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
Central Air
Yes
LISTING UPDATED: 10/11/2024 10:20 AM

Property Details for 1345 West York Street

StatusActive
MLS #PAPH2395232
Days on Market99
Taxes$655 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built2022
Lot Size0.02 AC / 965 SF
CountyPhiladelphia County

Building Information for 1345 West York Street

Stories-Residences2Year Built2022Building Size-Lot Size0.02 AC / 965 SF

Property Information for 1345 West York Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19133 (19133)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $46,800
  • Year Assessed: 2023
  • City Town Tax: $295
  • Land Assessed Value: $46,800
  • Clean Green Assessed: No
  • Land Use Code: SR
  • Zoning: RM1
  • Tax Lot: 131
  • School Tax: $359
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 2
  • Units Leased Count: 2
Financial Information
Financial Information
  • Annual Rental Income: $45,600
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 3,000.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 15.00 x 64.00
  • Lot Dimensions Source: Estimated
  • Parcel ID: 1127769
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: 60+ Gallon Tank
  • Water Source: Public
  • Sewer Septic: Public Sewer

Property History for 1345 West York Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1345 West York Street

Taxable ValueLand$42,500Additions-Total$42,500
Tax Record2024$595 ($50 / month)
Home Facts
Beds0Total Finished SqFt1,590 SqFtAbove Grade Finished SqFt1,590 SqFtStories2Lot Size965 SqFtStyleResidentialZoningRM1CountyPHILADELPHIAAPN37-1-3676-00

Schools near 1345 West York Street

This home is within The School District of Philadelphia.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Hartranft John F School
PublicK to 8

Kensington Culinary Arts
Public9 to 12

Kensington HS
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.

Similar Homes

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1345 West York Street is a multi-family home for sale in Philadelphia, PA 19132. This property was listed for sale on September 10, 2024 by HomeSmart Realty Advisors, it's currently listed at $650,000. It has been on the market for a total of 99 days and was last sold on January 13, 2022. This listing's school district is The School District of Philadelphia. Nearby schools include Hartranft John F School, Kensington Culinary Arts and Kensington HS. 1345 West York Street is a 0-bed, 0-bath, 3,000 sqft multi-family home built in 2022.

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Listing Courtesy of HomeSmart Realty Advisors

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.