1942 North 32nd Street
$549,000
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Listed By Compass
New Construction
Description
1942 N 32nd St presents an exceptional investment opportunity in a rapidly appreciating area. This newly constructed property benefits from a 10-year tax abatement, offering low expenses and high appeal for tenants. The building consists of two distinct units, each with unique features designed to attract long-term leases. This perfect investment property is set to generate $4,500+ a month in rental income and also offers the opportunity to live in one unit while renting out the second.
The first...1942 N 32nd St presents an exceptional investment opportunity in a rapidly appreciating area. This newly constructed property benefits from a 10-year tax abatement, offering low expenses and high appeal for tenants. The building consists of two distinct units, each with unique features designed to attract long-term leases. This perfect investment property is set to generate $4,500+ a month in rental income and also offers the opportunity to live in one unit while renting out the second.
The first unit is a bi-level space with 2 bedrooms and 2 bathrooms. It boasts an open living,dining layout with a modern and nicely designed kitchen. The first bedroom and bathroom are located on the main floor in addition to a private, spacious backyard, ideal for hosting gatherings and outdoor relaxation.
The lower level includes a second en-suite bedroom with a custom double vanity and designer tile, alongside a large open area that can serve as a second living room, office, or gym. Additional features include a laundry room, high ceilings, custom shelving, abundant natural light and more.
The second unit is another bi-level gem, starting with a large, bright living and dining area complete with custom shelving and a fireplace, leading to a charming balcony for outdoor enjoyment. The chef's kitchen features a large island, full appliance package, open shelving, and beautiful backsplash tiles. Also on the first floor are a bathroom and a bedroom with large windows and custom desk shelving for office use. Upstairs, you'll find two en-suite bedrooms, with the master suite offering a custom closet. Also on the second floor is the laundry room.
Additional features include custom and rustic beams, shelving, vanities, designer tile finishes, hardwood floors throughout, high ceilings with unique light fixtures, a camera intercom system, and keypad locks. The property comes with a 10-year tax abatement and a 1-year builder's warranty.
With its blend of modern amenities and unique character, this property is poised to attract tenants and ensure continuous leasing success.
Located just steps away from the famous Fairmount park, public transportation and all Brewerytown local restaurants and stores.
If you are looking for a unique built and a great investment for years to come, this is for you.
The first...1942 N 32nd St presents an exceptional investment opportunity in a rapidly appreciating area. This newly constructed property benefits from a 10-year tax abatement, offering low expenses and high appeal for tenants. The building consists of two distinct units, each with unique features designed to attract long-term leases. This perfect investment property is set to generate $4,500+ a month in rental income and also offers the opportunity to live in one unit while renting out the second.
The first unit is a bi-level space with 2 bedrooms and 2 bathrooms. It boasts an open living,dining layout with a modern and nicely designed kitchen. The first bedroom and bathroom are located on the main floor in addition to a private, spacious backyard, ideal for hosting gatherings and outdoor relaxation.
The lower level includes a second en-suite bedroom with a custom double vanity and designer tile, alongside a large open area that can serve as a second living room, office, or gym. Additional features include a laundry room, high ceilings, custom shelving, abundant natural light and more.
The second unit is another bi-level gem, starting with a large, bright living and dining area complete with custom shelving and a fireplace, leading to a charming balcony for outdoor enjoyment. The chef's kitchen features a large island, full appliance package, open shelving, and beautiful backsplash tiles. Also on the first floor are a bathroom and a bedroom with large windows and custom desk shelving for office use. Upstairs, you'll find two en-suite bedrooms, with the master suite offering a custom closet. Also on the second floor is the laundry room.
Additional features include custom and rustic beams, shelving, vanities, designer tile finishes, hardwood floors throughout, high ceilings with unique light fixtures, a camera intercom system, and keypad locks. The property comes with a 10-year tax abatement and a 1-year builder's warranty.
With its blend of modern amenities and unique character, this property is poised to attract tenants and ensure continuous leasing success.
Located just steps away from the famous Fairmount park, public transportation and all Brewerytown local restaurants and stores.
If you are looking for a unique built and a great investment for years to come, this is for you.
Listing Agent
Property Details for 1942 North 32nd Street
Tax ID Number
323324000
OwnershipFee Simple
Structure TypeOther
StyleOther
WaterfrontNo
GarageNo
Expected On Market Date10-23-2024
MunicipalityPHILADELPHIA
LISTING UPDATED: 10/24/2024 08:21 PM
Property Details for 1942 North 32nd Street
Status | Active |
---|---|
MLS # | PAPH2410010 |
Days on Market | 29 |
Taxes | $1,090 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 2024 |
Lot Size | 0.03 AC / 1,152 SF |
County | Philadelphia County |
Buyer's Agent Compensation | 2.5% |
Building Information for 1942 North 32nd Street
Stories-Residences2Year Built2024Building Size-Lot Size0.03 AC / 1,152 SF
Property Information for 1942 North 32nd Street
Property History for 1942 North 32nd 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 1942 North 32nd Street
Taxable ValueLand$77,900Additions-Total$77,900
Tax Record2023$1,090 ($91 / month)
Home Facts
Beds0Lot Size1,152 SqFtStyleResidentialZoningRSA5CountyPHILADELPHIAAPN32-3-3240-00
Schools near 1942 North 32nd Street
This home is within The School District of Philadelphia.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Blaine James G School PublicPK to 8 | ||
Strawberry Mansion High School Public9 to 12 | ||
Rhodes E Washington School PublicK to 8 | ||
Dobbins Avt High School 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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