PA > Philadelphia
Philadelphia, PA 19122,2114 N 8TH ST
Listed by Matin Haghkar • RE/MAX Plus
$615,000
Est. payment /mo
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2,213 SqFt
Active

2114 N 8TH ST Philadelphia, PA 19122

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Michelle McMaster

Michelle McMaster

+1(856) 335-5586

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,213 sqft

Price per Sqft $277

MLS Listing ID PAPH2477782

Style Traditional

Abv Grd Liv Area 2,213

Originating Board BRIGHT

Year Built 2024

Annual Tax Amount $1,315

Tax Year 2024

Lot Size 942 Sqft

Acres 0.02

Lot Dimensions 17.00 x 57.00

Property Sub-Type Detached

Property Description

**Photos of property will be updated this week*

Welcome to 2114 Eighth Street – FULLY LEASED New Construction Duplex in Hot 19122!

Incredible investment opportunity in one of Philadelphia's fastest-growing multifamily submarkets. This brand-new, fully leased duplex features two spacious bi-level units, modern finishes, and strong rental income.

Unit 1 offers 3 bedrooms, 2 bathrooms, a private rear yard, and rents for $1,700/month.
Unit 2 includes 3 bedrooms, 3 bathrooms, a rear deck off the living room, and a massive skyline roof deck, currently leased for $2,000/month.

Annual rental income: $44,400
Pro forma CAP Rate: 7%

Each unit features:
Open-concept floor plans
High ceilings and large windows
Wide plank flooring & recessed lighting
Shaker-style cabinetry, quartz countertops, subway tile backsplash
Stainless steel appliances
In-unit washer/dryer
Ample closet space
Location: Close to Temple University, SEPTA Regional Rail, and major transit routes. A commuter-friendly and high-demand rental area.

BONUS:
10-Year Tax Abatement – Low operating costs
Perfect for investors, 1031 Exchange buyers, or anyone seeking a low-maintenance, high-return asset.

Location

State PA

County Philadelphia

Area 19122 (19122)

Zoning RM1

Interior

Interior Features Floor Plan - Open, Kitchen - Eat-In, Intercom, Kitchen - Island, Primary Bath(s), Recessed Lighting, Skylight(s), Walk-in Closet(s), Bathroom - Walk-In Shower, Breakfast Area

Hot Water Electric

Heating Central

Cooling Central A/C

Equipment Dishwasher, Disposal, Dryer, Microwave, Intercom, Icemaker, Oven/Range - Electric, Refrigerator, Washer

Fireplace N

Appliance Dishwasher, Disposal, Dryer, Microwave, Intercom, Icemaker, Oven/Range - Electric, Refrigerator, Washer

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction Y

Schools

School District Philadelphia City

Others

Tax ID 202116001

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA, PHFA

Listing Terms Cash, Conventional, FHA, PHFA

Financing Cash,Conventional,FHA,PHFA

Special Listing Condition Standard

Bright MLS (BMLS)

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agent

Michelle McMaster

Broker | License ID: 1542221

+1(856) 335-5586

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2114 N 8TH ST

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