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ActivePhiladelphia, PA, 19122
High-Yield Duplex in Prime Location – 6.8% Cap Rate + 10-Year Tax Abatement Pending! This brand-new (Fall 2024) luxury duplex in Norris Square is a prime cash-flowing asset generating $4,000/month in rental income with a strong 6.8% cap rate and a pending 10-year tax abatement, keeping overhead low and profits high. Unit 1 (2 bed/2.5 bath) rents for $1,800/month and features a private backyard, while Unit 2 (3 bed/3 bath) rents for $2,200/month with a private rooftop deck offering stunning city views. Designed for maximum ROI with minimal maintenance, this all-electric property boasts modern finishes, high ceilings, recessed lighting, durable vinyl plank flooring, and sleek stainless steel appliances. Located in a high-demand rental area near Fishtown, and public transit, this is an exceptional investment opportunity with strong tenant appeal and long-term appreciation potential. Don’t miss out—schedule your private showing today!
Listed by: Emre Yucel, HomeSmart Realty Advisors
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