652 N 38th Street

This exceptional, high-yield new construction corner duplex at 652 N 38th St offers investors a turnkey asset that currently generates $4,525 per month in gross rental income, leading to an impressive 7%+ capitalization rate in the rapidly appreciating Mantua neighborhood. The property is fully rented and tenant-occupied, guaranteeing immediate cash flow and eliminating lease-up risk. Strategically designed for maximum rental income, the duplex features two desirable 3-bedroom, 3-bathroom units, each offering individual ensuite baths for every bedroom—a prime feature for high-demand student and professional renters near Drexel and UPenn. Premium finishes like engineered hardwood and quartz countertops ensure durability and appeal, while luxury amenities, including a private backyard for the lower unit and a private roofdeck for the upper unit, command premium rents. Furthermore, the investment is protected by a pending 10-year tax abatement to maximize net operating income, along with a 3-year roof warranty and a 1-year builder warranty, making this a stable and lucrative addition to any investment portfolio.