2139 N 9Th Street, Philadelphia, PA 19122-1313 $585,000

# of Units: 2
Interior Sq. Ft: 2,450
Acreage: 0.02
Age:1 years
Taxes: $818
MLS#: PAPH2393714
Subdivision: Norris Square
Design/Type:
Other

Description

Seize a lucrative investment opportunity with 2139 N 9th, a newly constructed duplex in the booming 19122 multifamily market. This property is particularly appealing with Unit 2 having been rented out for $2,100 per month, and Unit 1 rented at $1950, showcasing its strong income potential. This duplex, meticulously designed for modern living, offers a compelling chance for investors to secure high returns and long-term value. The lower unit features a spacious 1250 SF bi-level layout with 3 bedrooms, 3 bathrooms, and a generous rear yard—ideal for attracting quality tenants. The upper unit, which previously rented for $2,100, includes a 1300 SF bi-level design with 3 bedrooms, 3 bathrooms, and an impressive rooftop deck with stunning skyline views. With an annual rent of $48,600, this property delivers a robust cap rate of over 7%. Both units offer modern, flexible floor plans, high ceilings, large windows, and sleek finishes including wide plank flooring, recessed lighting, shaker-style cabinetry, subway tile, quartz countertops, and stainless steel appliances. Located in a high-demand area near Temple University and the Septa Regional Rail, this property is perfectly positioned for strong rental demand. Benefiting from a 10-year tax abatement to keep operating costs low and a 1-year builder warranty for added security, this investment opportunity blends immediate income potential with long-term growth. Act quickly—schedule a viewing and capitalize on this high-yield investment before it's too late!

Taxes: $818
Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: The School District Of Philadelphia

Features

Utilities
90% Forced Air, Electric, Central A/C, Electric, Hot Water - 60+ Gallon Tank, Public Water, Public Sewer

Garage/Parking
On Street

Interior
Combination Dining/Living, Floor Plan - Open, Sprinkler System, Fully Finished Basement, Security Gate, Sprinkler System - Indoor

Exterior
Fiberglass Roof, Aluminum Siding, Brick Exterior

Contact Information

Listing Courtesy of: HomeSmart Realty Advisors , (215) 604-1191, bill@homesmartrealtyadvisors.com

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Listing data as of 3/05/2025.