NEW CONSTRUCTION - Two Duplexes back-to-back on Germantown Ave and N. Randolph St. Located in one of the strongest and booming Multifamily Markets in 19122 with new construction going on all around. Each building will have 2 units and are for sale for $620,000 each. Great opportunity for first time home buyer, Investor, or 1031 exchange. Live in one and rent the other out or receive rental income from both units. Or buy both duplex’s and have rental income from 4 apartments in one location. Each building has a lower-level apartment with 2 bedrooms and 3 Baths and a upper level apartment with 3 bedrooms, 3 full baths, and large roof deck with great views of the downtown skyline. Proforma rent is $2,300 for the upper unit and $2,000 for the lower or $51,600 per year for each duplex, $103,200/year from both duplexes. All apartments will have contemporary styling, ample closets, and a washer/dryer hook up in each apartment. They are in a great location for commuters, Close proximity to Temple University and the Septa Regional Rail to Center City. Property is currently under construction with a June 2024 delivery date. 10-YEAR TAX ABATEMENT to Keep your operating cost LOW.
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 2024
Living Area: 2,700 SqFt
Listing Office:
Office Name: Keller Williams Real Estate - Bensalem
Office Phone: (215) 638-3830
Listing Agent: Arthur C Silcox
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Parking: On Street
Lot Features
Lot Information:
Lot Size: 0.02 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Central Air
School Info
Assigned Schools Information:
Benjamin Franklin High School, Public District Grades 9-12
William McKinley School, Public District Grades KG-8
Other
Directions Information:
Directions: From North on Broad St. turn right onto W. Norris St to Left on Germantown Ave. The property will be on the right.
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $620,000
Price Per SqFt: $230/SqFt
Tax Information:
Annual Amount: $228
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $361.1K more than the Median Sold Price and $34/SqFt more than other homes in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2345572
Listing Office:
Office Name: Keller Williams Real Estate - Bensalem
Office Phone: (215) 638-3830
Listing Agent: Arthur C Silcox
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
William McKinley School
2101 N Orkney St
Distance between this listing and this school0.12 miles
Public District Grades KG-8
High School
2
/10
Benjamin Franklin High School
550 N Broad St
Distance between this listing and this school1.60 miles
Public District Grades 9-12
Assigned Schools
3
/10
William McKinley School
2101 N Orkney St
Distance between this listing and this school0.12 miles
Public District Grades KG-8
Nearby Schools
2
/10
John Welsh Elementary School
2331 N 4th St
Distance between this listing and this school0.40 miles
Public District Grades KG-8
2
/10
John F. Hartranft School
720 W Cumberland St
Distance between this listing and this school0.54 miles
Public District Grades PK-8
Nearby Schools
4
/10
Pan American Academy Charter School
2830 N American St
Distance between this listing and this school0.93 miles
Public Charter Grades KG-8
4
/10
Young Scholars Charter School
900 N Marshall St
Distance between this listing and this school1.01 miles
Public Charter Grades 5-8
3
/10
Alliance For Progress Charter School
182139 Cecil B Moore Ave
Distance between this listing and this school1.16 miles
Public Charter Grades KG-8
Assigned Schools
2
/10
Benjamin Franklin High School
550 N Broad St
Distance between this listing and this school1.60 miles
Public District Grades 9-12
Nearby Schools
2
/10
Kensington Creative & Performing Arts High School
1901 N Front St
Distance between this listing and this school0.61 miles
Public District Grades 9-12
2
/10
Philadelphia Military Academy At Elverson
21182160 North 13th St
Distance between this listing and this school0.63 miles
The neighbors living near this home have an average income of $26,563. The most common annual income of people living in Philadelphia, PA is less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
This home is located at 2013 Germantown Ave in Philadelphia, PA and zip code 19122 in the Hartranft neighborhood. This 2,700 square foot home, which was built in 2024, sits on a 0.02 acre lot. It has been listed on Rocket Homes since April 21, 2024 and is currently priced at $620,000.
Philadelphia, PA housing market in April 2024 saw over 242 listings sold above listed price, more than 216 sold at listed price and over 502 sold below. The inventory of homes for sale in Philadelphia, PA between March 2024 and April 2024 increased by 9.8%. In April 2024 median list price was $258,806 and the average listing age was 50 days.
From Rocket Homes Real Estate and based on county public records data.