Property

Philadelphia, PA 19122 2112 N 8Th Street

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Presented By: RE/MAX Plus
  • MLS# PAPH2477776
  • 05/02/2025
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  • Beds • 4

Home Details

Duplex | 5 Beds | 4.5 Baths | 2 Units | 7.0% CAP Rate | 10-Year Tax Abatement Fantastic investment or owner-occupant opportunity in one of Philadelphias hottest multifamily submarkets 19122! This newer construction duplex offers a strong pro forma 7% CAP rate with flexible floor plans and high-end finishes throughout. Unit 1 (Lower): 3BD / 2.5BA bi-level unit with private rear yard. Projected rent: $2,100/mo Unit 2 (Upper): 2BD / 2BA bi-level unit, leased for $1,800/mo on annual lease. Total Pro Forma Rent: $46,800/year Pro Forma CAP Rate: 7.0% 10-Year Tax Abatement in place. Each unit features open-concept living, wide-plank flooring, recessed lighting, stainless steel appliances, shaker cabinetry, granite countertops, subway tile backsplash, W/D hookups, and large windows for natural light. Located near Temple University, SEPTA Regional Rail, and major transit corridors. Ideal for commuters, students, and professionals alike. Perfect for: Owner-occupants (live in one, rent the other) Investors seeking passive income 1031 Exchange buyers Dont miss this high-yield, low-maintenance investment opportunity in a rapidly appreciating neighborhood!
Presented By: RE/MAX Plus

Interior Features for 2112 N 8Th Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
BasementFully Finished
Basement (Y/N)Yes
Central Air Y/NYes
Fireplace Y/NNo
FlooringLuxury Vinyl Tile
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric
Interior Amenities2nd Kitchen, Bathroom - Walk-In Shower, Breakfast Area, Dining Area, Floor Plan - Traditional, Kitchen - Island, Skylight(s), Recessed Lighting

General for 2112 N 8Th Street

AccessibilityNone
AppliancesDryer, Intercom, Oven/Range - Electric, Refrigerator, Washer
Architectural StyleTraditional
Association Recreation FeeN
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
Directions8th and Diamond
Garage Y/NNo
HeatingCentral
Lease TypeYearly
Lot Size Square Feet942.00
Lot Size UnitsSquare Feet
MLS Area19122 (19122)
ModificationTimestamp2025-05-06T15:40:30
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total1
Number of Units Leased2
NumberOfUnitsVacant
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG285.12
Property ConditionExcellent
Property SubtypeDuplex
Property TypeMulti-Family
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Tax Annual Amount3849.0
Tax Assessed Value275000.0
Tax Lot282
Tax Year2024
Total SQFT1929
Two Bedroom2
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1915
Year Built SourceAssessor
ZoningRM1

Exterior for 2112 N 8Th Street

Foundation DetailsOther
Land Assessed Value55000.00
Land Use CodeO50
Lot Dimensions17.00 x 57.00
Lot Size Acres0.02
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
SpaNo
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Tina Torres

Broker/Owner
Price $550,000
MLS#PAPH2477776
List Date 05/02/2025
Property Type Multi-Family
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