1. Pennsylvania
2. Philadelphia
3. 2112 N 8TH STREET

2112 N 8TH STREET, Philadelphia, PA 19122

• 1,929 sqft

Property Description

**Photos of property will be updated this week* 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 Philadelphia’s 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 Don’t miss this high-yield, low-maintenance investment opportunity in a rapidly appreciating neighborhood!

Listing Status:

Active

Listing Office:

RE/MAX Plus : 2154223711

Listing Agent:

Matin Haghkar : 2154223711

MLS ID:

PAPH2477776

Interior

• General: 2nd KitchenBathroom - Walk-In ShowerBreakfast AreaDining AreaFloor Plan - TraditionalKitchen - IslandSkylight(s)Recessed Lighting
• Appliances: DryerIntercomOven/Range - ElectricRefrigeratorWasher
• Basement: Fully Finished
• Flooring: Luxury Vinyl Tile
• A/C: Central A/C
• Heating: YCentralNatural Gas
• Disability Feature: None

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Matin Haghkar, RE/MAX Plus