2112 N 8th Street
Philadelphia, PA 19122
Listing provided courtesy of: RE/MAX Plus
Property Description
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!
-
Features:
Dryer, Refrigerator, Electric Oven, Electric Range, Washer, Electric Water Heater Central Air Kitchen Island Public Sewer Skylight(s)
| Price: | $550,000 |
| Beds: | 4 |
| Interior (SQFT): | 1,929 |
| Lot Size (SQFT): | 871 |
| Property Type: | Residential Income |
| Year Built: | 1915 |
Listing provided courtesy of: RE/MAX Plus. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. 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. Information is deemed reliable but not guaranteed. © 2025 by BRIGHT MLS. All rights reserved. Listing last updated on 05/06/2025 19:27:41
