2114 N 8th Street
Philadelphia, PA 19122
Listing provided courtesy of: RE/MAX Plus
Property Description
**Photos of property will be updated this week*
Welcome to 2114 Eighth Street – FULLY LEASED New Construction Duplex in Hot 19122!
Incredible investment opportunity in one of Philadelphia’s fastest-growing multifamily submarkets. This brand-new, fully leased duplex features two spacious bi-level units, modern finishes, and strong rental income.
Unit 1 offers 3 bedrooms, 2 bathrooms, a private rear yard, and rents for $1,700/month.
Unit 2 includes 3 bedrooms, 3 bathrooms, a rear deck off the living room, and a massive skyline roof deck, currently leased for $2,000/month.
Annual rental income: $44,400
Pro forma CAP Rate: 7%
Each unit features:
Open-concept floor plans
High ceilings and large windows
Wide plank flooring & recessed lighting
Shaker-style cabinetry, quartz countertops, subway tile backsplash
Stainless steel appliances
In-unit washer/dryer
Ample closet space
Location: Close to Temple University, SEPTA Regional Rail, and major transit routes. A commuter-friendly and high-demand rental area.
BONUS:
10-Year Tax Abatement – Low operating costs
Perfect for investors, 1031 Exchange buyers, or anyone seeking a low-maintenance, high-return asset.
-
Features:
Dishwasher, Disposal, Dryer, Refrigerator, Ice Maker, Microwave, Electric Oven, Electric Range, Washer, Electric Water Heater Central Air Eat-in Kitchen, Kitchen Island, Walk-In Closet(s) Public Sewer Skylight(s)
| Price: | $615,000 |
| Beds: | 6 |
| Interior (SQFT): | 2,213 |
| Lot Size (SQFT): | 871 |
| Property Type: | Residential Income |
| Year Built: | 2024 |
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 05/19/2025 11:07:36
