1931 East Huntingdon Street
1931 East Huntingdon Street
$950,000
6
6
4,000
4,000
$238
New Construction
Description
Presenting 1931 E. Huntingdon Street, a new construction triplex with 7 years left on tax abatement in one of Philadelphia's hottest sub markets, EAST KENSINGTON. Originally built by the STAMM DEVELOPMENT GROUP, this stabilized asset is primed for future appreciation with approved building plans for 1,000 units within a half mile radius! Whether you are looking to take advantage of a 1031 exchange or live in one unit and rent out the others; this is the perfect property to allocate funds into a positive...Presenting 1931 E. Huntingdon Street, a new construction triplex with 7 years left on tax abatement in one of Philadelphia's hottest sub markets, EAST KENSINGTON. Originally built by the STAMM DEVELOPMENT GROUP, this stabilized asset is primed for future appreciation with approved building plans for 1,000 units within a half mile radius! Whether you are looking to take advantage of a 1031 exchange or live in one unit and rent out the others; this is the perfect property to allocate funds into a positive cash flowing asset producing $80,700 in Gross Potential Income, at a 7.1% CAP RATE! Each unit features Schlage keyless entry with video intercom, a gorgeous kitchen with quartz countertops, Samsung stainless steel appliances, white shaker cabinets, penny tile backsplash, Delta Chrome Fixtures, luxury vinyl plank flooring that is scratch proof and water resistant, and LED recessed lighting. Unit 1 is a spacious 2-bedroom, 2 full bathroom bi-level apartment on the 1st floor and basement with a lease in place for $2,500/month and will be sold FULLY FURNISHED! This unit also features a private backyard space. Unit 2 is a 2-bedroom, 2 full bathroom bi-level unit comprised of a living room, dining room, and kitchen projected at $1875/month. The second floor contains one bedroom and one bathroom, kitchen, and a spacious living area with a private balcony. The other bedroom is a private suite downstairs, in the rear of the building with its own private bathroom as well. Unit 3 is a ONE OF A KIND, 2-bedroom, 2 full bathrooms, plus bonus loft space and walk out roof deck with 20 ft ceilings and large glass windows currently rented for $2350/month! One bedroom is on the 3rd floor rear with the other located on the 4th floor with a full bathroom. This spacious triplex is only steps away from Philadelphia Brewing Co., York-Dauphin Station and Huntingdon Station into Center City, Urban Axes, Franny Lou's Porch, Temple University Hospital, Amalgam Coffeehouse, Martha, Memphis Taproom, Save-A-Lot Grocery, and much more. Reach out to the listing agent to schedule a private showing. Property is located in a PA Federal Opportunity Zone.
- Listed by Ryan Stawasz • KW EmpowerP: 2157606291 ryan@tsg.homes
Property Details for 1931 East Huntingdon Street
Tax ID Number
314149600
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleTraditional
WaterfrontNo
GarageNo
SubdivisionEAST KENSINGTON
SubdivisionEAST KENSINGTON (PHILADELPHIA PA)
Location
LISTING UPDATED: 05/13/2024 01:47 PM
Property Details for 1931 East Huntingdon Street
Status | Active |
---|---|
MLS # | PAPH2353152 |
Days on Market | 19 |
Taxes | $2,296 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 2020 |
Lot Size | 0.03 AC / 1,161 SF |
County | Philadelphia County |
Building
Location
Building Information for 1931 East Huntingdon Street
Stories2Residences-Year Built2020Building Size-Lot Size0.03 AC / 1,161 SF
Payment Calculator
$5,376 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1931 East Huntingdon Street
Property History for 1931 East Huntingdon Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1931 East Huntingdon Street
Taxable ValueLand-Additions-Total-
Tax Record2023$2,296 ($191 / month)
Home Facts
Beds6Total Finished SqFt1,998 SqFtAbove Grade Finished SqFt1,998 SqFtStories2Lot Size1,161 SqFtStyleCondominiumYear Built2019ZoningRM1CountyPHILADELPHIAAPN31-4-1496-00
Schools near 1931 East Huntingdon Street
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Brown Henry A School PublicPK to 8 | ||
Kensington Culinary Arts Public9 to 12 | ||
Kensington Creative & Performing Arts High School Public9 to 12 | ||
Kensington HS Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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