2112 North 8th Street

Philadelphia, PA 19122

$549,777
Price
5
Beds
4
Baths
2,103 Sq. Ft.
$261 / Sq. Ft.
2,103
Sq. Ft.
$261
per Sq. Ft.

Description

Introducing 2112 Eighth Street! 7% cap ! Duplex. Located in one of in one of the strongest and booming Multifamily Market in 19122! The building has 2 units, perfectly designed with a functional open floor plan. Great opportunity for first time home BUYER | INVESTOR | 1031 Exchange. Live in one and rent the other out, or receive rental income from both units. Lower UNIT ( ONE ) is a 3BD | 2.5 BA Bi-level apartment with large rear yard. Pro forma rent of 2,100 / Month! Upper UNIT ( TWO ) 2BD | 2 BA...Introducing 2112 Eighth Street! 7% cap ! Duplex. Located in one of in one of the strongest and booming Multifamily Market in 19122! The building has 2 units, perfectly designed with a functional open floor plan. Great opportunity for first time home BUYER | INVESTOR | 1031 Exchange. Live in one and rent the other out, or receive rental income from both units. Lower UNIT ( ONE ) is a 3BD | 2.5 BA Bi-level apartment with large rear yard. Pro forma rent of 2,100 / Month! Upper UNIT ( TWO ) 2BD | 2 BA Bi-level apartment , pro forma rent of 1, 900 / Month! Pro forma annual rent: $46,800, Pro forma CAP: 7.0 %. Both Units feature a flexible floor plan, High ceilings, large windows and an open contemporary feel. Wide plank floors & recessed lighting. Both kitchens are home to shaker-style cabinetry, subway tile, granite countertops, stainless steel appliances. There is ample closet space and W/D hook up in both units. In a great location for commuters, Close proximity to Temple University and the Septa Regional Rail to Center City. . 10-YEAR TAX ABATEMENT! To Keep your operating cost LOW! 1 yr Builder Warranty.
  1. Listed by Amardeep Billy Grewal • KW Empower
    P: 2024609996 grewalbilly@gmail.com

Property Details for 2112 North 8th Street

Tax ID Number
202115900
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Contemporary
Waterfront
No
Garage
No
Municipality
PHILADELPHIA
Central Air
Yes

Location

Listing Courtesy of KW Empower
Add your commute
LISTING UPDATED: 04/09/2024 07:59 PM

Property Details for 2112 North 8th Street

StatusActive
MLS #PAPH2328818
Days on Market56
Taxes$289 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1915
Lot Size0.02 AC / 942 SF
CountyPhiladelphia County

Location

Listing Courtesy of KW Empower
Add your commute

Building Information for 2112 North 8th Street

Stories-Residences2Year Built1915Building Size-Lot Size0.02 AC / 942 SF

Payment Calculator

$3,024 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,000

Property Taxes

$24

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2112 North 8th Street

Location
Location
  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA
  • School District County ID: 300200397108
  • SchoolDistrictSource: Listing Agent
  • County: PHILADELPHIA
  • MLS Area: 19122 (19122)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $20,700
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $0
  • City Town Tax: $130
  • Land Assessed Value: $20,700
  • Clean Green Assessed: No
  • Land Use Code: O50
  • Zoning: RM1
  • Tax Lot: 282
  • School Tax: $158
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2
Multi Family
Unit 1
  • Type: Unit 1
  • Beds Total: 3
  • Half Baths Count: 1
  • Full Baths Count: 2
  • Unit Type Features: Side and Rear Yard
Unit 2
  • Type: Unit 2
  • Beds Total: 2
  • Full Baths Count: 2
Financial Information
Financial Information
  • Gross Scheduled Income: $48,000
  • Cap Rate: 7.00
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 2,103.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 17.00 x 57.00
  • Lot Dimensions Source: Estimated
  • Parcel ID: 995527
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: Other
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Central
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Philadelphia Association of REALTORS
  • List Agent URL: www.phillydigsbilly.com

Property History for 2112 North 8th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2112 North 8th Street

Taxable ValueLand-Additions-Total-
Tax Record2023$290 ($24 / month)
Home Facts
Beds0Total Finished SqFt1,686 SqFtAbove Grade Finished SqFt1,686 SqFtStories3Lot Size942 SqFtStyleCondominiumYear Built1915ZoningRM1CountyPHILADELPHIAAPN20-2-1159-00

Schools near 2112 North 8th 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
Mckinley William School
PublicPK to 8

Kensington Culinary Arts
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.

Similar Homes

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2112 North 8th Street is a multi-family home for sale in Philadelphia, PA 19122. This property was listed for sale on March 8, 2024 by KW Empower, it's currently listed at $549,777. It has been on the market for a total of 56 days and was last sold on February 18, 2022. This listing's school district is Philadelphia City School District. Nearby schools include Mckinley William School, Kensington Culinary Arts and Kensington HS. 2112 North 8th Street is a 5-bed, 4-bath, 2,103 sqft multi-family home built in 1915.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Empower

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.