Philadelphia, PA 19122 2114 N 8Th Street

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Presented By: RE/MAX Plus
  • MLS# PAPH2477782
  • 05/02/2025
  • Request Tour
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  • Beds • 6

Home Details

**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 Philadelphias 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.
Presented By: RE/MAX Plus

Interior Features for 2114 N 8Th Street

Bedrooms

Three Bedroom Units Count2

Other Interior Features

LivingAreaSourceAssessor
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric
Interior AmenitiesFloor Plan - Open, Kitchen - Eat-In, Intercom, Kitchen - Island, Primary Bath(s), Recessed Lighting, Skylight(s), Walk-in Closet(s), Bathroom - Walk-In Shower, Breakfast Area

General for 2114 N 8Th Street

Acceptable FinancingCash, Conventional, FHA, PHFA
AccessibilityNone
AppliancesDishwasher, Disposal, Dryer, Microwave, Intercom, Icemaker, Oven/Range - Electric, Refrigerator, Washer
Architectural StyleTraditional
CityPHILADELPHIA
Construction Completed Y/NNo
Construction MaterialsOther
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsDimond and 8th
Garage Y/NNo
HeatingCentral
Lease TypeYearly
Lot Size Square Feet942.00
Lot Size UnitsSquare Feet
MLS Area19122 (19122)
ModificationTimestamp2025-05-11T17:27:04
MunicipalityPHILADELPHIA
New ConstructionYes
Number Of Units Total4
Number of Units Leased2
NumberOfUnitsVacant
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG277.9
Property ConditionExcellent
Property SubtypeDuplex
Property TypeMulti-Family
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Tax Annual Amount1315.0
Tax Assessed Value94000.0
Tax Lot269
Tax Year2024
Total Rooms4
Total SQFT2213
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built2024
Year Built SourceAssessor
ZoningRM1

Exterior for 2114 N 8Th Street

Foundation DetailsOther
Land Assessed Value94000.00
Land Use CodeSR
Lot Dimensions17.00 x 57.00
Lot Size Acres0.02
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
SpaNo
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
WaterfrontY/NNo

Additional Details

Price History

Aleksandar Tomic

Real Estate Professional
Price $615,000
MLS#PAPH2477782
List Date 05/02/2025
Property Type Multi-Family
Phone 571.207.5186
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