1931 E Huntingdon Street
Philadelphia, PAPresenting 1931 E. Huntingdon Street, a new construction triplex with FULL 10-year tax abatement in one of Philadelphia's hottest sub markets, EAST KENSINGTON. Brought to you by 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 the current tax codes before they change in 2021; this is the perfect property to allocate funds into a positive cash flowing asset producing $72,850 in Gross Annual Income, at a 7% 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 $1700/month! 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 $1900/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 $2300/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.
Contingent
- Price
- $ 925,000
- Lot Size
- 1,307 SqFt
- Bedrooms
- 6
- Full Bathrooms
- 0
- Year Built
- 2020
- Half Bathrooms
- 0
- City, Zip
- Philadelphia
- Taxes
- 512
- County
- PHILADELPHIA
- Style
- Traditional
- Area
- 19125
- MLS#
- PAPH898170
- Zip
- 19125
Features
General
Interior Features
Exterior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$3,068
Per MonthBased on the average sale price from the Bethesda, MD office
- Monthly Principal & interest $1,939
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Schools
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Property vs Zip Code Average in 19125
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1931 E Huntingdon Street Philadelphia, PA is a Single Family Home for sale at $925000 and a lot size of 1,307 SqFt Acre(s). 1931 E Huntingdon Street Philadelphia has 6 bedrooms, 0 baths and was built in 2020. The property's zip code is 19125 which is in Philadelphia, PA
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.