343 W Master Street, Philadelphia, PA 19122-4422 $780,000
Interior Sq. Ft: 1,140
Acreage: 0.02
Age:1 years
Taxes: $1,679
Subdivision: Olde Kensington
Design/Type:
End of Row/Townhouse
Description
Discover a unique investment opportunity with two fully upgraded three-bedroom, two-bathroom side by side homes at 343 Master St and 341 Master St, located in the heart of the vibrant and rapidly appreciating Olde Kensington neighborhood. Both properties boast modern open-concept designs, featuring gourmet kitchens with stainless steel appliances, granite countertops, and expansive living areas. Each home also includes private backyards, perfect for relaxing or entertaining. The second floor offers two spacious bedrooms alongside a contemporary full bath, while the third-floor master suites provide luxurious retreats with upscale en-suite bathrooms. With 341 Master St already generating consistent rental income through a Section 8 tenant (100% PHA pay), this portfolio delivers immediate cash flow for investors. These properties are strategically located near the thriving neighborhoods of Fishtown and Northern Liberties, known for their trendy restaurants, boutique shops, and cultural hotspots. Easy access to public transportation and major highways like I-95 enhances the appeal. With a tax abatement in place and Olde Kensington experiencing continuous growth, this portfolio presents an excellent opportunity to capitalize on the area's ongoing development and increasing property values.
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Central Heating, Natural Gas, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer
Garage/Parking
On Street, Public Parking
Interior
Floor Plan - Open, Kitchen - Gourmet, Recessed Lighting, Fully Finished Basement, Heated Basement
Exterior
Slab Foundation, Masonry
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Public Elementary (141 schools)
Public Middle (28 schools)
Public High (66 schools)
Private (96 schools)
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This report is a detailed community overview for Philadelphia (19122), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 29
- Average salary of people in this community: $37,204
Community Summary
- Population Density (ppl / mile): 17,071
- Household Size (ppl): 2.69
- Households w/ Children: 54%
Housing Inventory
- Owned: 2,868 (36.2%)
- Rented: 3,795 (47.8%)
- Vacant: 1,270 (16.0%)
- Total: 7,933
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 9.3%
- Some High School: 12.4%
- High School Graduate: 34.5%
- Some College: 13.6%
- Associate Degree: 4.1%
- Bachelor's Degree: 17.5%
- Graduate Degree: 8.6%
Income by dollar range
Median Income: $37,198
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $712
- One Bedroom: $813
- Two Bedroom: $955
- Three Bedroom: $1,264
- Four Bedroom: $878
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Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-234-6007
Listing Courtesy of: BHHS Fox & Roach-Center City Walnut , (215) 627-6005
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Information Deemed Reliable But Not Guaranteed.
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Listing data as of 11/05/2024.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.