2010 N Randolph St, Philadelphia, PA 19122 $595,000

# of Units: 2
Interior Sq. Ft: 2,350
Acreage: 0.02
Age:1 years
MLS#: PAPH2442980
Design/Type:
Interior Row/Townhouse

Description

High-Yield Duplex in Prime Location – 6.8% Cap Rate + 10-Year Tax Abatement Pending! This brand-new (Fall 2024) luxury duplex in Norris Square is a prime cash-flowing asset generating $4,000/month in rental income with a strong 6.8% cap rate and a pending 10-year tax abatement, keeping overhead low and profits high. Unit 1 (2 bed/2.5 bath) rents for $1,800/month and features a private backyard, while Unit 2 (3 bed/3 bath) rents for $2,200/month with a private rooftop deck offering stunning city views. Designed for maximum ROI with minimal maintenance, this all-electric property boasts modern finishes, high ceilings, recessed lighting, durable vinyl plank flooring, and sleek stainless steel appliances. Located in a high-demand rental area near Fishtown, and public transit, this is an exceptional investment opportunity with strong tenant appeal and long-term appreciation potential. Don’t miss out—schedule your private showing today!

Home Assoc: No
Condo Assoc: No
Garage: N
Basement: Y
Pool: No Pool
School Dist: Philadelphia City

Features

Utilities
90% Forced Air, Electric, Central A/C, Electric, Hot Water - 60+ Gallon Tank, Hot Water - Electric, Public Water, Public Sewer

Garage/Parking
On Street

Interior
Combination Dining/Living, Floor Plan - Open, Recessed Lighting, Sprinkler System, Fully Finished Basement, Smoke Detector, Sprinkler System - Indoor, Window Grills

Exterior
Concrete Perimeter Foundation, Brick Exterior, Vinyl Siding

Contact Information

Listing Courtesy of: HomeSmart Realty Advisors , (215) 604-1191, bill@homesmartrealtyadvisors.com

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Listing data as of 3/16/2025.