2114 N 8Th Street, Philadelphia, PA 19122-1312 $615,000

# of Units: 4
Interior Sq. Ft: 2,213
Acreage: 0.02
Age:1 years
Taxes: $1,315
MLS#: PAPH2477782
Design/Type:
Detached

Description

**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 Philadelphia’s 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.

Taxes: $1,315
Home Assoc: No
Condo Assoc: No
Garage: N
Basement:
Pool: No Pool
School Dist: Philadelphia City

Features

Utilities
Central Heating, Natural Gas, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer

Garage/Parking
None

Interior
Floor Plan - Open, Intercom, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s), Recessed Lighting

Contact Information

Listing Courtesy of: RE/MAX Plus , (215) 422-3711, properties@plusrealtors.com

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Listing data as of 6/03/2025.