Multi-Family, Townhouse $ 615,000

2048 3RD ST

Philadelphia, PA 19122

  • 2,800 SqFt
  • 900 Lot Size
  • 2025 Year Built
Welcome to 2048 3rd Street, a newly constructed DUPLEX boasting 6 bedrooms and 4 bathrooms (3/2 in each unit), a 10 YEAR TAX ABATEMENT and 1 YEAR BUILDERS WARRANTY! Take advantage of everything that comes with this location which includes the redesign of the American Street Corridor and walking distance to the Berks L Stop taking you into center city, LMNO, Kalaya, Goldie, Suraya, Evil Genius Beer Company, Human Robot Brewing Company, Stateside Vodka, The Ground Coffee, Plants, and Gifts, Luna Cafe, Cousins Supermarket, and Norris Square! With projected income of $4200/month or $50,400/year this cash cow will not last long! Qualify for a grant of up to $17,500 in free grant money, making your homeownership dreams a reality with just 3% down and low PMI for owner occupied buyers! (Income restrictions apply)

Step into this 4-story, duplex to explore its open-plan living space and modern kitchen, featuring exquisite quartz countertops with a waterfall edge, two-toned shaker cabinets, a modern subway-tiled backsplash, and high-end stainless steel appliances, including a microwave, slide in range, dishwasher, and a spacious fridge. Each bedroom is equipped with ample closet space, and the 2 full bathrooms showcase beautifully tiled showers with glass doors and large shower heads. The building is equipped with security cameras and an alarm system.

Unit 1 (1st floor and basement) offers a delightful backyard, providing the perfect escape with a projected monthly rent of $2400, while Unit 2 (2nd and 3rd floor) boasts a private rooftop deck with stunning views of the Philadelphia city center and projected monthly rent of $2,000 for a total of $4,400/month or $52,800.

Don't miss out on this exceptional opportunity to merge luxury living with financial advantages. Reach out to the listing agent today for more details and to schedule a viewing.
Listed by Ryan Stawasz of KW Empower

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family, Townhouse

    Sub Type Interior Row/Townhouse

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2, 800 sqft

    Price per Sqft $219

    Subdivision Olde Kensington

    MLS Listing ID PAPH2536192

    Style Traditional

    Abv Grd Liv Area 2,800

    Year Built 2025

    Annual Tax Amount $1,572

    Tax Year 2025

    Lot Size 900 Sqft

    Acres 0.02

    Lot Dimensions 15.00 x 60.00

    Property Sub-Type Interior Row/Townhouse

    Source BRIGHT

  • Location

    State PA

    County Philadelphia

    Area 19122 (19122)

    Zoning RM1

  • Rooms

    Basement Fully Finished

  • Building

    Foundation Concrete Perimeter

    Above Ground Finished SqFt 2800

    Sewer Public Sewer

    Water Public

    Architectural Style Traditional

    Additional Building Above Grade, Below Grade

    New Construction Y

  • Interior

    Interior Features Combination Kitchen/Dining, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Recessed Lighting, Wood Floors, Breakfast Area, Bathroom - Stall Shower, Bathroom - Tub Shower, Upgraded Countertops

    Hot Water Electric

    Heating Forced Air

    Cooling Central A/C

    Inclusions 2 refrigerators and 2 washer/dryers

    Equipment Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Washer, Oven/Range - Electric

    Fireplace N

    Appliance Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Washer, Oven/Range - Electric

    Heat Source Electric

  • Exterior

    Exterior Feature Deck(s), Patio(s)

    Water Access N

    Roof Type Fiberglass

    Accessibility None

    Porch Deck(s), Patio(s)

    Garage N

  • Schools

    School District Philadelphia City

  • Others

    Tax ID 183307600

    Ownership Fee Simple

    SqFt Source 2800

    Special Listing Condition Standard

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