Patterson-Schwartz Real Estate1942 N 32Nd Street, Philadelphia, PA 19121-1735 $549,000
Acreage: 0.03
Age:0 years
Taxes: $1,090
Design/Type:
Other
Description
1942 N 32nd St presents an exceptional investment opportunity in a rapidly appreciating area. This newly constructed property benefits from a 10-year tax abatement, offering low expenses and high appeal for tenants. The building consists of two distinct units, each with unique features designed to attract long-term leases. This perfect investment property is set to generate $4,500+ a month in rental income and also offers the opportunity to live in one unit while renting out the second. The first unit is a bi-level space with 2 bedrooms and 2 bathrooms. It boasts an open living,dining layout with a modern and nicely designed kitchen. The first bedroom and bathroom are located on the main floor in addition to a private, spacious backyard, ideal for hosting gatherings and outdoor relaxation. The lower level includes a second en-suite bedroom with a custom double vanity and designer tile, alongside a large open area that can serve as a second living room, office, or gym. Additional features include a laundry room, high ceilings, custom shelving, abundant natural light and more. The second unit is another bi-level gem, starting with a large, bright living and dining area complete with custom shelving and a fireplace, leading to a charming balcony for outdoor enjoyment. The chef's kitchen features a large island, full appliance package, open shelving, and beautiful backsplash tiles. Also on the first floor are a bathroom and a bedroom with large windows and custom desk shelving for office use. Upstairs, you'll find two en-suite bedrooms, with the master suite offering a custom closet. Also on the second floor is the laundry room. Additional features include custom and rustic beams, shelving, vanities, designer tile finishes, hardwood floors throughout, high ceilings with unique light fixtures, a camera intercom system, and keypad locks. The property comes with a 10-year tax abatement and a 1-year builder's warranty. With its blend of modern amenities and unique character, this property is poised to attract tenants and ensure continuous leasing success. Located just steps away from the famous Fairmount park, public transportation and all Brewerytown local restaurants and stores. If you are looking for a unique built and a great investment for years to come, this is for you.
Home Assoc: No
Condo Assoc: No
Basement:
Pool: No Pool
Features
Utilities
90% Forced Air, Central Heating, Natural Gas, Central A/C, Natural Gas, Hot Water - Natural Gas, Public Water, Public Sewer
Garage/Parking
None
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Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
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Public Elementary (159 schools)
Public Middle (29 schools)
Public High (72 schools)
Private (135 schools)
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This report is a detailed community overview for Philadelphia (19121), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 32
- Average salary of people in this community: $31,826
Community Summary
- Population Density (ppl / mile): 13,816
- Household Size (ppl): 2.52
- Households w/ Children: 57%
Housing Inventory
- Owned: 3,933 (23.9%)
- Rented: 8,475 (51.6%)
- Vacant: 4,024 (24.5%)
- Total: 16,432
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: 3.6%
- Some High School: 18.0%
- High School Graduate: 36.6%
- Some College: 21.7%
- Associate Degree: 4.5%
- Bachelor's Degree: 8.9%
- Graduate Degree: 6.8%
Income by dollar range
Median Income: $21,201
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: $631
- One Bedroom: $705
- Two Bedroom: $840
- Three Bedroom: $929
- Four Bedroom: $1,622
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Contact Information
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or call me now at
Listing Courtesy of: Compass Pennsylvania, LLC , (267) 435-8015, marianne.dillon@compass.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 12/23/2024.
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.
