#PAPH2431736, William Avdula Ndreu, Listing Office: RE/MAX One Realty
$6,519
closing credit¹
1942 N 32nd St Philadelphia, PA 19121
Property details
About 1942 N 32nd St
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.
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2410010
- MLS Name: BRIGHT
- Office Name: Compass Pennsylvania, LLC
- Office Phone: (267) 435-8015
- Office Email: marianne.dillon@compass.com
- Listing Agent: Reda B Akbil
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Last updated on: 2/8/2025, 4:57:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![kitchen featuring backsplash, pendant lighting, white cabinetry, appliances with stainless steel finishes, and light hardwood / wood-style floors](/homes/listing-images/51529430_S0366/S0366/S0366-R0100/803423624504/803423624504-1.jpg?version=1729626112&width=640)
$549,000
1942 N 32nd St
$6,519
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 14, 2023 | Home Sold | $60,000 |
Feb 11, 2022 | Home Sold | $40,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $77,900 | $1,090 |
2022 | $77,900 | $141 |
2021 | $- | $141 |
2020 | $10,100 | $141 |
2019 | $10,100 | $141 |
2018 | $10,100 | $141 |
2017 | $10,100 | $141 |
History based on county public records data.
Nearby schools
1
Richard R. Wright Elementary School
Public District KG-5
0.5 mi
•2700 W Dauphin St
1
Thomas May Peirce Elementary School
Public District KG-6
1.2 mi
•2300 W Cambria St
2
Kipp North Philadelphia Charter School
Public Charter KG-6
1.5 mi
•2539 N 16th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,196. The most common annual income of people living in Philadelphia, PA is less than $<35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
This home is located at 1942 N 32nd St in Philadelphia, PA and zip code 19121 in the Strawberry Mansion neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $549,000.
In January 2025, from all listings sold in Philadelphia, PA there were more than 152 sold above asking price, over 457 sold below and more than 186 were sold right at the asked price. In January 2025 in Philadelphia, PA there were 3.5% more homes for sale than in December. Listings spent 52 days on the market in January 2025, and had a median list price of $266,945 during the same period.