1931 E Huntingdon St

Philadelphia, PA 19125 View Map $950,000 Schedule a Tour
Sq.Ft. Lot1,161
Year2021
Reid Rosenthal

Reid Rosenthal

(267) 626-7613

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Status: Active
Property Type:Interior Row/Townhouse
MLS #:PAPH2353152
On Site:7 Days
Lot Size:1,161 Sq. Ft.
County:Philadelphia

Listing Office

Office:KW Empower
Presenting 1931 E. Huntingdon Street, a new construction triplex with 7 years left on tax abatement in one of Philadelphia's hottest sub markets, EAST KENSINGTON. Originally built by the STAMM DEVELOPMENT GROUP, this stabilized asset is primed for future appreciation with approved building plans for 1,000 units within a half mile radius!!! Whether you are looking to take advantage of a 1031 exchange or live in one unit and rent out the others; this is the perfect property to allocate funds into a positive cash flowing asset producing $80,700 in Gross Potential Income, at a 7.1% CAP RATE!!! Each unit features Schlage keyless entry with video intercom, a gorgeous kitchen with quartz countertops, Samsung stainless steel appliances, white shaker cabinets, penny tile backsplash, Delta Chrome Fixtures, luxury vinyl plank flooring that is scratch proof and water resistant, and LED recessed lighting. Unit 1 is a spacious 2-bedroom, 2 full bathroom bi-level apartment on the 1st floor and basement with a lease in place for $2,500/month and will be sold FULLY FURNISHED! This unit also features a private backyard space. Unit 2 is a 2-bedroom, 2 full bathroom bi-level unit comprised of a living room, dining room, and kitchen projected at $1875/month. The second floor contains one bedroom and one bathroom, kitchen, and a spacious living area with a private balcony. The other bedroom is a private suite downstairs, in the rear of the building with its own private bathroom as well. Unit 3 is a ONE OF A KIND, 2-bedroom, 2 full bathrooms, plus bonus loft space and walk out roof deck with 20 ft ceilings and large glass windows currently rented for $2350/month! One bedroom is on the 3rd floor rear with the other located on the 4th floor with a full bathroom. This spacious triplex is only steps away from Philadelphia Brewing Co., York-Dauphin Station and Huntingdon Station into Center City, Urban Axes, Franny Lou's Porch, Temple University Hospital, Amalgam Coffeehouse, Martha, Memphis Taproom, Save-A-Lot Grocery, and much more. Reach out to the listing agent to schedule a private showing. Property is located in a PA Federal Opportunity Zone.

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$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:1931 E Huntingdon St, Philadelphia, PA 19125
Subdivision:East Kensington
Zip Code:19125

Architecture

Year Built:2021
Style:Traditional
Exterior: Brick, Vinyl Siding
Roof: Rubber
Foundation: Concrete Perimeter
Basement: Fully Finished

Features / Amenities

Interior Features: Combination Kitchen/Living, Floor Plan - Open, Intercom, Kitchen - Island, Sprinkler System, Upgraded Countertops, Window Treatments
Appliances: Dishwasher, Disposal, Dryer - Electric, Energy Efficient Appliances, Exhaust Fan, Icemaker, Intercom, Microwave, Oven/Range - Electric, Stainless Steel Appliances, Refrigerator, Washer, Water Heater - High-Efficiency
Floor: Hardwood
Other Structures: Above Grade, Below Grade
Patio And Porch: Brick, Balconies- Multiple, Deck(s)
Cooling: Central A/C
Heating: Central, Forced Air
Cooking Fuel: Electric
Fuel On Site: Electric
Hot Water: Electric

Property Features

Lot Size: 0.03 Acres / 1,161 Sq. Ft.
Lot Number: 227
Parking: On Street
Sewer: Public Sewer
Water Source: Public
Central Air: Yes
Municipality: PHILADELPHIA
Zoning:RM1
Directions:E. Huntingdon & Emerald

Tax and Financial Info

Tax Year: 2024
Total Taxes: $2,296 (paid Annually)
Annual Insurance Expense: $2, 611

Schools

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1931 E Huntingdon St Philadelphia,  PA 19125
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1931 E Huntingdon St Philadelphia, PA 19125
 
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Listing Information Last Updated 5/19/2024
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