$445,000

507 W DAUPHIN ST, Philadelphia, PA 19133

  • 1,530 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon871sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $291/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Brand New Duplex with 10-Year Tax Abatement & Builder’s Warranty – Just Blocks from booming American Street Corridor and walking distance to Fishtown, offering quick access to some of Philly’s best new restaurants, cafes, breweries, and bars. Welcome to 507 W Dauphin Street, a beautifully renovated duplex offering the perfect blend of modern design, income potential, and location. This fully rehabbed property comes with a 10-year tax abatement and a 1-year builder’s warranty. With projected annual income of $37,800 and a cap rate of 8.5%+, this property checks all the boxes for strong cash flow in one of Philadelphia’s hottest growth areas. making it an exceptional opportunity for first-time homebuyers, savvy investors, or those looking for a 1031 exchange. This duplex features two bi-level units, each with 2 spacious bedrooms and 2 full bathrooms. Both units are outfitted with high-end kitchens featuring quartz countertops, sleek modern cabinetry, stainless steel appliances, and designer backsplashes. You'll love the oak hardwood floors throughout, with durable tile flooring in the finished basement levels. Each bathroom is thoughtfully designed with contemporary tilework and stylish vanities, and both units include large laundry rooms for added convenience. The first-floor unit also boasts a massive private backyard, ideal for entertaining or creating a peaceful city oasis. A security system with camera is also included for peace of mind. Bonus for owner-occupants: This property qualifies for generous grant programs and low down payment options, making it easier than ever to start building equity while earning rental income.

Listing Status:
Active
Listing Office:
Tesla Realty Group, LLC : 8448375274
Listing Agent:
Serge Maslennikov : 2679010101
MLS ID:
PAPH2513436
  • Basement: Full
  • A/C: Central A/C
  • Heating: Forced AirNatural Gas
  • Disability Feature: None

This listing courtesy of Serge Maslennikov, Tesla Realty Group, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

J

John Welsh Elementary School

2331 N 4th St, Philadelphia, PA, 19133

Grades KG-8

0.14 miles away

J

John Welsh Elementary School

2331 N 4th St, Philadelphia, PA, 19133

Grades KG-8

0.14 miles away

T

The U School: Innovative Lab

2000 N 7th St, Philadelphia, PA, 19122

Grades 9-12

0.36 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby