2114 N 8th St

Lower North Philadelphia, Philadelphia, PA 19122

Introducing 2114 Eighth Street!!! New Construction DUPLEX. Located in one of the strongest and booming Multifamily Market in 19122!!! The building has 2 units, perfectly designed with a functional open floor plan. Great opportunity for first time home BUYER INVESTOR 1031 Exchange. Live in one and rent the other out, or receive rental income from both units. UNIT ( ONE ) is a 3BD 2 BA Bi-level apartment with large rear yard. Pro forma rent of 2,150 / Month!!! Upper UNIT ( TWO ) is a 3BD 3BA Bi-level apartment with a rear deck off the living room and a massive skyline Roof Deck, pro forma rent of 2,300 / Month!!! Pro forma annual rent: $53,400, Pro forma CAP: 8 %. Both Units feature a flexible floor plan, High ceilings, large windows and an open contemporary feel. Wide plank floors & recessed lighting. Both kitchens are home to shaker-style cabinetry, subway tile, quartz countertops, stainless steel appliances. There is ample closet space and W/D hook up in both units. In a great location for commuters, Close proximity to Temple University and the Septa Regional Rail to Center City. ***Property is currently under construction with an APRIL 2024 delivery date***. 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) 10-YEAR TAX ABATEMENT!!! To Keep your operating cost LOW!!! 1 yr Builder Warranty.