343 W MASTER ST new to site

Philadelphia,PA 19122

$ 780000

- Bed

- Bath

1140 SqFt


Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,140 sqft

Price per Sqft $684

Subdivision Olde Kensington

MLS Listing ID PAPH2411010

Style Other

Abv Grd Liv Area 1,140

Originating Board BRIGHT

Year Built 2023

Annual Tax Amount $1,679

Tax Year 2024

Lot Size 655 Sqft

Acres 0.02

Lot Dimensions 16.00 x 42.00

Property Description

Discover a unique investment opportunity with two fully upgraded three-bedroom, two-bathroom side by side homes at 343 Master St and 341 Master St, located in the heart of the vibrant and rapidly appreciating Olde Kensington neighborhood. Both properties boast modern open-concept designs, featuring gourmet kitchens with stainless steel appliances, granite countertops, and expansive living areas. Each home also includes private backyards, perfect for relaxing or entertaining. The second floor offers two spacious bedrooms alongside a contemporary full bath, while the third-floor master suites provide luxurious retreats with upscale en-suite bathrooms. With 341 Master St already generating consistent rental income through a Section 8 tenant (100% PHA pay), this portfolio delivers immediate cash flow for investors. These properties are strategically located near the thriving neighborhoods of Fishtown and Northern Liberties, known for their trendy restaurants, boutique shops, and cultural hotspots. Easy access to public transportation and major highways like I-95 enhances the appeal. With a tax abatement in place and Olde Kensington experiencing continuous growth, this portfolio presents an excellent opportunity to capitalize on the area's ongoing development and increasing property values.

Location

State PA

County Philadelphia

Area 19122 (19122)

Zoning RSA5

Rooms

Basement Fully Finished,Heated

Interior

Interior Features Floor Plan - Open,Kitchen - Gourmet,Recessed Lighting

Hot Water Electric

Heating Central

Cooling Central A/C

Inclusions Washer, Dryer, Refrigerator, Stove, Dishwasher, and Microwave

Equipment Built-In Microwave,Dishwasher,Dryer,Oven/Range - Gas,Washer,Refrigerator

Fireplace N

Appliance Built-In Microwave,Dishwasher,Dryer,Oven/Range - Gas,Washer,Refrigerator

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade,Below Grade

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Tax ID 182318700

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash,Conventional,FHA,Negotiable,VA

Listing Terms Cash,Conventional,FHA,Negotiable,VA

Financing Cash,Conventional,FHA,Negotiable,VA

Special Listing Condition Standard

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