Bought with Nicole N Hudson-Andrews • SERHANT PENNSYLVANIA LLC
$770,000
$799,500
3.7%For more information regarding the value of a property, please contact us for a free consultation.
3,200 SqFt
SOLD DATE : 07/04/2025
Key Details
Sold Price $770,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $240
MLS Listing ID PAPH2477444
Sold Date 07/04/25
Style Contemporary
Abv Grd Liv Area 3,200
Year Built 2020
Annual Tax Amount $3,422
Tax Year 2024
Lot Dimensions 16.00 x 45.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Welcome to 1328 Nectarine Street! Grab this opportunity to acquire a high-income-producing, bi-level duplex just minutes from Center City—with the option to purchase the neighboring duplex as well, totaling four units across both properties. This modern, side-by-side duplex features a spacious, bi-level 2 bed, 2.5 bath upper unit with a private roof deck, and a bi-level 3 bed, 3.5 bath lower unit with access to a balcony and finished basement. With approximately 3,200 SF, flexible CMX-4 zoning, and approvals in place for short-term rentals, this offering is rare and positioned for strong cash flow. There are 7 years remaining on the 10-year tax abatement, and a tax appeal is currently pending—expected to be resolved by mid-July—which could further enhance returns. Condominium documents have also been prepared, offering the future ability to sell units individually. An ideal opportunity for both investors and owner-users in a rapidly growing corridor.
Location
State PA
County Philadelphia
Area 19123 (19123)
Zoning CMX4
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Equipment Dryer, Dishwasher, Disposal, Microwave, Washer, Freezer, Refrigerator, Stove, Water Heater
Fireplace N
Appliance Dryer, Dishwasher, Disposal, Microwave, Washer, Freezer, Refrigerator, Stove, Water Heater
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 056118812
Ownership Other
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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