Turnkey Investment Opportunity in Rapidly Growing West KensingtonFully occupied, newer-construction duplex delivering immediate, stable cash flow at 2434 N. Mascher St. Built for low-maintenance ownership and high tenant retention, this property offers strong returns backed by approximately 5 years remaining on its tax abatement. Unit 1: 3 Bed / 2.5 Bath | $1,880/month | Features a private backyard Unit 2: 3 Bed / 2.5 Bath | $1,975/month | Features a private roof deck Total Monthly Income: $3,855/month ($46,260/year) Constructed with quality materials and minimal historical maintenance issues, both units feature modern, high-demand 3BR/2.5BA layouts that consistently attract and hold great tenants. Ideal buy-and-hold asset for investors seeking a low-stress, income-producing property in a booming Philadelphia neighborhood. Portfolio Option: Can be purchased individually or packaged together with 141 W. York St. (corner quadplex) to create a high-yielding, turnkey 6-unit portfolio producing $127,020/year ($10,585/month) in gross income.
| MLS # | PAPH2674510 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | New Construction |
| Status | Active-bright |
| Year | 2021 |
| Days On Site | 14 |
| Listing Provided By | Fifth Realty | Ronit Caplan |
| SQ Feet | 1,944 |
|---|---|
| Basement | Y |
| Units | 2 |
| Zoning | RSA5 |
| Acreage | 0.02 |
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Construction Materials | Brick, Vinyl Siding |
|---|---|
| Foundation Details | Concrete Perimeter |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 1644 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19133 |
| Area | 19133 (19133) |
| Community Name | WEST KENSINGTON |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in WEST KENSINGTON) | |
Price: $535,000 low | high Med: $150,000 sqft: 1,944 low | high Med: 1,350 $ / sqft: $275 low | high Med: $111 On site: 14 low | high Med: 20 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19133 |
| Area | 19133 (19133) |
| Community Name | WEST KENSINGTON |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in WEST KENSINGTON) | |
Price: $535,000 low | high Med: $150,000 sqft: 1,944 low | high Med: 1,350 $ / sqft: $275 low | high Med: $111 On site: 14 low | high Med: 20 | |