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Mary Palma

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610 N UNION ST Philadelphia, PA 19104

2,800 SqFt

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Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $264

MLS Listing ID PAPH2464294

Style Contemporary

Abv Grd Liv Area 2,800

Originating Board BRIGHT

Year Built 2023

Annual Tax Amount $1,117

Tax Year 2025

Lot Size 990 Sqft

Acres 0.02

Lot Dimensions 15.00 x 66.00

Property Sub-Type Interior Row/Townhouse

Property Description

Introducing an amazing investment opportunity in the heart of University City. This recently constructed duplex, completed in 2023, offers not only modern luxury and strong rental income but also the highly sought-after original Philadelphia 10-year tax abatement, with eight years remaining an advantage that enhances long-term returns. Just moments from Drexel University and the University of Pennsylvania, this property features two meticulously designed bi-level apartments that seamlessly blend luxury and functionality. The open-concept layouts are bathed in natural light, complemented by wide plank flooring, gleaming stainless-steel appliances, and gourmet kitchens outfitted with dual-colored cabinetry, quartz countertops, and stylish accent lighting. Each unit boasts three spacious bedrooms and three well-appointed bathrooms, ensuring ample accommodation for tenants. Unit A is currently leased at $2,400 per month, while Unit B rents for $2,600, generating a combined $5,000 in monthly rental income. Both units feature expansive common areas and oversized walk-in closets, with Unit 1 offering a private backyard and Unit 2 showcasing a stunning roof deck with panoramic city views. Designed for convenience, the property includes separate metering for gas, water, and electric, along with in-unit washers and dryers. Its prime location near Drexel University and Penn Presbyterian Hospital makes it an ideal choice for students, medical professionals, and university staff. With a Walkscore of 81, a Transit Score of 61, and a Bike Score of 98, residents enjoy effortless access to public transportation, University City, and Downtown Philadelphia. Surrounded by a diverse array of restaurants, cafes, and boutiques, this property epitomizes urban living at its finest. Contact us today to learn more about 610 Union St and take the next step in elevating your real estate portfolio.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RM-1

Interior

Interior Features Upgraded Countertops, Sprinkler System, Recessed Lighting, Family Room Off Kitchen

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Equipment Dishwasher, Dryer, Energy Efficient Appliances, Water Heater, Washer, Stainless Steel Appliances, Refrigerator, Oven/Range - Gas, Microwave, Intercom

Fireplace N

Appliance Dishwasher, Dryer, Energy Efficient Appliances, Water Heater, Washer, Stainless Steel Appliances, Refrigerator, Oven/Range - Gas, Microwave, Intercom

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Slab

Sewer Public Septic, Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Tax ID 242235510

Ownership Fee Simple

SqFt Source Assessor

Security Features Intercom,Sprinkler System - Indoor

Special Listing Condition Standard

Virtual Tour https://youtu.be/LHdNHvege4E

Listed by ERIC Andrew Dvotsky • BHHS Fox & Roach-Center City Walnut

Mary Palma

Broker | License ID: 0225079781

+1(571) 259-3009

Mary Palma

610 N UNION ST Philadelphia, PA 19104

Key Details

Location

Interior

Exterior

Building

Schools

Others

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610 N UNION ST