507 W DAUPHIN ST Philadelphia, PA 19133
1,530 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,530 sqft
Price per Sqft $290
MLS Listing ID PAPH2513436
Style Straight Thru
Abv Grd Liv Area 1,530
Year Built 1930
Annual Tax Amount $1,884
Tax Year 2024
Lot Size 1,065 Sqft
Acres 0.02
Lot Dimensions 15.00 x 71.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Welcome to 507 W Dauphin Street, a beautifully renovated duplex offering the perfect blend of modern design, income potential, and location. This fully rehabbed property comes with a 10-year tax abatement and a 1-year builder's warranty. With projected annual income of $37,800 and a cap rate of 8.5%+, this property checks all the boxes for strong cash flow in one of Philadelphia's hottest growth areas. making it an exceptional opportunity for first-time homebuyers, savvy investors, or those looking for a 1031 exchange.
This duplex features two bi-level units, each with 2 spacious bedrooms and 2 full bathrooms. Both units are outfitted with high-end kitchens featuring quartz countertops, sleek modern cabinetry, stainless steel appliances, and designer backsplashes. You'll love the oak hardwood floors throughout, with durable tile flooring in the finished basement levels.
Each bathroom is thoughtfully designed with contemporary tilework and stylish vanities, and both units include large laundry rooms for added convenience. The first-floor unit also boasts a massive private backyard, ideal for entertaining or creating a peaceful city oasis. A security system with camera is also included for peace of mind.
Bonus for owner-occupants: This property qualifies for generous grant programs and low down payment options, making it easier than ever to start building equity while earning rental income.
Location
State PA
County Philadelphia
Area 19133 (19133)
Zoning RM1
Rooms
Basement Full
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 191424000
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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