4506 Merion Avenue, Philadelphia, PA 19131

$557,500
3,000
SqFt
Sold Price
$557,500
List Price
$585,000
Closing Date
Sep 12, 2023
Days on Market
110
Status
CLOSED
MLS#
PAPH2240364
Living Area
3,000
Lot Size (Acres)
0.02
Style
Bi-level
Year Built
2023
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

FULLY RENTED !!! Welcome to 4506 Merion Ave, Stunningly Finished, Brand New Duplex located in Belmont, one of the rapidly developing sections of Philadelphia. This Gorgeous Multi-Family New Construction Duplex was built by the meticulous and respected builder, NHA Development who spared no expense in building this property to ensure maximum rental income. As soon as you walk in, you will see how much special attentions have been giving to this exclusive high-quality finished duplex. This beautiful Brand-New Duplex is conveniently located, and it provides easy access to all major transportation. The duplex sits on a generous size lot which allows all the units to be much larger than regular units. This amazing duplex offers almost 1500 sqft of livable space for each unit. Unit #1 is bi-level, offering over 1500 sqft with 3 extremely large bedrooms, 3 custom baths, and a huge backyard. Unit #2 is also bi-level, over 1500 sqft with 3 massive bedrooms, 3 custom baths, and an incredible rooftop deck. UNIT 1#2 ARE RENTED at 2000$. It is fully rented now !!! THIS MONEY MACHINE IS COLLECTING $4000 in a month. THIS AMAZING DUPLEX IS GENERATING POSITIVE CASH FLOW With ZERO MAINTENANCE AND APPROVED 10 YEARS TAX ABATEMENT. All units feature high-quality flooring, state-of-the-art kitchen with shaker cabinets and stainless steel appliances, custom tile work all bathrooms, and more. This building is 1 block from BOTH the #10 and #36 trolleys for easy access to Drexel/Penn, Center City, and more. Both the #43 and #64 bus lines stop qt the corner as well in front of the building. This DUPLEX is not only in a convenient location, where property values are appreciating; but it's also located in the Qualified opportunity zone (QOZ) and approved 10 Years Tax Abatement making this a very secure investment. I invite you to take advantage of this life opportunity to own this stunning duplex. There is not much to say !!!. Actions speaks louder than words!!!. This is a life opportunity to own it. You will not be disappointed to see this duplex. Please reach out for showing.

Additional Information

Area
19131 (19131)
Taxes
$239
School District
The School District Of Philadelphia
Heating
90% Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of HomeSmart Realty Advisors. Contact: (215) 604-1191

Selling Office: .