1328 NECTARINE ST new to site

Philadelphia,PA 19123

$ 799500

- Bed

- Bath

3200 SqFt


Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $249

MLS Listing ID PAPH2477444

Style Contemporary

Abv Grd Liv Area 3,200

Originating Board BRIGHT

Year Built 2020

Annual Tax Amount $3,422

Tax Year 2024

Lot Dimensions 16.00 x 45.00

Property Sub-Type Interior Row/Townhouse

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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