2438 N Mascher St, Philadelphia, PA 19133

Property Description

*** This Duplex qualifies for a reduced-rate DSCR loan program and potential lender credit through Prosperity Mortgage. Interest rate buydown options also available with acceptable offer *** Check out this fantastic 3-year-new build in the trendy West Kensington neighborhood of Philadelphia! This property features two spacious units, each with 3 bedrooms and 3 bathrooms. The lower unit (unit-1) is rented for $1,850/month on a yearly lease and the top unit (Unit 2) is rented for $1,875/month on a yearly lease. This low maintenance property provides solid rental income for active investors. As you step inside, you’ll be greeted by a bright and modern interior with high-end finishes throughout. The open layout connects the living, dining, and kitchen areas, creating a great space for entertaining or just hanging out. The kitchen is equipped with stainless steel appliances and plenty of counter space for all your cooking adventures. Both apartments have high efficiency systems, appliances, and each unit has a private washer and dryer. Unit 1 boasts a lovely rear patio, perfect for gathering with friends and grilling while Unit 2 offers a roof deck with stunning views of the city and the sunsets.. You, or your tenants, are a short walk away from the vibrant Fishtown area, where you’ll find a ton of trendy restaurants, bars, and boutique shops. With a gross annual income of $44,700, low maintenance, 7 years left on a full tax-abatement, minimal expenses, and a discounted loan package -- you REALLY can take advantage of the growing demand in this rapidly developing neighborhood. Don’t miss out on this amazing opportunity to own a piece of a flourishing community. **You can also grab this property as part of a PACKAGE DEAL with 2453 N 6th Street **