42 E Haines Street, Philadelphia, PA 19144-2114 $415,000
Temp Off Market
Interior Sq. Ft: 1,932
Acreage: 0.08
Age:124 years
Taxes: $1,257
Design/Type:
Twin/Semi-Detached
Description
Calling all first time homebuyers and investors! Come explore this perfect combination of family living and prime investment in historic Germantown! A fully renovated duplex- the first unit having 3 bedrooms, 2 full bathrooms and a huge private yard and the second unit having 4 bedrooms with 2 full bathrooms- awaits you right off of Germantown Ave! Nestled in a rare and expansive lot of approximately 3500 sq ft, this property offers ample space for its new owners as well as a great investment opportunity. And best of all, it offers ALL BRAND NEW mechanics- roof, HVAC systems, water heaters, electrical wiring and separate electric panels, plumbing, windows, appliances- all new updates to give you peace of mind and a lifetime of worry-free ownership! In addition to the new mechanics, as you step inside the property, you will discover a world of modern comfort and convenience. New vinyl flooring with a lifetime warranty from the manufacture offers both style and durability, while the addition of laundry facilities in each unit adds practicality to everyday life. The renovated kitchens boast sleek stainless steel appliances, while updated bathrooms feature modern hardware and fixtures, creating spaces that are as functional as they are stylish. A new roof, gutters, flashing, stucco, and windows not only enhance curb appeal but also promise durability and energy efficiency, making this home as resilient as it is beautiful. Both units are separately metered, offering convenience and easy management of utility costs. With certified appraisers projecting fair market rents at $1850 for Unit 1 and $1800 for Unit 2, this property can generate an estimated gross annual income of $43,800. Additionally, utilizing depreciation write-offs for 27.5 years provides a powerful tax strategy, ensuring unbeatable ROI regardless of market conditions. Beyond being a property, this duplex is a financial fortress and an ideal home for a buyer searching for passive income. Live in one unit and rent out the other to cover your mortgage and watch as your investment grows. This property sits across the street from a new apartment complex of 350 units in the works, signifying a neighborhood transformation of epic proportions! Enjoy easy access to Lincoln Drive, Chestnut Hill, and Center City within minutes, surrounded by a vibrant array of amenities including cafes, restaurants, bars, parks, and supermarkets that Germantown has to offer. Schedule your showing today!
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Hot Water Heating, Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer
Garage/Parking
On Street
Interior
Partially Finished Basement
Exterior
Brick/Mortar Foundation, Stone Exterior
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Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (120 schools)
Public Middle (22 schools)
Public High (46 schools)
Private (117 schools)
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This report is a detailed community overview for Philadelphia (19144), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 34
- Average salary of people in this community: $43,662
Community Summary
- Population Density (ppl / mile): 12,730
- Household Size (ppl): 2.25
- Households w/ Children: 50%
Housing Inventory
- Owned: 7,185 (32.2%)
- Rented: 11,345 (50.8%)
- Vacant: 3,788 (17.0%)
- Total: 22,318
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 2.5%
- Some High School: 12.2%
- High School Graduate: 28.3%
- Some College: 18.1%
- Associate Degree: 6.7%
- Bachelor's Degree: 17.5%
- Graduate Degree: 14.8%
Income by dollar range
Median Income: $34,075
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $734
- One Bedroom: $847
- Two Bedroom: $1,076
- Three Bedroom: $1,080
- Four Bedroom: $1,090
© 2024 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Contact our Customer Service Center
or call us at 302-234-5270
Listing Courtesy of: KW Empower , vicki@kwempower.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 10/06/2024.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.