Philadelphia, PA 19131,4506 MERION AVE
Philadelphia, PA 19131,4506 MERION AVE
Philadelphia, PA 19131,4506 MERION AVE
$557,500
Est. payment /mo
$585,000
4.7%
Est.Price: ?

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3,000 SqFt
SOLD DATE : 09/12/2023

Key Details

Sold Price $557,500

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $185

MLS Listing ID PAPH2240364

Sold Date 09/12/23

Style Bi-level

Abv Grd Liv Area 3,000

Originating Board BRIGHT

Year Built 2023

Annual Tax Amount $239

Tax Year 2023

Lot Size 945 Sqft

Acres 0.02

Lot Dimensions 14.00 x 68.00

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.

Location

State PA

County Philadelphia

Area 19131 (19131)

Zoning RM1

Interior

Hot Water 60+ Gallon Tank

Cooling Central A/C

Heat Source Natural Gas

Exterior

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

Architectural Style Bi-level

Additional Building Above Grade, Below Grade

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Tax ID 062032200

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Gazi Ataseven • HomeSmart Realty Advisors
Bought with Gazi Ataseven • HomeSmart Realty Advisors

Get More Information

Danielle Wateridge

Team Lead & Agent | License ID: 0225208883

+1(703) 639-8869

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