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Off market
  • $709,400

    505 W Norris St, Philadelphia, PA 19122

    6beds
    2,912sqft
    MultiFamily
    Built in 2020
    -- sqft lot
    $709,400 Zestimate®
    $244/sqft
    $2,048 Estimated rent

    Home value

    $709,400

    $660,000 - $766,000

    $2,048/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $2,048/mo

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    $2,048/mo

    Rent Zestimate®

    Refinance and save

    $4,353/mo

    Est. payment

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    $4,353/mo

    Est. payment

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    What's special

    NEW CONSTRUCTION duplex in South Kensington perfect for investors or owner occupants. This ideal investment property is located in one of the hottest areas in the city near all of the action on Frankford Ave and Front St including easy access to public transportation, restaurants, shops, bars and surrounded by new construction. Also, a quick walk to Temple University campus for students or university employees. This property features 2 units constructed with quality craftsmanship and upgraded finishes throughout and includes an approved 10 Year Tax Abatement. Projected rents are approximately $4200/month or $50,400/annually per building. All units have separate utilities including separate water and electric meters. Some upgrades include large Pella windows and aluminum clad frame doors, brick/stone/steel front, 400A electrical service, 4 inch LED recessed lights, and both units have their own private outdoor space. Each unit includes sanded/finished in place wide plank oak hardwood flooring, upgraded modern kitchens with quartz countertops, subway tile backsplash, stainless steel appliances, custom metal railings, washer/dryer in each unit. Bathrooms have modern 12x24 porcelain tile and brushed nickel plumbing fixtures. The lower unit includes a large bi-level 3bd/2ba with private rear yard. The upper unit includes a bilevel 3bd/3ba with roof deck and skyline views. Possibilities are endless for this great investment opportunity in one of Philly's hottest neighborhoods. The total project consists of four new construction duplex buildings so a savy investor can purchase the package to add to their investment portfolio which is located in a Federal Opportunity Zone.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 3
    • 3/4 bathrooms: 2
    Heating
    • Heat pump, Electric
    Cooling
    • Central
    Features
    • Basement: Y
    Interior area
    • Total interior livable area: 2,912 sqft

    Property

    Features
    • Exterior features: Stone, Vinyl, Brick
    • Has view: Yes
    • View description: City
    Lot
    • Size: 936 Square Feet
    Details
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Straight Thru
    Condition
    • Year built: 2020

    Community & HOA

    Location
    • Region: Philadelphia

    Financial & listing details

    • Price per square foot: $244/sqft

    Price history

    DateEventPrice
    3/31/2020Sold$625,000-2.3%$215/sqft
    Source: Agent Provided Report a problem
    2/21/2020Pending sale$639,900$220/sqft
    Source: Keller Williams Philadelphia #PAPH863242 Report a problem
    1/14/2020Listed for sale$639,900$220/sqft
    Source: Keller Williams Philadelphia #PAPH863242 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: West Kensington

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: THE SCHOOL DISTRICT OF PHILADELPHIA

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $709,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $709,400