1328 NECTARINE ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19123
Key Details
Property Type 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
Year Built 2020
Annual Tax Amount $3,422
Tax Year 2024
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
Exterior
Water Access N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard