42 E Haines Street
Philadelphia, PA 19144
- – beds
- – baths
- 1,932 sqft
- 3,335 sqft lot
- $214 per sqft
- 1900 build
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!
Listing courtesy of BRIGHT / KW Empower
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Last updated May 24, 2024
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MLS# PAPH2348174 —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/23/24
May 23, 2024
|
Price Changed | BRIGHT | $415,000 | -2.4% |
5/16/24
May 16, 2024
|
Listed / Active | BRIGHT | $425,000 | 347.4% |
11/28/23
Nov 28, 2023
|
BRIGHT | $95,000 |