1702 Folsom St

Philadelphia, PA 19130

New construction duplex for sale in Francisville! This corner building has a 10 year tax abatement, covered parking for both units (1 car parking for each), and is located just one block from Fairmount Avenue. The building is technically made up of 2 separately deeded condos that the owner is selling together. The second floor is currently rented for 2,550/month and the first floor is vacant, and was last rented for 1,800/month. The first floor unit is a 1 bedroom, bi-level design with hardwood floors, recessed lighting throughout, and plenty of natural sunlight through the large casement windows. The kitchen is complete with wood cabinets, quartz countertops, custom tile backsplash, stainless steel appliances and has a half bathroom. The bedroom is located on the lower level, and is spacious with plenty of closet space. The lower level also has a stackable washer/dryer and a full bathroom. Upstairs you will find the second unit, which is a bilevel layout featuring 2 bedrooms, 2 bathrooms, and a roof deck. The main living area is an open floor concept and is consistent with the same modern finishes as the unit below. Top floor has 2 bedrooms and 2 full bathrooms with a washer/dryer room. The roof deck of the 2nd unit has amazing unobstructed views of center city. This building is great for an owner who wants to live in one unit and get a discount on their mortgage by renting the other. This property is also a great option for the savvy investor with its combined monthly income of 4,350/mo. These units will always stay occupied due to the prime location of this corner property with parking. Just a short walk to restaurant bars, shops, gyms, and less than a mile from center city/rittenhouse neighborhood. Come see this one before it's too late!