610 N UNION ST, Philadelphia, PA 19104
610 N UNION ST, Philadelphia, PA 19104
610 N UNION ST, Philadelphia, PA 19104
610 N UNION ST, Philadelphia, PA 19104
610 N UNION ST, Philadelphia, PA 19104
610 N UNION ST, Philadelphia, PA 19104
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Melissa Young

Melissa Young

+1(267) 259-2432
Listed by ERIC Dvotsky • BHHS Fox & Roach-Center City Walnut
$ 740,000
Est. payment | /mo

2,800 SqFt

Save Virtual Tour
$ 740,000
Est. payment | /mo
Save Virtual Tour

2,800 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $264

Subdivision Mantua

MLS Listing ID PAPH2583862

Style Contemporary

Abv Grd Liv Area 2,800

Year Built 2023

Annual Tax Amount $1,117

Tax Year 2025

Lot Size 990 Sqft

Acres 0.02

Lot Dimensions 15.00 x 66.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Introducing a recently developed ground-up construction duplex investment opportunity in Philadelphia's rapidly evolving Mantua neighborhood, one of West Philadelphia's most active development corridors, just minutes from University City. Completed in 2023, this modern asset benefits from Philadelphia's original 10-year tax abatement with approximately seven years remaining, supporting strong cash flow and long-term investment stability. The property features two spacious bi-level apartments, each offering three bedrooms and three full bathrooms with contemporary finishes including wide plank flooring, quartz countertops, stainless steel appliances, dual-tone cabinetry, in-unit laundry, and separately metered utilities. Unit A is currently leased at $2,450 per month and Unit B at $2,650, generating $5,100 in combined monthly income, with lease timing strategically positioned for upcoming renewal cycles that align well with continued rental growth in the area and the opportunity to push rents as demand strengthens. Located near Drexel University, the University of Pennsylvania, Penn Presbyterian Medical Center, CHOP, and other major healthcare and academic employers, the property benefits from consistent tenant demand from students, medical professionals, researchers, and young professionals. Mantua is also directly benefiting from the broader “University City 2.0” wave of expansion, including institutional investment, new mixed-use developments, infrastructure improvements, and retail growth that continue to elevate the neighborhood's desirability while maintaining relative affordability compared to core University City. Additional highlights include a private rear yard for the lower unit and a roof deck with skyline views for the upper unit, making this a turnkey, stabilized investment positioned for both strong income performance and long-term appreciation as the surrounding corridor continues its upward trajectory.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning RM-1

Interior

Interior Features Upgraded Countertops, Sprinkler System, Recessed Lighting, Family Room Off Kitchen

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Equipment Dishwasher, Dryer, Energy Efficient Appliances, Water Heater, Washer, Stainless Steel Appliances, Refrigerator, Oven/Range - Gas, Microwave, Intercom

Fireplace N

Appliance Dishwasher, Dryer, Energy Efficient Appliances, Water Heater, Washer, Stainless Steel Appliances, Refrigerator, Oven/Range - Gas, Microwave, Intercom

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Slab

Above Ground Finished SqFt 2800

Sewer Public Septic, Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Tax ID 242235510

Ownership Fee Simple

SqFt Source 2800

Security Features Intercom,Sprinkler System - Indoor

Special Listing Condition Standard

Virtual Tour https://youtu.be/LHdNHvege4E

Bright MLS (BMLS)

Nearby Locations

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Melissa Young
Melissa Young

Agent | License ID: 0787303

+1(267) 259-2432

129 CHESTER AVE., MOORESTOWN, Jersey, 08057, United States

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610 N UNION ST