BEDS0
BATHS
SQUARE FEET2,800
MLS#PAPH2583862
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONMANTUA
SCHOOLTHE SCHOOL DISTRICT OF PHILADELPHIA
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central A/C
Fuel Type: Electric
Heating: Forced Air
Home Style: Contemporary
Lot Size: 0.02 Acres
Taxes: $1,117
Year Built: 2023
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Dishwasher, Dryer, Energy Efficient Appliances, Water Heater, Washer, Stainless Steel Appliances, Refrigerator, Oven/Range - Gas, Microwave, Intercom
Days on Site: 17
Exterior: Masonry
Interior: Upgraded Countertops, Sprinkler System, Recessed Lighting, Family Room Off Kitchen
Lot Dimensions: 0.02 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Septic, Public Sewer
Structure Type: Interior Row/Townhouse
Three Bedroom Units: 2
Units: 2
Water: Public
Local Schools
School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Listed By / Shown By
Listed By
Agency Name: BHHS Fox & Roach-Center City Walnut
Agency Phone: 2156276005
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 1,955.84 per month $1,646.92 Principal & Interest $93.08 Property Tax $215.83 Homeowner's InsuranceChange Payment Information
610 N Union Street | MLS# PAPH2583862
This multi-family property located at 610 N Union Street , Philadelphia, PA 19104 is currently listed for sale with an asking price of $740,000. N Union Street is located within the THE SCHOOL DISTRICT OF PHILADELPHIA school district. Search Philadelphia real estate on www.realtymark.net today.