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    Brewerytown Duplex with Tax Abatement Title is generated by Realmo AI

    1208 N TAYLOR Street, Philadelphia, PA 19121

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    Claim this Listing
    For Sale
    $620,000

    MULTI_FAMILY - Contemporary - PHILADELPHIA, PA

    Property size:
    2,200 SF
    Lot size:
    0.02 Acres
    Price / SF:
    $281/SF
    Added:
    May 13, 2026
    Days on Market:
    58
    Last Refresh:
    Jul 9 at 4:06 am

    Property Features for 1208 N TAYLOR Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Rooms
    Basement
    Standard status
    Active
    Size
    2,200 SF
    Lot size
    0.02 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1588

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2019
    Number of units
    2
    Building materials
    Masonry
    Architectural style
    Contemporary

    We can help!

    Contact an agent
    Mark Alexander Khavinson

    Listing agent Mark Alexander Khavinson

    Listing office Skyline Realty & Property Managment LLC 311 Bainbridge Street unit: 1, Philadelphia, PA

    Listing date May 13, 2026

    MLS# PAPH2621650 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully occupied duplex in Brewerytown providing immediate rental income.
    • Remaining 5 years of property tax abatement, offering significant savings.
    • Two bi‑level units, each with a desirable 3bed/2bath layout.
    • Unit 2 features a private rooftop terrace.
    • Unit 1 includes private yard access.
    • Central air conditioning and new systems/appliances throughout.

    Overview

    This new construction duplex is located in the Brewerytown section of Philadelphia. The property is fully occupied by tenants. Unit 1 is a bi-level unit featuring a 3-bed/2-bath layout with private yard access. The second unit also has a bi-level 3-bed/2-bath layout and a rooftop terrace. The property includes central air with new systems and appliances. It offers convenient access to Fairmount Park, Downtown Philadelphia, and University City. The property benefits from the remaining 5 years of property tax abatement. The property size is 2200 square feet and the lot size is 0.0169 acres.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $56.8k $25.80
    − Vacancy −$3.1k −$1.42
    EGI $53.6k $24.38
    − OpEx −$16.1k −$7.31
    NOI $37.5k $17.06
    2,200 SF · lease $25.80/SF/yr · vacancy 5.51% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $536.3K
    $469.3K – $625.7K (±1% cap)
    NOI $37,543 @ 7.0% cap · market cap 6.06%
    Second Best
    Apartment 5plus
    $494.4K
    $432.6K – $576.8K (±1% cap)
    NOI $34,605 @ 7.0% cap · market cap 5.58%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Dental Office Kitchen & Bath Showroom Building Supply Accounting Firm Electrical Service Home Appliance Store Skin Care Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.17657
    Latitude
    39.97483

    FAQs

    What type of property is this?
    Duplex - New construction duplex in Brewerytown with remaining tax abatement.
    Where is this duplex located?
    The property is located at 1208 N TAYLOR Street Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $620,000.
    What are key features of this property?
    This property features: Fully occupied duplex in Brewerytown providing immediate rental income.; Remaining 5 years of property tax abatement, offering significant savings.; Two bi‑level units, each with a desirable 3bed/2bath layout.
    More about this property
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