New Construction Duplex in
1208 North Taylor Street Philadelphia, PA 19121
For Sale
$620,000
New construction duplex in Brewerytown, Philadelphia with tax abatement.
Property Size2,200 SF
Price / SF$281.82
Days on Market108
Property Features for 1208 North Taylor Street
General Information
- Standard status
- Active
- Size
- 2,200 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 2019
Listing Agency:
Skyline Realty & Property Managment LLC
(267) 710-1457
Listed By:
Mark Alexander Khavinson
(267) 710-1457
Source:
Compass
Added: Apr 8
Changed: Jul 10
Last Checked: Jul 23 at 11:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Skyline Realty & Property Managment LLC
Investment Insights
Based on property information with market context.
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 with a 3-bed/2-bath layout and private yard access. The second unit is also a bi-level 3-bed/2-bath layout and includes a rooftop terrace. The property features central air and new systems and appliances. The property has easy access to Fairmount Park, Downtown Philly, and University City. The property includes approximately 5 years remaining on the property tax abatement. The property contains 2200 square feet.
Key Highlights
- Fully occupied duplex in Brewerytown, providing immediate rental income.
- Remaining 5 years of property tax abatement, offering significant tax savings.
- Two spacious bi‑level units, each with a 3bed/2bath layout.
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
NOI $37,543 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$494.4K
$432.6K – $576.8K
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 Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - New construction duplex in Brewerytown, Philadelphia with tax abatement.
Where is this duplex located?
The property is located at 1208 North 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 tax savings.; Two spacious bi‑level units, each with a 3bed/2bath layout.
