New Construction Duplex
2051 East William Street Philadelphia, PA 19134
For Sale
$525,000
New construction duplex with tax abatement and financing options.
Property Size2,950 SF
Price / SF$177.97
Days on Market122
Property Features for 2051 East William Street
General Information
- Standard status
- Active
- Size
- 2,950 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 2026
Listing Agency:
Elfant Wissahickon-Rittenhouse Square
(215) 605-0917
Listed By:
Shauli David · License #RS313122
(215) 605-0917
Source:
Compass
Added: Mar 25
Changed: Jul 10
Last Checked: Jul 23 at 7:22AM
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 Elfant Wissahickon-Rittenhouse Square
Investment Insights
Based on property information with market context.
This new construction duplex at 2051 E. Williams Street presents an opportunity for both owner-occupants and investors. The property is move-in ready and benefits from a full 10-year tax abatement and low down payment financing options. Unit A features a bi-level layout with natural light, a full bath with modern finishes, and an open-concept kitchen equipped with stainless steel appliances and counter seating. The living area extends to a private rear yard. The lower level includes two bedrooms, each with an en-suite bath and closet space, as well as in-unit laundry. Unit B spans multiple levels and includes a kitchen with stainless steel appliances and statement lighting, an open living and dining area, and a private balcony. The upper level houses additional bedrooms, full baths, laundry facilities, and access to a private roof deck with city views. The property offers modern finishes and multiple private outdoor spaces. The property is located within the 19134 MLS Area, Philadelphia County. School information includes KENSINGTON High School, FRANCES E. WILLARD SCHOOL Elementary School, and JOHN PAUL JONES Middle School, all within the PHILADELPHIA CITY School District.
Key Highlights
- Brand new construction duplex with two units, ideal for owner‑occupancy or investment.
- Full 10‑year tax abatement, offering significant savings.
- Modern kitchens with stainless steel appliances in each unit.
Financial Insights For Apartment 5plus
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 | $89.6k | $30.36 |
| − Vacancy | −$5.2k | −$1.76 |
| EGI | $84.4k | $28.60 |
| − OpEx | −$38.0k | −$12.87 |
| NOI | $46.4k | $15.73 |
2,950 SF · lease $30.36/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$719.2K
$629.3K – $839.0K
NOI $50,341 @ 7.0% cap · market cap 9.59%
Second Best
Apartment 5plus
$662.9K
$580.0K – $773.4K
NOI $46,402 @ 7.0% cap · market cap 8.84%
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 with tax abatement and financing options.
Where is this duplex located?
The property is located at 2051 East William Street Philadelphia, PA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Brand new construction duplex with two units, ideal for owner‑occupancy or investment.; Full 10‑year tax abatement, offering significant savings.; Modern kitchens with stainless steel appliances in each unit.
