402 W Berks Street #1, Philadelphia, PA 19122-2211 $329,000
Interior Sq. Ft: 1,558
Acreage:
Age:5 years
Style:
Contemporary
Subdivision: Norris Square
Design/Type:
Unit/Flat/Apartment
Description
Welcome to 402 W Berks St, a stunning first-floor condo located in the heart of Philadelphia’s vibrant neighborhood. This RECENTLY BUILT Bi-Level condo features a spacious 3-bedrooms and 3-bathrooms and offers the perfect blend of modern luxury and urban convenience. INVESTOR ALERT. As a NEW investor, you can rent out the rooms or even the entire 2 level condo as you expand your investment portfolio. Coupled with the Tax abatement this condo has until 2031, you could be CASHFLOWING IMMEDIATELY. Market rent for a room is approximately $850 - $950 while market rent for the entire condo is around $2350. Give us a call if you would like more details on investing options for this property. For homeowners, the chef's kitchen is a culinary dream, boasting high-end stainless steel appliances, sleek countertops, and ample cabinet space—perfect for entertaining or everyday cooking. This condo also has a tax abatement which means the new home owner will have to pay little or no property taxes until 2031. Step outside to your private patio backyard, an urban oasis ideal for relaxing or hosting guests. Surrounded by new construction, this area thrives with growth, making it a prime investment opportunity. Enjoy the convenience of living near various trendy restaurants, cafes, and boutique stores just a short walk away. Don't miss your chance to own a piece of this rapidly developing community! Please note the home has been virtually staged.
Home Assoc: No
Condo Assoc: $115/Monthly
Basement: Y
Pool: No Pool
Features
Utilities
Forced Air Heating, Hot Water Heating, Natural Gas, Central A/C, Electric, Hot Water - Electric, Public Water, Public Septic, Lower Floor Laundry
Garage/Parking
On Street
Interior
Ceiling Fan(s), Combination Dining/Living, Combination Kitchen/Dining, Crown Moldings, Efficiency, Full Basement, Fully Finished Basement, Luxury Vinyl Plank Flooring, Double Pane Windows, Energy Efficient Windows, Atrium Doors, Double Entry, Carbon Monoxide Detector(s)
Exterior
Brick Exterior, , Patio(s), Exterior Lighting, Sidewalks, Street Lights
Lot
Rear Fence
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Public Elementary (145 schools)
Public Middle (28 schools)
Public High (68 schools)
Private (99 schools)
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This report is a detailed community overview for Philadelphia (19122), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 29
- Average salary of people in this community: $37,204
Community Summary
- Population Density (ppl / mile): 17,071
- Household Size (ppl): 2.69
- Households w/ Children: 54%
Housing Inventory
- Owned: 2,868 (36.2%)
- Rented: 3,795 (47.8%)
- Vacant: 1,270 (16.0%)
- Total: 7,933
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 9.3%
- Some High School: 12.4%
- High School Graduate: 34.5%
- Some College: 13.6%
- Associate Degree: 4.1%
- Bachelor's Degree: 17.5%
- Graduate Degree: 8.6%
Income by dollar range
Median Income: $37,198
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $712
- One Bedroom: $813
- Two Bedroom: $955
- Three Bedroom: $1,264
- Four Bedroom: $878
© 2024 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at Cell: 302-344-7158
Listing Courtesy of: Fierce Realty Corp. , (484) 934-2744, deborahspencesoldit@gmail.com
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 12/27/2024.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.