2048 3Rd Street
Philadelphia, PA, 19122 $ 615,000
Bedrooms6 Baths0.0 Monthly Estimate*
$ 3,787
for $615,000 with 6 bedrooms. This home was built in 2025 on a lot size of 0.02.
Welcome to 2048 3rd Street, a newly constructed DUPLEX boasting 6 bedrooms and 4 bathrooms (3/2 in each unit), a 10 YEAR TAX ABATEMENT and 1 YEAR BUILDERS WARRANTY! Take advantage of everything that comes with this location which includes the redesign of the American Street Corridor and walking distance to the Berks L Stop taking you into center city, LMNO, Kalaya, Goldie, Suraya, Evil Genius Beer Company, Human Robot Brewing Company, Stateside Vodka, The Ground Coffee, Plants, and Gifts, Luna Cafe, Cousins Supermarket, and Norris Square! With projected income of $4200/month or $50,400/year this cash cow will not last long! Qualify for a grant of up to $17,500 in free grant money, making your homeownership dreams a reality with just 3% down and low PMI for owner occupied buyers! (Income restrictions apply) Step into this 4-story, duplex to explore its open-plan living space and modern kitchen, featuring exquisite quartz countertops with a waterfall edge, two-toned shaker cabinets, a modern subway-tiled backsplash, and high-end stainless steel appliances, including a microwave, slide in range, dishwasher, and a spacious fridge. Each bedroom is equipped with ample closet space, and the 2 full bathrooms showcase beautifully tiled showers with glass doors and large shower heads. The building is equipped with security cameras and an alarm system. Unit 1 (1st floor and basement) offers a delightful backyard, providing the perfect escape with a projected monthly rent of $2400, while Unit 2 (2nd and 3rd floor) boasts a private rooftop deck with stunning views of the Philadelphia city center and projected monthly rent of $2,000 for a total of $4,400/month or $52,800. Don't miss out on this exceptional opportunity to merge luxury living with financial advantages. Reach out to the listing agent today for more details and to schedule a viewing.
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FeaturesGeneralLiving Area 2800
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Immediate
Roof Fiberglass
Appliances Disposal Dishwasher Dryer Microwave Refrigerator Stainless Steel Appliances Washer Oven/Range - Electric
Zoning RM1
Patio/Porch Features Deck(s) Patio(s)
Architectural Style Traditional
Construction Materials Brick Batts Insulation Masonry Vinyl Siding Tile
School District PHILADELPHIA CITY
Year Built 2025
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction Y
Property Type Multi-Family
Subdivision Name OLDE KENSINGTON
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status PENDING
Directions 2000 block of N 3rd
City PHILADELPHIA
Number Of Units Total 2
MLS Area 19122 (19122)
Lot Size Units Square Feet
Lot Size Square Feet 900.00
Tax Annual Amount 1572.0
Property Condition Excellent
Two Bedroom 0
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 219.64
Construction Completed Y/N N
Vacation Rental Y/N N
Standard Status Pending
Year Built Source Estimated
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InteriorInterior Amenities Combination Kitchen/Dining Dining Area Floor Plan - Open Kitchen - Eat-In Recessed Lighting Wood Floors Breakfast Area Bathroom - Stall Shower Bathroom - Tub Shower Upgraded Countertops
Heating Fuel Electric
Basement Fully Finished
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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ExteriorPool No Pool
Water Source Public
Inclusions 2 refrigerators and 2 washer/dryers
Type of Parking On Street
Foundation Details Concrete Perimeter
Water View Y/N N
Lot Dimensions 15.00 x 60.00
Lot Size Acres 0.02
Lot Size Source Assessor
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $3,787
- Monthly Property Taxes
- $131
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Philadelphia, PA
Average List Price $575,363
Percent of Sale Price 6%
About Philadelphia, PA 1,588,239 Population
5% Since 2002
$ 42,223 Median Income
36 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
4835660 Elementary School
4835659 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/13/2025 | $615,000 | -1.60% | Price Down |
| 9/10/2025 | $625,000 | | Listed Price |