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Listed by Majd Zeidan • Keller Williams Main Line

$490,000

Est. payment - /mo

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2,400 SqFt

New

2640 N JESSUP ST Philadelphia, PA 19133

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Glenn Watson, Jr.

glenn@thewatsonrealtygroup.com +1(302) 422-4400

UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $204

MLS Listing ID PAPH2549436

Style Traditional

Abv Grd Liv Area 2,400

Year Built 2024

Annual Tax Amount $575

Tax Year 2025

Lot Size 900 Sqft

Lot Dimensions 16.00 x 56.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Welcome to 2640 N Jessup St — an extraordinary 2024 new construction duplex built for investors who demand both immediate income and long-term appreciation. This modern multifamily asset offers two beautifully designed units, each crafted with premium finishes, open layouts, and top-tier mechanical systems that minimize maintenance and maximize performance. Unit 1 is a bright, spacious lower-level residence rented for $1,900/month, featuring a sleek chef's kitchen with quartz countertops, stainless steel appliances, soft-close cabinetry, a tile backsplash, and a luxury full bath. Unit 2, leased at $2,100/month, mirrors the same elevated design with high ceilings, generous living space, and a sophisticated kitchen perfect for entertaining. Both apartments are equipped with in-unit washer and dryer, central HVAC, and separate utilities, ensuring optimal tenant independence and streamlined management for the owner. This property delivers $4,000/month ($48,000 annually) in gross rental income from day one, offering a rare balance of stability and growth potential. Built with efficiency, durability, and architectural precision, 2640 N Jessup St stands out as a true turnkey investment in one of Philadelphia's most promising growth corridors. Located near major transit lines, Temple University, and several ongoing redevelopment projects, it provides unmatched convenience and strong tenant demand. Whether held as a cash-flowing asset or a future equity play, this duplex is a perfect addition to any serious investor's portfolio — combining luxury, location, and long-term financial performance in one complete package.

Location

State PA

County Philadelphia

Area 19133 (19133)

Zoning RM1

Rooms

Basement Fully Finished

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Flooring Hardwood

Inclusions Appliances

Heat Source Electric

Exterior

Water Access N

Roof Type Fiberglass

Accessibility None

Garage N

Building

Foundation Concrete Perimeter

Above Ground Finished SqFt 2400

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade

New Construction Y

Schools

School District Philadelphia City

Others

Tax ID 371208800

Ownership Fee Simple

SqFt Source 2400

Acceptable Financing Cash, Conventional, VA

Listing Terms Cash, Conventional, VA

Financing Cash,Conventional,VA

Special Listing Condition Standard

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Glenn Watson, Jr.

Agent | RSRS-0012994

+1(302) 422-4400

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2640 N JESSUP ST Philadelphia, PA 19133

Glenn Watson, Jr.

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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2640 N JESSUP ST

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