331 State Street, Philadelphia, PA 19104-4628 $1,300,000
Interior Sq. Ft: 4,200
Acreage: 0.02
Age:3 years
Style:
Contemporary, Straight Thru
Subdivision: West Powelton
Design/Type:
Interior Row/Townhouse
Description
Step into this stunning newly constructed residence, complete with 7 years remaining on the tax abatement. Custom built in 2021, this architectural gem features 6 private bedroom suites, 2 versatile flex spaces, multiple outdoor areas, and an expansive open-concept first floor designed for seamless entertaining. Thoughtfully crafted to blend modern amenities with sophisticated style, this home offers strong investment returns, making it ideal for both Airbnb entrepreneurs looking to expand their portfolio and real estate investors seeking long-term rental opportunities. Its generous 20' width ensures every room feels exceptionally spacious, providing unparalleled versatility for furniture placement and functionality. Upon entering, you are welcomed by a light-filled open floor plan that enhances the sense of space. The living room flows effortlessly into the dining area, past a stylish powder room, and into the expansive L-shaped kitchen. Equipped with Whirlpool stainless steel appliances, a generous island with bar seating, and direct access to a private back patio, this kitchen is perfectly suited for both casual dining and sophisticated gatherings. The lower level houses two flex spaces, each featuring walk-in showers, alongside a convenient laundry room outfitted with a commercial-grade Speed Queen washer and dryer. Ascend to the second, third, and fourth floors, where you’ll find two bedroom suites on each level. Each suite serves as a self-contained oasis, boasting a kitchenette with a refrigerator, microwave, wet bar, and pull-out trash can, along with its own mini-split HVAC system, security system, large-screen TV, and elegantly appointed bathroom with porcelain tiles and a shower/tub combination. The rear bedrooms are complemented by private balconies, while the front-facing suites feature walls of windows that invite abundant natural light. Venture up to the fifth-floor pilot house, which opens to a sprawling roof deck offering breathtaking city views. The builder’s attention to detail is evident throughout, with soundproofing gypcrete beneath the luxury vinyl flooring and strategically placed cameras monitored via an app for enhanced security. Safety and efficiency are prioritized with a full sprinkler system, two 50-gallon hot water heaters, and dual electrical panels. Constructed with durable brick and metal siding, this low-maintenance home marries elegance with practicality. Nestled in vibrant West Philadelphia, you’re just a short walk from universities, hospitals, and trendy cafés. With a robust rental history and exceptional income potential, this residence is not just visually stunning but also a savvy investment choice.
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Zoned Heating, Electric, Central A/C, Electric, Hot Water - Electric, Public Water, Public Sewer, Basement Laundry
Garage/Parking
On Street
Interior
Built-Ins, Floor Plan - Open, Kitchen - Eat-In, Sprinkler System, Fully Finished Basement, Luxury Vinyl Plank Flooring, Exterior Cameras, Security System, Sprinkler System - Indoor
Exterior
Concrete Perimeter Foundation, Fiberglass Roof, Masonry, Deck(s), Patio(s)
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (142 schools)
Public Middle (23 schools)
Public High (59 schools)
Private (116 schools)
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This report is a detailed community overview for Philadelphia (19104), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 25
- Average salary of people in this community: $28,702
Community Summary
- Population Density (ppl / mile): 17,049
- Household Size (ppl): 2.39
- Households w/ Children: 45%
Housing Inventory
- Owned: 3,502 (17.5%)
- Rented: 12,838 (64.0%)
- Vacant: 3,713 (18.5%)
- Total: 20,053
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: 2.2%
- Some High School: 12.4%
- High School Graduate: 25.2%
- Some College: 17.4%
- Associate Degree: 3.9%
- Bachelor's Degree: 18.7%
- Graduate Degree: 20.3%
Income by dollar range
Median Income: $26,979
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: $966
- One Bedroom: $962
- Two Bedroom: $1,033
- Three Bedroom: $1,033
- Four Bedroom: $1,130
© 2024 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-545-2500
Listing Courtesy of: KW Empower , vicki@kwempower.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 11/27/2024.
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.