2 months on rocket

343 W Master St, Philadelphia, PA, 19122

$780,000

Home List Price

$9,263*

Closing Credit

0 Baths
1,140 SqFt
$684/SqFt
Multi

Location

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343 W Master St, Philadelphia$780,000

Buyer Closing Credits

$9,263*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingPublic, On Street
Year BuiltNew Const., 2023
HeatingCentral
CoolingCentral Air
BasementYes
MLS #PAPH2411010
Lot Size0.02 Acres
StatusActive
(ACTIVE)

About 343 W Master St

Discover a unique investment opportunity with two fully upgraded three-bedroom, two-bathroom side by side homes at 343 Master St and 341 Master St, located in the heart of the vibrant and rapidly appreciating Olde Kensington neighborhood. Both properties boast modern open-concept designs, featuring gourmet kitchens with stainless steel appliances, granite countertops, and expansive living areas. Each home also includes private backyards, perfect for relaxing or entertaining. The second floor offers two spacious bedrooms alongside a contemporary full bath, while the third-floor master suites provide luxurious retreats with upscale en-suite bathrooms. With 341 Master St already generating consistent rental income through a Section 8 tenant (100% PHA pay), this portfolio delivers immediate cash flow for investors. These properties are strategically located near the thriving neighborhoods of Fishtown and Northern Liberties, known for their trendy restaurants, boutique shops, and cultural hotspots. Easy access to public transportation and major highways like I-95 enhances the appeal. With a tax abatement in place and Olde Kensington experiencing continuous growth, this portfolio presents an excellent opportunity to capitalize on the area's ongoing development and increasing property values.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2023
  • Living Area: 1,140 SqFt

Listing Office:

  • Office Name: BHHS Fox & Roach-Center City Walnut
  • Office Phone: (215) 627-6005
  • Listing Agent: Maxim Sirotovsky

Interior Features

Interior Information:

  • Appliances: Microwave, Dishwasher, Dryer, Oven, Gas Range, Washer, Refrigerator
  • Basement: Yes
  • Interior: Floor Plan - Open, Kitchen - Gourmet, Recessed Lighting

Exterior Features

Parking Information:

  • Parking: Public, On Street

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Please Use Google Maps

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $780,000
  • Price Per SqFt: $684/SqFt

Tax Information:

  • Annual Amount: $1,320
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$265.3K

Med. Price/SqFt

$200

Avg. Days On Market

45

# of Sold Homes

946

343 W Master St vs Philadelphia

66 DAYS ON ROCKET

+21 Days

$780,000

+$514.6K More

$684/SqFt

+$483 More

KEY TAKEAWAY

This property is $514.6K more than the Median Sold Price and $483/SqFt more than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2411010

Listing Office:

  • Office Name: BHHS Fox & Roach-Center City Walnut
  • Office Phone: (215) 627-6005
  • Listing Agent: Maxim Sirotovsky

IDX Information Deemed Reliable But Not Guaranteed. 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 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 5:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 13, 2020Home Sold
$95,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,320 -
2019$1,329$95,000
2018$1,050$75,000
2017$1,050$75,000

History based on county public records data.

Payment Calculator

$3,960

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,405

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-884456
6
/10

  • John Moffet Elementary School

  • 127 W Oxford St

  • 0.37 miles

  • Public District Grades KG-5

school-card-donut-884457
7
/10

  • Horatio B. Hackett School

  • 2161 E York St

  • 1.01 miles

  • Public District Grades KG-5

school-card-donut-884458
1
/10

  • Isaac A. Sheppard Elementary School

  • 120 W Cambria St

  • 1.57 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,938. Residents of Philadelphia, PA typically earn less than $35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19122›343 W Master St

This home is located at 343 W Master St in Philadelphia, PA and zip code 19122 in the Olde Kensington neighborhood. This 1,140 square foot home, which was built in 2023, sits on a 0.02 acre lot. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $780,000.

While more than 219 listings in Philadelphia, PA in November 2024 were sold above asking price, there were more than 204 listings sold at asking price, and more than 523 were sold below. Between October 2024 and November 2024, Philadelphia, PA real estate market has seen increase in the number of listings by 1.8%. The median list price of listings available in November 2024 was $265,372, while the average time on the real estate market was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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