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$1,300,000

Beds
8
Baths
8.5
sq ft
4,150

331 N State St, Philadelphia, PA 19104

331 N State St

PHILADELPHIA, PA 19104

  • 66 days on market
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.

Details

Property type

Townhouse

Lot size

1,080 sq ft

Price per sq ft

$314

Year built

2021

Annual property taxes

$1,179

HOA

No

Price History

10/17/2024
Bright

Bright #PAPH2411278

Listed
$1,300,000

Schools & Community

Neighborhood: 

West Powelton

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PHILADELPHIA CITY

Status: Active

Tomo last checked: 12/22/2024 at 9:50 AM

Listing updated: 10/21/2024 at 3:44 PM

Listed by: Michelle Ashley, KW Empower Phone #: (215) 627-3500

MLS: Bright #PAPH2411278

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