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2048 3rd StreetPhiladelphia, PA 19122

For Sale

$615,000

Smart Buyer Rebate $6,150

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.

Listed by Ryan Stawasz

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License #rs335536

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KW Empower

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2157606291

Last updated October 13, 2025

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Source: BrightMLS #PAPH2536192

Listing Facts

  • TypeMulti-family
  • NeighborhoodWest Kensington
  • Days on Prevu43
  • Taxes$1,572/year
  • Size2,800 sqft
  • Price per sqft$220

Amenities

  • Dishwasher
  • Washer/Dryer

Location

Mortgage Calculator

Listing History

10/13/2025
Price Decreased
$615,000
09/10/2025
Listed by KW Empower
$625,000

Property Details for 2048 3rd Street

Exterior

Construction

  • New Construction: Yes
  • Number Of Units Total: 2
  • Property Condition: Excellent
  • Roof: Fiberglass
  • Year Built: 2025
  • Architectural Style: Traditional
  • Construction Materials: Brick, Batts Insulation, Masonry, Vinyl Siding, Tile

Features

  • Other Structures: Above Grade, Below Grade
  • Patio And Porch Features: Deck(s), Patio(s)
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.02
  • Lot Size Dimensions: 15
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 900
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $1,572.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Washer, Oven/Range - Electric
  • Fireplace: No
  • Interior Features: 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

Measurements

  • Living Area: 2,800
  • Living Area Source: Estimated

Rooms

  • Basement: Fully Finished
  • Has Basement: Yes

Other

Location

  • Subdivision Name: OLDE KENSINGTON

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.