Active
331 State St
Philadelphia PA, 19104
$1,250,000
$297.62 per sqft
Active
8 Beds
9 Baths
4,200 sqft
Townhomes
Built in 2021
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 cafes. With a robust rental history and exceptional income potential, this residence is not just visually stunning but also a savvy investment choice.
PAPH2411278
MLSⓇ ID
October 17, 2024
Listed
February 28, 2025
Updated
Interior Features
Total Stories
5
Bedrooms
8
Total Bathrooms
9
Full Bathrooms
8
Half Bathrooms
1
Interior Features
Eat-in Kitchen
Appliances
Dishwasher, Disposal, Refrigerator, Microwave, Electric Oven, Electric Range, Washer, Electric Water Heater
Laundry Description
In Basement
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Zoned, Electric
Basement
Yes
Exterior/Building Features
Lot Size
0.02 Acres
Architectural Style
Contemporary, Straight Thru
Roof
Fiberglass
Sewer
Public Sewer
Patio And Porch
Deck, Patio
Security
Security System
School Information
School District
PHILADELPHIA CITY
Other Property Details
Area Name
PHILADELPHIA
Taxes
$2,513
Tax Frequency
Annually
Days on Market
131
Garage
No
Parking
On Street
View
No
County
PHILADELPHIA
Water Source
Public
Listing History
Date | Event | Price |
---|---|---|
2/24/2025 | Price change | $1,250,000 -2% |
1/14/2025 | Price change | $1,275,000 -2% |
Listed by KW Empower
Listing Contact: 2156815039
The IDX display contains information sourced from the Bright MLS, Inc. as of 2/28/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 2/28/2025 at 8:15 PM UTC