Hunting Park Homes under $500,000

Hunting Park Homes under $500,000

Welcome to Hunting Park, a vibrant and inviting subdivision nestled in the heart of Philadelphia, Pennsylvania. This charming neighborhood is characterized by its rich cultural diversity, friendly community atmosphere, and an array of amenities that cater to both families and individuals. With its well-maintained parks and recreational facilities, Hunting Park is an ideal location for those who appreciate an active lifestyle and the great outdoors.

One of the most appealing aspects of Hunting Park is the accessibility of homes priced under $500,000. This makes it an excellent choice for first-time homebuyers, young professionals, and families looking for affordable housing options in an urban setting. The homes in this area boast a variety of styles, from cozy single-family residences to more spacious townhouses, ensuring that there’s something for everyone.

Living in Hunting Park means you’ll have the convenience of city life at your fingertips while enjoying the tranquility of a close-knit community. The neighborhood is well-connected by public transportation, making commuting to downtown Philadelphia a breeze. Additionally, residents can take advantage of nearby shopping centers, restaurants, and local markets, providing all the essentials just a stone’s throw away.

With its affordable housing options and community-oriented vibe, Hunting Park is not just a place to live; it’s a place to thrive. Discover the charm of this neighborhood and see why so many are choosing to call Hunting Park home. Whether you’re looking to settle down or invest in your future, this vibrant community has something special waiting for you.

Newest Hunting Park Homes under $500,000

911 W Dauphin St, Philadelphia
$450,000
A standout 2021 duplex just blocks from Temple, with skyline views from the roof deck stands out on the block. It has a brick base, a raised entry stoop with steel railings, and gray panels with warm wood-tone accents. A bay window projects over the street and brings in great light. A private roof deck tops the building with city skyline views. Inside, both bi-level units are finished to a high standard, with wide-plank hardwood floors, recessed LED lighting and oversized windows. Kitchens have white shaker cabinets, stone countertops, subway tile and stainless steel appliances, including a gas range. A floating staircase with black steel railings leads up to the bedroom level, which has spa-style baths and a washer and dryer in every unit. Unit 1 is a 2 bed, 1.5 bath with a private rear patio. It is vacant and listed for rent at $1,450 (last leased at $1,425). Unit 2 is a 3 bed, 2 bath with the roof deck, leased at $1,650. In the spring market this building has leased at $1,500 and $1,850. Each unit has its own utilities, including separate water. About 4 years remain on the old 10-year tax abatement, so taxes are around $856 a year. At $450,000, that's a 6.60% cap rate today and 7.19% at spring rents. It's a great fit for an owner-occupant too. Live in one unit and let the other help pay the mortgage. FHA buyers can put as little as 3.5% down and only need to live there for one year. After that, keep it as a fully rented investment. The location works for tenants and owners alike. It's minutes from Temple University and Temple University Hospital, a short train ride from Fishtown, and close to I-95. It has a Walk Score of 75 and a Transit Score of 84. Full Offering Memorandum with rent roll, pro forma and comps available on request.

911 W Dauphin St, Philadelphia

Listing courtesy of BHHS Fox & Roach-Center City Walnut. Contact:

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