***Cash Flowing Duplex - $3500/Month from 1st Unit, 2nd Unit for Live-In or Rent***
Current Cash Flow:
The first unit is already generating $3,500 per month in rental income. The second unit can be rented for additional revenue or lived in, giving you flexibility and immediate returns.
Property Highlights:
10-Year Tax Abatement until 2033, reducing tax costs and increasing your returns
Proven rental history with over $6,000/month potential across both units
Location:
Located in the heart of Olde Kensington, just a 4-minute walk from popular spots like Luna Cafe, Human Robot, and Sutton's Bar – perfect for socializing and enjoying the neighborhood.
Only a 15-minute walk to the main corridor of Fishtown, offering easy access to trendy restaurants, shops, and entertainment.
Unit 1 (4 Bed, 3 Bath):
Already generating $3,500/month in rent
Fully furnished
Lease in place for the upcoming year, ensuring steady cash flow
Unit 2 (3 Bed, 3 Bath):
Potential to rent for additional income or occupy as an owner
Designed with comfort and modern aesthetics in mind
Shared Backyard:
Expansive, fenced-in backyard shared by both units
Currently furnished and perfect for entertaining or relaxing
Interior Features:
Elegant European-style shaker cabinets
Modern stainless steel appliances
Luxurious custom bathrooms with high-end finishes
High-quality flooring throughout
Take advantage of this already cash-flowing duplex and seize a prime investment opportunity in Olde Kensington!
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Listing Snapshot
Price
$659,999
Days On Site
8 Days
Bedrooms
N/A
Inside Area (SqFt)
2,700 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.03 Acres
Year Built
1952
MLS® Number
PAPH2470604
Status
Active
Property Tax
$1,983
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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Recent Activity
a week ago
Listing updated with changes from the MLS®
a week ago
Listing first seen on site
General Features
Acres
0.03
Foundation
Concrete Perimeter
Parking
On Street
Property Sub Type
Duplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
2700
Style
Contemporary
Water Source
Public
Zoning
RM1
Interior Features
Basement
Full
Cooling
Central AirElectric
Heating
Natural GasForced Air
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Exterior Features
Pool Features
None
Community Features
MLS Area
19122 (19122)
School District
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Iron Valley Real Estate of Lehigh Valley
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