NEW PRICE OF $410,000! Fully occupied, income-producing duplex near Temple University with $3,894 in monthly base rent—$46,728 annually—and existing leases extending through April 2027 and February 2028. An opportunity to acquire an operating rental property with established tenancy and recent major improvements.
Built in 2012, the property features separate living spaces, in-unit laundry, and a rear yard. The roof was replaced in 2025, and the first-floor HVAC was replaced in 2026. Both tenants participate in Section 8, with no missed payments reported by the owner. Tenants reimburse the landlord for their unit water bills.
Unit A rents for $2,100 per month, with a lease ending February 29, 2028. Unit B rents for $1,794 per month, with a lease ending April 30, 2027. Professional management is currently in place.
Review the attached investor financial summary for itemized operating expenses and estimated income scenarios, including maintenance and vacancy allowances. Explore the Matterport tour and current photos to assess the layout and presentation before scheduling your showing. Property is offered with existing tenants in place. Income and expenses are owner-reported and subject to buyer verification.
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Listing Snapshot
Price
$410,000
Days On Site
197 Days
Bedrooms
7
Inside Area (SqFt)
2,511 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.03 Acres
Year Built
2012
MLS Number
PAPH2615432
Status
Active
Property Tax
$6,929
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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Recent Activity
a month ago
Price changed to $410,000
a month ago
Listing updated with changes from the MLS
2 months ago
Status changed to Active
6 months ago
Listing first seen on site
General Features
Acres
0.03
Cross Street
W Norris St.
Foundation
Permanent
Number Of Stories
3
Parking
On Street
Property Sub Type
Duplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
2511
SqFt Total
2511
Style
Contemporary
Utilities
Cable AvailableElectricity Available
Water Source
Public
Zoning
RM1
Interior Features
Appliances
Electric Water HeaterDishwasherWasher/Dryer Stacked
Basement
Finished
Cooling
Central AirElectric
Flooring
CarpetHardwood
Heating
CentralForced Air
Interior
Open Floorplan
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Exterior Features
Exterior
Lighting
Lot Features
Corner Lot
Pool Features
None
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City
Waterview
City
Community Features
MLS Area
19121 (19121)
School District
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Keller Williams Real Estate - Newtown
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