Welcome to 3337 Oakmont Street, an income producing Philadelphia duplex offered at $280,000, providing an opportunity to own a two unit investment property for under $300,000. Currently configured as two one bedroom units, the first floor rents for $1,000 per month and the second floor rents for $900 per month, generating $1,900 per month and $22,800 in annual gross rental income.
The current owner has enjoyed a relatively hands off ownership experience, with established tenants who consistently pay their rent on time. The first floor tenant also has access to additional basement storage, a one car garage, and driveway parking, providing valuable off street parking and extra storage.
Situated on a wide residential street in Philadelphia, the property offers convenient access to major highways, Northeast Philadelphia, Center City, and nearby New Jersey. Regional Rail is also just over a mile away, providing another transportation option.
Whether you are an experienced investor looking to expand your Philadelphia rental portfolio or searching for your first investment property, 3337 Oakmont Street offers an attractive combination of existing rental income, established tenants, garage and driveway parking, basement storage, and a $280,000 price point. For buyers searching for a Philadelphia duplex or income producing property under $300,000, this is an opportunity worth a closer look. As-is sale.
