4340-42 Cresson St, Philadelphia, PA 19127 Prime Manayunk Duplex | $595,000 | Priced to Sell! | 5 Beds 3 Full Bath This exceptional commercial duplex presents a rare opportunity to own a versatile income-producing property on an extra-large, double-wide corner lot in the heart of Manayunk, just steps from Main Street. Both units are currently tenant occupied and generate a significant monthly rental income. The Cresson Street unit features 2 nicely sized bedrooms, 1 full bathroom, an eat-in kitchen, living room, walk-in closet, and a dedicated laundry room. The washer and dryer were recently replaced. The Grape Street unit offers 3 bedrooms and 2 full bathrooms, along with a generously sized eat-in kitchen and dining room featuring a gas fireplace. The expansive living room ceilings, exposed ductwork, wet bar, and third-floor loft/third bedroom create a distinctive industrial-modern feel. The unit has also been recently refreshed with new paint and new carpeting, and the property has a recently redone rubber roof. Both units feature central air conditioning and gas heat. A full basement with a separate entrance provides valuable additional space that could be used for storage, workspace, or potentially additional rental income, subject to applicable approvals. The property's CMX-2.5 zoning allows for a variety of commercial uses, creating tremendous flexibility for an investor, owner-occupant, small business owner, or entrepreneur. The property could potentially accommodate a storefront or small business, while the existing residential units already provide income. Located in one of Manayunk's most desirable and walkable areas, this property offers the combination of location, income, flexibility, and future upside that today's investors are looking for. Property Highlights: * Commercial duplex on an extra-large double-wide corner lot * CMX-2.5 zoning * 2 tenant-occupied units * Below-market rent on the 2-bedroom unit offers upside * 3BR / 2BA Grape Street unit * 2BR / 1BA Cresson Street unit * Central A/C in both units * New paint & carpeting in Grape Street unit * Recently replaced washer & dryer in Cresson Street unit * Recently redone rubber roof * Full basement with separate entrance * Steps from Main Street and all that Manayunk has to offer **Whether you're looking for a strong investment property, a flexible commercial/residential opportunity, or the ultimate house-hacking setup, this property is ready to deliver. Let the tenants help pay the mortgage while you build equity in one of Manayunk's prime locations. Priced to sell—don't miss this opportunity!**

Listing courtesy of Tara Management Services Inc



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.