INVESTOR OPPORTUNITY
Excellent opportunity to add an income-producing duplex to your Philadelphia real estate portfolio. The property features two residential units and a detached garage, providing multiple sources of rental income.
Unit 1 is a 2-bedroom, 1-bathroom apartment that is currently vacant and was previously rented for $1,050 per month, allowing the new owner to select their own tenant and establish a new lease.
Unit 2 is a 2-bedroom, 1-bathroom apartment that is currently occupied and rented for $1,200 per month.
The detached garage generates an additional $700 per month.
Based on the current and most recent rental rates, the property has the potential to generate approximately $2,950 per month and $35,400 in annual gross rental income when fully occupied. With existing income and additional upside through the vacant unit, this property offers flexibility and strong income potential for both new and experienced investors.
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Listing Snapshot
Price
$299,900
Days On Site
17 Days
Bedrooms
4
Inside Area (SqFt)
1,204 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.03 Acres
Year Built
1925
MLS® Number
PAPH2667542
Status
Active
Property Tax
$4,459
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
6 days ago
Listing updated with changes from the MLS®
2 weeks ago
Status changed to Active
2 weeks ago
Listing first seen on site
General Features
Acres
0.03
Foundation
Other
Number Of Stories
2
Parking
On Street
Property Sub Type
Duplex
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Above
1204
SqFt Total
1204
Style
Other
Water Source
Public
Zoning
CMX2
Interior Features
Appliances
Gas RangeGas OvenGas Water HeaterRefrigeratorStainless Steel Appliance(s)Microwave
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