Well-maintained detached duplex investment opportunity in the Rhawnhurst section of Northeast Philadelphia, offering immediate cash flow with clear upside potential. This two-unit property features (2) spacious 2-bedroom / 1-bath layouts, totaling approximately 2,074 SF on a 3,373 SF lot, with durable brick construction. The property is 100% occupied, generating $2,450/month… Read More in current gross rent. One unit is leased through May 31, 2026, providing income stability, while the second unit is month-to-month, creating a near-term opportunity to adjust rents to market. Based on current market conditions, comparable two-bedroom units in the immediate area are achieving higher rental rates, presenting a mark-to-market opportunity for increased income. This makes the property well-suited for investors seeking a balance of in-place cash flow and future growth. Located in a stable, demand-driven rental corridor with convenient access to Castor Avenue, Roosevelt Boulevard, shopping, and public transportation. The detached layout offers added tenant appeal and operational simplicity. Zoned RSA3. Annual taxes approximately $5,217. Property is not located in a flood hazard area. Ideal for investors or owner-occupants looking to offset expenses with rental income. Offered at $448,000. Read Less
Courtesy of Catheleen A Lazauskas, J G McSherry LLC 215-745-4200
Listing Snapshot
Days Online
1
Last Updated
Property Type
Duplex
Square Ft.
2,074
Lot Size
0.08 Acres
Year Built
1960
MLS Number
PAPH2601228
Additional Details
Basement
Full
Building
Built in 1960, Living area: 2074, Construction Materials: Masonry
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