This isn't just a building; it's a stabilized, income-producing asset perfectly positioned for immediate value creation. Located in a high-demand South Philadelphia neighborhood, this two-unit duplex offers a low-risk entry point for both new and seasoned investors seeking immediate cash flow paired with significant potential for capital appreciation.The property is currently 100% occupied by long-tenured, reliable tenants on month-to-month leases. This arrangement minimizes turnover costs and vacancy risk, providing a robust income stream from day one of ownership. This stability allows the new owner to focus immediately on the property's primary value proposition: rental rate correction.
| MLS # | PAPH2601034 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1923 |
| Days On Site | 164 |
| Listing Provided By | Legal Real Estate LLC | Marvin A Lane Sr. |
| SQ Feet | 1,068 |
|---|---|
| Units | 1 |
| Zoning | RSA5 |
| Acreage | 0.02 |
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard - Electric |
| Construction Materials | Masonry |
|---|---|
| Foundation Details | Concrete Perimeter |
| Garage Yes / No | No |
|---|
| Utilities | Electric Available |
|---|
| Tax Annual Amount | 2693 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19146 |
| Area | 19146 (19146) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19146) | |
Price: $280,000 low | high Med: $312,500 sqft: 1,068 low | high Med: 1,283 $ / sqft: $262 low | high Med: $244 On site: 164 low | high Med: 90.5 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19146 |
| Area | 19146 (19146) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19146) | |
Price: $280,000 low | high Med: $312,500 sqft: 1,068 low | high Med: 1,283 $ / sqft: $262 low | high Med: $244 On site: 164 low | high Med: 90.5 | |