$70,000 DUPLEX | 16% CAP RATE | TENANTS IN PLACE. Both units have just been rented with tenants in place with one-year leases. Welcome to 3537 Joyce Street, a well-positioned duplex investment opportunity offering immediate income potential. This two-unit property features one studio apartment and one one-bedroom apartment, making it an ideal addition to a rental portfolio with over a 16% cap rate. Recent updates include new stove, refrigerator, and heaters. Both units offer functional layouts with strong rental demand in the area. Separate living spaces provide flexibility for leasing, while the property's manageable size keeps operating costs efficient. Conveniently located near major roadways, public transportation, shopping, and neighborhood amenities. Whether you're a seasoned investor or just getting started, 3537 Joyce Street presents a solid opportunity to generate consistent rental income with long-term upside. CASH BUYERS ONLY, no exceptions.
| MLS # | PAPH2589000 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1920 |
| Days On Site | 242 |
| Listing Provided By | Real of Pennsylvania | Rebecca Leigh Bostic |
| SQ Feet | 900 |
|---|---|
| Story(s) | 2 |
| Units | 2 |
| Zoning | RSA5 |
| Acreage | 0.02 |
| Cooling | Wall Unit |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard - Electric |
| Window Features | Replacement |
| Appliances | Microwave, Refrigerator, Stove |
| Roof | Flat |
|---|---|
| Construction Materials | Masonry |
| Foundation Details | Slab |
| Garage Yes / No | No |
|---|---|
| Parking Features | Public |
| Tax Annual Amount | 627 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19134 |
| Area | 19134 (19134) |
| School District | PHILADELPHIA CITY |
| High School | KENSINGTON |
| Listing VS Median (in 19134) | |
Price: $70,000 low | high Med: $120,000 sqft: 900 low | high Med: 898 $ / sqft: $78 low | high Med: $134 On site: 242 low | high Med: 91.5 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19134 |
| Area | 19134 (19134) |
| School District | PHILADELPHIA CITY |
| High School | KENSINGTON |
| Listing VS Median (in 19134) | |
Price: $70,000 low | high Med: $120,000 sqft: 900 low | high Med: 898 $ / sqft: $78 low | high Med: $134 On site: 242 low | high Med: 91.5 | |