South Philly duplex with solid rental history, just one block from the Broad Street subway, features separate meters, newer mechanicals. Two character-rich units with separate gas and electric meters. With one unit currently vacant, this is an excellent opportunity for an owner occupant looking to offset their mortgage with rental income. Unit 1 is a ground-floor 1BR with a large living/dining area, efficient kitchen with pass-through window, in-unit washer/dryer and rear grassy yard. Recently vacant and listed for rent at $1,575/month. Unit 2 is a sunny second-floor 2BR with eat-in kitchen, oak built-in wardrobe, private deck and basement access for laundry and storage. Long-term tenant paying $1,379/month on year lease until 9/1/2027. New roof in 2018, New boilers in 2020 and well maintained overall. A solid opportunity for an owner occupant, first-time investor or addition to an existing portfolio. Current FHA mortgage may be assumable at 2.5% interest, with an approximate balance of $274,000 through Freedom Mortgage. Buyer to independently verify eligibility and terms with lender.
| MLS # | PAPH2660002 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1911 |
| Days On Site | 49 |
| Listing Provided By | Elfant Wissahickon Realtors | Christian Fegel |
| SQ Feet | 1,560 |
|---|---|
| Basement | Y |
| Units | 2 |
| Zoning | RSA5 |
| Acreage | 0.04 |
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Radiator |
| Roof | Flat |
|---|---|
| Construction Materials | Brick |
| Foundation Details | Brick/Mortar |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 4959 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19148 |
| Area | 19148 (19148) |
| Community Name | PHILADELPHIA (SOUTH) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Elementary School | JENKS ABRAM |
| Listing VS Median (in PHILADELPHIA (SOUTH)) | |
Price: $432,000 low | high Med: $239,945 sqft: 1,560 low | high Med: 1,515 $ / sqft: $277 low | high Med: $175 On site: 49 low | high Med: 164 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19148 |
| Area | 19148 (19148) |
| Community Name | PHILADELPHIA (SOUTH) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Elementary School | JENKS ABRAM |
| Listing VS Median (in PHILADELPHIA (SOUTH)) | |
Price: $432,000 low | high Med: $239,945 sqft: 1,560 low | high Med: 1,515 $ / sqft: $277 low | high Med: $175 On site: 49 low | high Med: 164 | |