301 W Ruscomb St,PHILADELPHIA, PA 19120
PHILADELPHIA, PA 19120
Description
Exceptional Investment Opportunity - Legal Duplex + Massive Garage/Warehouse Space! Welcome to 301 W. Ruscomb, a truly unique income-producing property offering exceptional flexibility for investors and owner-occupants alike. With all residential units currently vacant, this property provides the rare opportunity to set your own rents, select your own tenants, or occupy one unit while generating income from the others. The property features three residential units plus an oversized attached garage/warehouse with space for 10+ vehicles, creating an additional income opportunity or the perfect setup for a contractor, auto enthusiast, small business, storage facility, or workshop. Recent renovations include new windows, new kitchen cabinets, quartz countertops, stainless steel appliances, new bathrooms, new flooring, recessed lighting, new heating systems, new water heaters, and central air conditioning. Separate utility meters for each unit make management simple and efficient, while low property taxes help maximize your return. Projected Rental Income: First Floor: 2-bedroom, 1-bath unit - estimated $1,250/monthSecond Floor: 2-bedroom, 1-bath unit - estimated $1,250/monthStudio Bonus Unit: Studio with full bath - estimated $900/monthOversized Garage/Warehouse: Estimated rental income of approximately $1,500/month (with potential for higher income depending on use) Estimated Total Monthly Income: Approximately $4,900/month. The oversized garage/warehouse is a standout feature that offers endless possibilities, whether leased separately for vehicle storage, warehouse space, contractor use, or other business purposes. Opportunities like this are hard to find. Whether you're seeking a strong cash-flowing investment, a value-add opportunity, or a property with multiple income streams and future appreciation potential, 301 W. Ruscomb is ready for its next owner. With all units vacant, you can begin generating income immediately on your own terms. Schedule your private showing today!
Details
| MLS # | PAPH2651002 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1930 |
| Days On Site | 77 |
| Listing Provided By | Keller Williams Realty Devon-Wayne | Alexander Taggart Penn |
Features
| SQ Feet | 2,016 |
|---|---|
| Garage | 10 |
| Basement | Y |
| Units | 4 |
| Zoning | RSA5 |
| Acreage | 0.04 |
Interior
| Cooling | Central A/C |
|---|---|
| Heating Yes / No | Yes |
| Heating | 90% Forced Air |
Exterior
| Construction Materials | Masonry |
|---|---|
| Foundation Details | Other |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Secure Parking, Private |
Taxes
| Tax Annual Amount | 2865 |
|---|
Area Information
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19120 |
| Area | 19120 (19120) |
| Community Name | OLNEY |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in OLNEY) | |
Price: $369,999 low | high Med: $187,450 sqft: 2,016 low | high Med: 1,310 $ / sqft: $184 low | high Med: $146 On site: 77 low | high Med: 73 | |
Market Activity 19120
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19120 |
| Area | 19120 (19120) |
| Community Name | OLNEY |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in OLNEY) | |
Price: $369,999 low | high Med: $187,450 sqft: 2,016 low | high Med: 1,310 $ / sqft: $184 low | high Med: $146 On site: 77 low | high Med: 73 | |
