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MULTI_FAMILY - PHILADELPHIA, PA
Located on a desirable corner lot in the heart of Point Breeze, this well-maintained duplex presents an excellent investment opportunity in one of Philadelphia's hottest neighborhoods. Rents in the neighborhood for 2 bedrooms going upwards of $1800 and one bedrooms for upwards of $1600. The property is a two-story building with separate entrances and individual heating, hot water, and electric systems for each unit, making management efficient and straightforward. Property was recently vacated by longterm tenants and is now ready for new ones. Furnished photos are from the previous tenants. The first-floor apartment features a spacious front bedroom with high ceilings, a large living area, a breakfast counter, and a refrigerator. Seller is a licensed architect and had intended on reconfiguring the second floor for a more suitable living room arrangement. Could potentially provide plans f...
Located on a desirable corner lot in the heart of Point Breeze, this well-maintained duplex presents an excellent investment opportunity in one of Philadelphia's hottest neighborhoods. Rents in the neighborhood for 2 bedrooms going upwards of $1800 and one bedrooms for upwards of $1600. The property is a two-story building with separate entrances and individual heating, hot water, and electric systems for each unit, making management efficient and straightforward. Property was recently vacated by longterm tenants and is now ready for new ones. Furnished photos are from the previous tenants. The first-floor apartment features a spacious front bedroom with high ceilings, a large living area, a breakfast counter, and a refrigerator. Seller is a licensed architect and had intended on reconfiguring the second floor for a more suitable living room arrangement. Could potentially provide plans for an easy renovation to convert layout into a design that would accomodate that. The 2nd unit features 2 bedroooms and an additional room which is usually configured as the living room, but also could be an ideal roommate situation. Tenants also enjoy direct access to a small garage (which could also be rented out for additional income) and the basement, which includes storage space and a laundry area with a washer and dryer. The second-floor unit offers a private entrance, an eat-in kitchen with a refrigerator, two comfortable bedrooms, a bright living room, and access to a small rooftop area. With some sprucing the 2nd floor outdoor porch could be an excellent feature for atrracting tenants. Basement was redone very recently, including all new hot water heaters. With a Walk Score of 87 and a Bike Score(R) of 96, this location is both very walk-able and a biker's paradise, with convenient access to public transportation and local amenities. Whether you're a seasoned investor or just entering the market, this fully occupied duplex offers strong rental income potential and long-term value in a vibrant, rapidly growing neighborhood.
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