Property
Beds
2
Full Baths
2
1/2 Baths
None
Year Built
1945
Sq.Footage
1,088
Welcome to 3500 Wellington Street, a well-maintained duplex located in the desirable Mayfair section. This income-producing property features two 1-bedroom, 1-bathroom units, making it an excellent opportunity for both investors and owner-occupants. Unit 1 is vacant and move-in ready, allowing an owner to occupy the property immediately or generate rental income of $895 per month (Previous Rental amount). Unit 2 is currently tenant-occupied and rented at $800 per month, providing immediate cash flow with additional upside since the rent is below current market value. The property offers separately metered utilities for each unit, with the exception of water, helping to reduce operating expenses. Situated on a corner lot, the home benefits from additional outdoor space and enhanced curb appeal. A rare bonus is the attached car garage along with a rear driveway that accommodates two additional vehicles, providing ample off-street parking for tenants or owners. Whether you're looking to expand your investment portfolio, generate passive income, or offset your mortgage by living in one unit while renting the other, 3500 Wellington Street offers flexibility, strong long-term potential, and immediate income in a convenient location.
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
2
-
Above Grade Finished Area
1088.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s), Ductless, Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Radiant
-
Main Level Bedrooms
1
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Parking
Garage, Driveway, Attached
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.03
-
Lot Size(square feet)
1,408
-
Property Type
Residential
-
Property Sub Type
Townhouse
-
Architectural Style
AirLite
Price
-
Sales Price
$349,000
-
Tax Amount
$3,379
-
Financing Options
Cash, Conventional
-
Sq. Footage
1,088
-
Price/SqFt
$320
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Brick/Mortar
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
150
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Alex Lam , EXIT Elevate Realty
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Owner, Chief Executive Officer, Portfolio Advisor
Nick Polinchock
Call Nick today to schedule a private showing.
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