Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1960
Sq.Footage
2,074
Well-maintained detached duplex investment opportunity in the Rhawnhurst section of Northeast Philadelphia, offering immediate cash flow with clear upside potential. This two-unit property features (2) spacious 2-bedroom / 1-bath layouts, totaling approximately 2,074 SF on a 3,373 SF lot, with durable brick construction. The property is 100% occupied, generating $2,450/month in current gross rent. One unit is leased through May 31, 2026, providing income stability, while the second unit is month-to-month, creating a near-term opportunity to adjust rents to market. Based on current market conditions, comparable two-bedroom units in the immediate area are achieving higher rental rates, presenting a mark-to-market opportunity for increased income. This makes the property well-suited for investors seeking a balance of in-place cash flow and future growth. Located in a stable, demand-driven rental corridor with convenient access to Castor Avenue, Roosevelt Boulevard, shopping, and public transportation. The detached layout offers added tenant appeal and operational simplicity. Zoned RSA3. Annual taxes approximately $5,217. Property is not located in a flood hazard area. Ideal for investors or owner-occupants looking to offset expenses with rental income. Offered at $448,000.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Above Grade Finished Area
2074.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Baseboard
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.08
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Other
Price
-
Sales Price
$448,000
-
Tax Amount
$5,217
-
Sq. Footage
2, 074
-
Price/SqFt
$216
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Brick/Mortar
-
Sewer
Public Sewer
-
Tax Lot
232
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Catheleen A Lazauskas , J G McSherry LLC
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Theresa Kehler
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