Property Description

Well-maintained two-unit investment property in Northeast Philadelphia with stable rental income from day one. Built as a duplex, this building has two separate 2-bedroom, 1-bath units, one on each floor. Both units are currently leased to long-term tenants at $1,375 per month each, for $2,750 in gross monthly rent ($33,000 annually). Tenants pay their own gas, electric, and water, which keeps owner expenses low. Each unit has central air conditioning, natural gas heat and hot water, an in-unit washer and dryer, a dishwasher, a microwave, and a garbage disposal. A 2-car garage adds off-street parking and storage. This is a turnkey opportunity for investors seeking reliable cash flow, or for a buyer who wants to live in one unit and offset the mortgage with income from the other. Don’t miss this one.

Property Features

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