
Description
This is a 2+2 LEGAL duplex (with active rental license), which is nestled between the Logan and Hunting Park sections of Philadelphia. There's immediate access to Broad St, Roosevelt Blvd, and the Expressway within seconds, and the option for nearby public transportation will be an added bonus for your future tenants. With the current layout, there is a 2 bedroom, 1.5 bath unit spread across the first floor and basement level of the duplex, with large kitchen and laundry area in the unit. This unit has access to the backyard as well. The 2nd unit has 2 bedrooms, 1 bath, kitchen with laundry area, and a living room area that can used as a 3rd bedroom, if preferred. Utilities are already separated for each unit, water heaters are 2yrs and 3yrs old, and the roof is only 4 years old with no current leaks! The property has the potential to make approx. $2400/mon, once you upgrade the condition into 2025! Rehab costs may work with a 203k FHA owner occupant buyer or with an investor. ARV for this property is approx. $285K, so the all in works! This property has month to month tenants that will be gone by March, so this will be delivered vacant upon settlement. Reach out with any additional questions and we can discuss how to add this to your portfolio or for you to become a creative, visionary homebuyer.
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0BEDS
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0.03ACRES
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0BATHS
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01/2 BATHS
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1,410SQFT
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$103$/SQFT
Description
This is a 2+2 LEGAL duplex (with active rental license), which is nestled between the Logan and Hunting Park sections of Philadelphia. There's immediate access to Broad St, Roosevelt Blvd, and the Expressway within seconds, and the option for nearby public transportation will be an added bonus for your future tenants. With the current layout, there is a 2 bedroom, 1.5 bath unit spread across the first floor and basement level of the duplex, with large kitchen and laundry area in the unit. This unit has access to the backyard as well. The 2nd unit has 2 bedrooms, 1 bath, kitchen with laundry area, and a living room area that can used as a 3rd bedroom, if preferred. Utilities are already separated for each unit, water heaters are 2yrs and 3yrs old, and the roof is only 4 years old with no current leaks! The property has the potential to make approx. $2400/mon, once you upgrade the condition into 2025! Rehab costs may work with a 203k FHA owner occupant buyer or with an investor. ARV for this property is approx. $285K, so the all in works! This property has month to month tenants that will be gone by March, so this will be delivered vacant upon settlement. Reach out with any additional questions and we can discuss how to add this to your portfolio or for you to become a creative, visionary homebuyer.
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