Description
***cash flowing duplex - $3500/month from 1st unit, 2nd unit for live-in or rent***
current cash flow:
the first unit is already generating $3,500 per month in rental income. the second unit can be rented for additional revenue or lived in, giving you flexibility and immediate returns.
property highlights:
10-year tax abatement until 2033, reducing tax costs and increasing your returns
proven rental history with over $6,000/month potential across both units
location:
located in the heart of olde kensington, just a 4-minute walk from popular spots like luna cafe, human robot, and sutton's bar – perfect for socializing and enjoying the neighborhood.
only a 15-minute walk to the main corridor of fishtown, offering easy access to trendy restaurants, shops, and entertainment.
unit 1 (4 bed, 3 bath):
already generating $3,500/month in rent
fully furnished
lease in place for the upcoming year, ensuring steady cash flow
unit 2 (3 bed, 3 bath):
potential to rent for additional income or occupy as an owner
designed with comfort and modern aesthetics in mind
shared backyard:
expansive, fenced-in backyard shared by both units
currently furnished and perfect for entertaining or relaxing
interior features:
elegant european-style shaker cabinets
modern stainless steel appliances
luxurious custom bathrooms with high-end finishes
high-quality flooring throughout
take advantage of this already cash-flowing duplex and seize a prime investment opportunity in olde kensington!
Property Type
Multi-FamilyCounty
PHILADELPHIAStyle
ContemporaryAD ID
49376120
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Interior Features
- Basement Description: Full
Heating & Cooling
- Cooling: Central A/C
- Heating: 90% Forced Air
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1952
- Structure: Interior Row/Townhouse
- New Construction: No
- Total Units: 2
- Built: 1952
- Construction Material: Masonry
- Foundation/Basement: Concrete Perimeter
- Architecture: Contemporary
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: 60+ Gallon Tank
-
Property / Lot Details
Lot Information
- Lot Size: 1,486
- Dimensions: 17.00 x 87.00
- Lot Size (Acres): 0.03
- Architectural Style: Contemporary
- Main Square Feet: 1,486
Property Information
- SQ ft: 2,700
- SQ ft (Living Area): 2,700
- Total Lot SQ ft: 1,486
- Financing: Cash,Conventional,FHA,VA
- Appx. Lot Dimensions: 17.00 x 87.00
- Total Acreage: 0.03
- New Construction: No
- Type: Contemporary
-
Listing Information
Listing Information
- Possession: Immediate,0-30 Days CD,Negotiable
- Days Of Market: 4
-
Taxes / Assessments
Tax Information
- Annual Tax: $1,983
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Immediate,0-30 Days CD,Negotiable
Assessment Information
- Taxes Assessment Amount: $141,680
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: On Street
Multi-Unit Information
- Acceptable Financing: Cash,Conventional,FHA,VA
Homeowners Association Information
- Direction: From N Tenth St make left onto Cecil B Moore Ave. Then another left on N Marshal St in .3 miles and home is on your left.
-
School, Utilities & Location Details
School Information
- School District: PHILADELPHIA CITY
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
- Hot Water: 60+ Gallon Tank
Location Information
- Direction: From N Tenth St make left onto Cecil B Moore Ave. Then another left on N Marshal St in .3 miles and home is on your left.
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BuyOwner last updated this listing 04/26/2025 @ 14:12
- MLS: PAPH2470604
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 2,226 sqft, 1,486 sized lot, and 0 parking. are nearby neighborhoods.