5412 Chancellor Street

PHILADELPHIA, PA 19139

  • 0 Bed(s)
  • 0 Bath(s)
  • 1,824 Sqft
  • 1444
    Sqft(Lot)
$399,000

Description

Fully-occupied, income-producing duplex in west philadelphia with $3,345/month in gross rental income and about 5 years of remaining tax abatement. each unit offers 2 bedrooms and 2 full bathrooms, fully renovated in 2020 with modern finishes throughout. features include quartz countertops, stainless steel appliances, central air, in-unit laundry, recessed lighting, and hardwood flooring. the upper unit enjoys a private balcony, the lower unit has private rear outdoor area, while both units include open-concept layouts and spacious closets.

unit 1 is leased for $1565/mo + $70 utility fee, and unit 2 is leased for $1625/mo with an $85 utility fee, for a total of $40,140/year in gross scheduled income - an in-place cap rate of 7.5%. ideal turnkey investment with strong rental history and minimal maintenance. located on a quiet block with convenient access to public transit, major universities, and commercial corridors.

turnkey cash-flowing asset in appreciating west philly submarket. perfect for investors or 1031 exchange buyers, as well as owner-occupants looking to live in one unit and rent the other. showings available by appointment with minimum 48 hour notice.

  • Property Type

    Multi-Family

  • Subdivision

    Cobbs Creek

  • County

    PHILADELPHIA

  • Style

    Other

  • AD ID

    49586078

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Property Details

  • Water/Sewer

    • Water Source : Public

    Room Information

    • Patio/Porch Features: Balcony

    Interior Features

    • Basement Description: Other,Unfinished
    • Property Appliances: Dishwasher,Disposal,Dryer,Microwave,Oven/Range - Gas,Refrigerator,Stainless Steel Appliances,Washer

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Central
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1925
    • Structure: Twin/Semi-Detached
    • Major Appliances: Dishwasher,Disposal,Dryer,Microwave,Oven/Range - Gas,Refrigerator,Stainless Steel Appliances,Washer
    • New Construction: No
    • Total Units: 2
    • Built: 1925
    • Construction Material: Masonry
    • Foundation/Basement: Stone
    • Architecture: Other
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Electric

  • Lot Information

    • Lot Size: 1,444
    • Dimensions: 22.00 x 66.00
    • Lot Size (Acres): 0.03
    • Architectural Style: Other
    • Main Square Feet: 1,444

    Property Information

    • SQ ft: 1,824
    • SQ ft (Living Area): 1,824
    • Total Lot SQ ft: 1,444
    • Subdivision: COBBS CREEK
    • Appx. Lot Dimensions: 22.00 x 66.00
    • Total Acreage: 0.03
    • New Construction: No
    • Type: Other

  • Listing Information

    • Possession: Immediate
    • Days Of Market: 2

  • Tax Information

    • Annual Tax: $1,343
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Immediate

    Assessment Information

    • Taxes Assessment Amount: $95,950

  • Parking Information

    • Parking Type: On Street

    Homeowners Association Information

    • Direction: Google Maps

  • School Information

    • School District: THE SCHOOL DISTRICT OF PHILADELPHIA

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Natural Gas
    • Hot Water: Electric

    Location Information

    • Direction: Google Maps
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BuyOwner last updated this listing 05/05/2025 @ 03:56

  • MLS: PAPH2477302
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 1,824 sqft, 1,444 sized lot, and 0 parking. are nearby neighborhoods.