$260,000
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253 ROSEMAR STREET PHILADELPHIA, PA 19120 Municipality: Philadelphia
Townhouse
Residence
Beds
Baths
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Bed/Bath
Sq. Ft.
Property Activity
Time on Site
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Days on Market
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Turnkey investment opportunity on a beautiful residential street in Olney! This well-maintained DUPLEX at 253 Rosemar St offers immediate rental income with both units currently leased, providing an attractive opportunity for an investor or a future owner-occupant looking to offset their housing cos...ts.
Unit 1 is a spacious bi-level 2-bedroom, 1-bath apartment with a thoughtfully designed layout. The lower level features two bedrooms and a full bathroom, while the main level offers a bright, open living/family room and dining area, along with the kitchen. The kitchen provides access to a private deck and backyard, creating a great outdoor space for tenants.
Unit 2 is accessed through its own private entryway and offers a flexible 1-bedroom plus den/living room layout. The unit features an eat-in kitchen and an updated bathroom, making it a comfortable and functional rental.
Both units have separate private entrances and modern keypad access locks, offering convenience, privacy, and easy access for tenants and property management.
Current Rental Income
Unit 1: Leased through June 30, 2027 at $1,135/month, including water
Unit 2: Leased through July 31, 2027 at $1,050/month, including water
Combined monthly rent: $2,185
Current annual scheduled rent: $26,220
The property was successfully granted a Permit for Use as a Two Family Dwelling in August 2015.
With established tenants, separate entrances, flexible layouts, outdoor space, and existing two-family use documentation, 253 Rosemar St presents a compelling opportunity to add a cash-flowing property to your portfolio in Olney.
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MLS#
PAPH2666920
Property Type
Townhouse
Year Built
1953
Price per Sq. Ft.
$127.45
Lot Size
0.02
Sewer
Public Sewer
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