Welcome to 523 Dickinson Street, a legal triplex offering an excellent opportunity for investors seeking rental income with immediate upside. The property features three residential units, all separate utility meters, and a desirable South Philadelphia location in the 19147 zip code. The first-floor unit is currently occupied and generating $1,300 per month, providing immediate rental income to the new owner. The second-floor unit is vacant and offers an estimated rental opportunity of approximately $1,300 per month, while the third-floor unit is also vacant and offers an estimated rental opportunity of approximately $1,195 per month. At projected rents, the property has the potential to generate approximately $3,795 per month, or $45,540 annually, in gross rental income. The two vacant units provide a new owner the opportunity to live in one unit as an owner-occupant or to lease up the property and increase overall cash flow. Separate meters further enhance the investment profile by allowing for more efficient utility management. Offered at $549,000, this is an excellent opportunity to acquire a legal triplex with an existing income stream, additional rental upside, and the potential for long-term appreciation in one of Philadelphia's highly sought-after neighborhoods. Conveniently located near Center City, Passyunk Square, shopping, restaurants, public transportation, and major roadways. Whether you're an experienced investor expanding your portfolio or a buyer looking for an income-producing property, 523 Dickinson Street is worth a closer look.
Here is the complete revised listing description with the stronger opening fully incorporated and the urgency carried through to the closing: 130 E. Allegheny Avenue Legal Duplex West Kensington VACANT LEGAL DUPLEX + VALUE-ADD POTENTIAL IN WEST KENSINGTON! Investors, landlords, and savvy owner-occupants—put 130 E. Allegheny Avenue on your must-see list. With two functional units, great bones, a full basement with additional potential, and no tenants to relocate, this property offers multiple paths to create value and generate rental income. Live in one unit and rent the other to help offset your housing expenses, renovate and hold for cash flow, or add it to your growing rental portfolio. Located in Philadelphia’s West Kensington section, this is the type of property where vision and improvements can unlock long-term potential. Bring your contractor, run your numbers, and schedule your showing before another buyer sees the opportunity! Great bones. Functional layout. Two units. Multiple possibilities. Add your finishing touches, maximize the available space, and position this property to potentially generate income for years to come. As you enter, the property features an enclosed front porch, offering the potential to create a convenient common-area laundry space for residents. UNIT 1 – FIRST FLOOR The first-floor unit features a living room, one-bedroom, full bathroom, and eat-in kitchen, along with exclusive access to the backyard and basement. The full basement extends the length of the property and offers good ceiling height with exciting value-add possibilities. Subject to applicable zoning, permits, and approvals, explore the potential to finish the basement with an additional bedroom and bathroom, while still leaving room for a home office, recreation area, or additional finished living space. UNIT 2 – SECOND FLOOR The second-floor unit features an eat-in kitchen, full bathroom, and two bedrooms, providing a functional layout with rental-income potential. LOCATION & CONVENIENCE Residents can enjoy convenient access to neighborhood amenities, with public transportation, supermarkets, pharmacies, stores, shops, restaurants, and other everyday conveniences within walking distance. RENTAL INCOME POTENTIAL Based on area market data, one-bedroom units may rent approximately $700–$1,100 per month, while two-bedroom units may rent approximately $950–$1,450 per month, depending on condition, finishes, amenities, and prevailing market conditions. Buyers should independently verify market rents and projected income. The property is VACANT and being sold strictly in AS-IS condition, allowing the next owner to get started without having to relocate existing tenants. TWO UNITS. MULTIPLE STRATEGIES. ONE OPPORTUNITY. LIVE IN ONE + RENT THE OTHER. RENOVATE + HOLD. BUILD YOUR PORTFOLIO. CREATE LONG-TERM INCOME. Whether you're searching for your next investment property or an owner-occupant opportunity that could help offset your monthly housing expenses, 130 E. Allegheny Avenue deserves your attention. Don't wait for someone else to recognize the potential first. Bring your contractor, bring your vision, run your numbers, and see firsthand what this legal duplex has to offer. Schedule your showing TODAY and submit your strongest offer. Opportunities with this combination of vacancy, legal duplex status, flexibility, and value-add potential are worth a closer look—make your move!
Welcome to 644 N. 52nd Street, a fully rented 4-unit property in Philadelphia offering a strong opportunity for an investor looking to add a cash-flowing asset to their portfolio. This converted townhouse features four separate units with a total monthly rent of $4,195, providing immediate income from day one. The property includes a basement-level 1-bedroom, 1-bathroom unit with a private entrance, a first-floor rear 1-bedroom, 1-bathroom unit, a first-floor front studio unit with 1 bathroom, and a second-level 2-bedroom, 1-bathroom unit. Each unit offers a functional layout, and the property has been fully renovated with updated flooring, modern kitchens and modern bathrooms, creating a cleaner, updated living experience for tenants. With all units currently rented with signed leases and established tenants, 644 N. 52nd Street is well positioned as a turnkey investment opportunity. Whether you are looking to expand an existing rental portfolio or acquire a multi-unit property with income already in place, this property is worth a closer look.
Freshly updated duplex home with 2 tenant occupied units. Lower level has access to back yard. Great location close to Temple Campus, easy access to Broad st and neighborhood amenities from playground to corner store. Lots of new construction development all around. One and a half block from Temple Architecture Department. The units both have new tenants as of August 1st and leases through end of July 2027. Legal duplex with rental licenses and LBP testing records. The units technically have 3 BR each, but due to the size of each BR and the common area, have been marketed and rented as 2BR, 1BA. Please see rendered (approximate schematic). Tenant downstairs pays $1,250.00 plus 50/mo for water. Tenant upstairs pays $1,200.00 including water. All utilities are Electric.
Well-maintained multi-unit property in a great Philadelphia location, offering excellent potential for investors or owner-occupants. The property is currently set up as three units, providing flexible living arrangements and income-producing possibilities. The basement level is handicap accessible, adding valuable functionality and versatility. The property needs some work and offers an opportunity for the next owner to make updates and add value. Conveniently located near shopping, dining, transportation, and everyday amenities. Don’t miss the opportunity to bring your vision to this well-located multi-unit property!
Don't miss out on this great investment opportunity in a prime area! This triplex is ideally located near the universities and close to public transportation. All units are fully rented and ALL tenants pay their rent on time! This is truly a turn-key investment. All units were fully renovated recently with all high end amenitites inclduing WD, Stainless steel appliances and more. The roof is well maintenaned and all downspouts replaced to prevent any leaks. 1st floor is a 2 bedroom / 2 baths with access to a huge backyard. 2nd floor is a 2 bedrooms / 2 baths. 3rd floor is a one bedroom unit.
Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2027, this exceptional duplex offers immediate cash flow and strong long-term upside. Currently generating $43,200, this income-producing asset is an outstanding opportunity for investors seeking stable returns and dependable cash flow. The property consists of two spacious student housing units totaling 9 bedrooms and 5 bathrooms: Unit 1: 4 bed / 2 bath Current Rent $1600? Unit 2: 5 bed / 3 bath Current Rent $2000 A standout feature is the property's private roof deck, a highly sought-after amenity in the Temple University rental market that enhances tenant appeal, supports strong leasing performance, and helps drive rental growth. This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2665118, PAPH2665128, PAPH2665158, PAPH2665168, PAPH2665172, PAPH2665174, PAPH2665178, PAPH2665182, PAPH2665180, PAPH2665184, PAPH2665188, PAPH2665192, PAPH2665196, PAPH2665198 and PAPH2665206
Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2027, this exceptional four-unit property offers immediate cash flow with outstanding long-term upside. Currently generating $78,900 beginning August 2026—representing an impressive 10% increase in rental income from last leasing cycle. This income-producing asset is an outstanding opportunity for investors seeking stable returns, dependable cash flow, and built-in rental growth. The property consists of four spacious student housing units totaling 11 bedrooms and 7 bathrooms across four full floors of living space: Unit 1: 2 bed / 1 bath (Lower Level) / $1100 Monthly Rent? Unit 2: 3 bed / 2 bath (First Floor) / $1650 Monthly Rent? Unit 3: 3 bed / 2 bath (Second Floor) / $1875 Monthly Rent? Unit 4: 3 bed / 2 bath (Third Floor) / $1950 Monthly Rent Located within the Temple University Patrol Zone and just steps from Temple University's main campus, its desirable unit mix, strong in-place cash flow, and significant scheduled rent growth position this asset for continued long-term performance and investor stability. This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2665118, PAPH2665128, PAPH2665158, PAPH2665168, PAPH2665172, PAPH2665174, PAPH2665178, PAPH2665182, PAPH2665180, PAPH2665184, PAPH2665188, PAPH2665192, PAPH2665196, PAPH2665198 and PAPH2665206
Investor Alert! 24-hour notice required for all showings. Exceptional opportunity to acquire an 8-bedroom, 3-bath student housing property in one of Temple University's most established off-campus rental markets. House is currently rented until July 2027, generating $43,200 in annual gross rental income. Located just steps from Temple University's main campus and within the Temple University Patrol Zone, the property benefits from one of Philadelphia's strongest student housing corridors, known for consistent tenant demand and long-term rental stability. This house boasts a private roof deck, a large incentive for renters. A standout feature of this investment is its RM-1 zoning, allowing up to four units by right (subject to buyer due diligence), creating significant long-term value-add potential through future redevelopment or reconfiguration. This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2665118, PAPH2665128, PAPH2665158, PAPH2665168, PAPH2665172, PAPH2665174, PAPH2665178, PAPH2665182, PAPH2665180, PAPH2665184, PAPH2665188, PAPH2665192, PAPH2665196, PAPH2665198 and PAPH2665206
Investor Alert! 24-hour notice required for all showings. Currently operating as a 7-bedroom, 2.5-bath student rental, the property generates $4,900 per month ($58,800 gross annual income) and is fully leased through July 2027, providing investors with stable, predictable returns from day one. With an NOI of $45,087.41, this property is offered at nearly a 10% cap rate — an exceptional return profile for a fully leased, stabilized asset in this market. This property is a legal four-unit rooming house with grandfathered zoning rights, making it a 4-unit building by right. This designation creates significant future value-add potential for the next owner, subject to buyer due diligence. The property benefits from its premier location just steps from Temple University's main campus, positioned in the heart of the university's most desirable off-campus housing district and within the campus patrol zone. The property also features a private roof deck, one of the most sought-after amenities in the Temple University rental market. Roof decks continue to command strong tenant interest and help differentiate properties from competing inventory, supporting long-term rentability and occupancy. This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2665118, PAPH2665128, PAPH2665158, PAPH2665168, PAPH2665172, PAPH2665174, PAPH2665178, PAPH2665182, PAPH2665180, PAPH2665184, PAPH2665188, PAPH2665192, PAPH2665196, PAPH2665198 and PAPH2665206
Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2027, this exceptional triplex offers immediate cash flow and strong long-term upside. The property is currently generating $51,300 in annual gross rental income, with meaningful upside on Unit 1 upon lease turnover — this income-producing asset is an outstanding opportunity for investors seeking a stable base of cash flow plus a clear path to increased returns. Completely gutted and renovated in 2015, the property benefits from modern infrastructure and finishes. The 1:1 bedroom-to-bathroom ratio aligns with current student housing demand trends, helping to ensure future rentability and maintain competitive occupancy levels. Unit 1: 5 Bed / 5.5 Bath — Currently rented at $1,350/month (historically rented at $2,600/month — significant upside potential upon lease renewal) Unit 2: 3 Bed / 3 Bath — Rented at $1,350/month Unit 3: 3 Bed / 3 Bath — Rented at $1,575/month This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2665118, PAPH2665128, PAPH2665158, PAPH2665168, PAPH2665172, PAPH2665174, PAPH2665178, PAPH2665182, PAPH2665180, PAPH2665184, PAPH2665188, PAPH2665192, PAPH2665196, PAPH2665198 and PAPH2665206
Investor Alert! 24-hour notice required for all showings. Fully occupied and fully leased through July 2027, this exceptional duplex offers immediate cash flow and strong long-term upside. Currently generating $26,940 in annual gross rental income. This income-producing asset is an outstanding opportunity for investors seeking stable returns and dependable cash flow. The property consists of two spacious student housing units totaling 5 bedrooms and 3 bathrooms: Unit 1: 2 bed / 1 bath Current Rent $1000? Unit 2: 5 bed / 3 bath Current Rent $1245 This property is being marketed individually and as a package that includes the properties with the following MLS numbers: PAPH2665118, PAPH2665128, PAPH2665158, PAPH2665168, PAPH2665172, PAPH2665174, PAPH2665178, PAPH2665182, PAPH2665180, PAPH2665184, PAPH2665188, PAPH2665192, PAPH2665196, PAPH2665198 and PAPH2665206
Positioned in close proximity to Temple University, this triplex presents an attractive income-producing opportunity in North Central Philadelphia. Each unit offers central air conditioning, forced-air natural gas heating, and its own washer and dryer, adding everyday convenience for residents. The property also includes a full unfinished basement that provides additional utility and storage potential. While there is no dedicated parking, the location offers convenient access to Temple University and the surrounding neighborhood. With its multi-unit layout, individual laundry, and desirable location near campus, this property offers strong appeal for investors seeking a well-located Philadelphia rental asset. *Some photos may have been virtually enhanced or digitally edited for marketing purposes.
Located just minutes from Temple University, this North Central Philadelphia triplex offers a convenient residential setting with easy access to the surrounding campus area. Each unit includes its own washer and dryer, along with central air conditioning and forced-air natural gas heating for year-round comfort. The property also features a full unfinished basement, with on-street parking available nearby. Its location near Temple University makes it a practical choice for renters seeking convenient access to campus, public transportation, shopping, dining, and neighborhood amenities. Contact us today for more information or to schedule a tour. *Some photos may have been virtually enhanced or digitally edited for marketing purposes.
Horvath & Tremblay is pleased to present the opportunity to acquire 4813-15 Chester Avenue, a multifamily investment opportunity located in Southwest Cedar Park, Philadelphia. The Property consists of two buildings containing seven residential units and five on-site parking spaces. Built in 1925, the Property is situated on a site zoned RSA-3. The Property offers a seven-unit residential configuration across two buildings, complemented by five on-site parking spaces. The combination of residential units and dedicated parking provides an attractive offering within an established Southwest Philadelphia neighborhood, with potential for investors to benefit from continued demand for well-located rental housing. 4813-15 Chester Avenue is situated within Southwest Cedar Park, an established residential neighborhood with convenient access to major transportation corridors, SEPTA public transit, neighborhood retail, and everyday services. The area provides connectivity to University City, Center City, and surrounding employment centers, while benefiting from the amenities and institutions located throughout Southwest and West Philadelphia.
Attention Investors: Turnkey, Fully Occupied Triplex! 4628 Penn Street is a fully renovated, 100% occupied triplex generating $3,225/month ($38,700/year) in gross rental income. All units have separate gas and electric utilities paid directly by the tenants, reducing owner-paid expenses. The property generated 2025 NOI of $21,208.41, representing approximately a 7.6% cap rate at the $279,900 asking price. The property also features a coin-operated washer and dryer in the basement, providing an additional income stream. Unit Breakdown: Unit 1: 2 beds, 1 bath — $1,250/month with private backyard access?Unit 2: 2 beds, 1 bath — $1,150/month?Unit 3: 1 bed, 1 bath — $825/month All three units are occupied under fixed-term leases. With renovations complete and tenants already in place, the next owner can acquire a stabilized, income-producing multifamily property without a major upfront renovation or initial lease-up. Offered at $279,900. Schedule your private tour today.
Welcome to Lotus at 4037 Powelton Avenue, an architecturally distinctive four-unit multifamily investment opportunity in the heart of University City. Inspired by Japandi design, a harmonious blend of Japanese warmth through organic materials and natural textures with the clean lines and minimalist functionality of Scandinavian living, Lotus offers a living experience unlike anything else in the neighborhood. Built in 2022 and benefiting from approximately seven years remaining on Philadelphia's FULL tax abatement, this turnkey asset combines exceptional design, low-maintenance ownership, and immediate cash flow, making it a stable and turnkey standout investment opportunity in one of Philadelphia's most desirable rental markets. The property features four thoughtfully designed residences, each offering a spacious 3-bedroom, 2-bathroom layout. Fully leased and currently generating $11,132 in monthly rental income, the property delivers an impressive average rent of approximately $925 per bedroom per month, with an attractive acquisition cost of just $129,000 per bedroom. This combination of strong in-place income, competitive price per bedroom, and modern construction offers investors immediate cash flow, low-maintenance ownership, and excellent long-term appreciation potential in one of Philadelphia's strongest rental markets. Every detail throughout Lotus was intentionally curated to create a sophisticated yet inviting atmosphere. Rather than following the standard luxury apartment formula, the building embraces timeless design principles that appeal to discerning residents seeking something truly unique. Gourmet kitchens feature quartz countertops, sleek contemporary cabinetry, stainless steel appliances, and generous prep space, while spa-inspired bathrooms showcase refined finishes that elevate the everyday living experience. Each residence is further enhanced by central HVAC, in-unit washer and dryer, dishwasher, smart entry systems, intercom access, customizable dimmable lighting, and premium designer finishes, delivering both comfort and convenience while supporting premium rents and attracting high-quality long-term tenants. University City continues to be one of Philadelphia's most resilient and sought-after rental markets, fueled by consistent demand from graduate students, physicians, researchers, professors, healthcare professionals, and young professionals. Lotus is ideally positioned just moments from The University of Pennsylvania, Drexel University, Children's Hospital of Philadelphia (CHOP), the Hospital of the University of Pennsylvania (HUP), and Penn Presbyterian Medical Center, placing residents at the center of one of the nation's leading educational and medical districts. The property also offers convenient access to Lancaster Avenue's restaurants, neighborhood cafés, local shopping, Clark Park, public transportation, and Center City Philadelphia, making it an ideal location for both work and everyday living. Whether you're expanding a real estate portfolio, completing a 1031 exchange, or seeking a high-performing multifamily asset in one of Philadelphia's premier investment corridors, 4037 Powelton Avenue presents a rare opportunity to acquire a stabilized, income-producing property with modern construction, approximately seven years of remaining tax abatement, exceptional design, immediate stabilized cash flow, and exceptional long-term investment fundamentals in the heart of University City.
This charming Duplex offers a solid investment opportunity or Owner occupied - Live in One and rent out other unit. With a total finished area of 1,847 sq. ft. The property features durable brick and masonry construction, ensuring longevity and low maintenance costs. Inside, you'll find upgraded countertops that add a touch of modern elegance, making it appealing to potential renters or future buyers. The spacious layout is designed for comfort and functionality, with double-hung windows that invite natural light, creating a warm and inviting atmosphere. The absence of a fireplace allows for versatile use of space, while the well-appointed kitchen, equipped with a dishwasher, enhances convenience for everyday living. Parking is a breeze with an asphalt driveway accommodating up to two vehicles, a valuable feature. The manageable lot size means less upkeep, allowing investors to focus on maximizing rental income or property appreciation. Its strategic design and appealing features make it a prime candidate for generating consistent returns. Whether you're looking to expand your portfolio or enter the real estate market, this property offers a blend of comfort and investment potential that is hard to resist. Don't miss the chance to make this inviting space your next successful venture! Listing Agent has financial interest in Property.
An Exceptional Opportunity in a Prime Location! Tenant occupied, cash cow. This legally zoned duplex sits on a fantastic block, only a 7-minute walk to the Broad Street Line, and offers convenience to multiple neighborhoods such as Francisville, Fairmount, and Temple University. Enjoy easy access to top dining, shopping, and entertainment within walking distance. The first-floor unit, currently occupied until, offers two bedrooms, one bathroom, a private oversized backyard, a storage shed, and a full basement. Interior highlights include hardwood flooring, exposed brick, and a modern kitchen equipped with a full appliance package including a dishwasher. The second-floor apartment features a bright bi-level loft-style layout with two large bedrooms, two full bathrooms, skylights, exposed brick, hardwood floors, and generous living space. Both units include their own washer and dryer, central air, and separately metered, newer mechanicals. This property is truly turnkey seeking rental income. Schedule your showing today. Current rent is $1255 for the 1st floor and $1750 for the other unit
Welcome to 3509 W Clearfield St, a unique property offering a beautifully updated 3 bedroom, 2 full bath main home plus a separate duplex, giving you the opportunity to enjoy your own home while generating passive income from two additional units. Inside the main house, the first floor offers a flexible layout with two bedrooms, including one currently used as a home office. A small kitchenette and full bathroom on this level create the option for an in law suite or comfortable first floor living. Exposed brick, beams, recessed lighting, and an open layout add character throughout the space. Upstairs, the home opens into a spacious living area filled with natural light from a large skylight. The updated kitchen features white cabinetry, stainless steel appliances, plenty of counter space, a large center island with seating, and a walk in pantry. The kitchen flows directly into the living area, where a built in electric fireplace creates a natural gathering space. A separate laundry room with a stacked washer and dryer adds convenience. The primary bedroom is generously sized and features a ceiling fan and access to an updated full bathroom with a large tiled walk in shower, rainfall showerhead, double vanity, and patterned tile flooring. Modern black doors, fixtures, and railings tie the spaces together throughout the home. Outside, enjoy a large elevated deck and spacious rear area with plenty of room for relaxing, dining, or entertaining. The separate duplex includes a 1 bedroom unit and a 2 bedroom unit, each with its own kitchen, bathroom, and living space. With two income producing units already in place, this property offers the opportunity to live in the main house while rental income helps offset your monthly expenses. It also makes a great option for an investor looking for multiple income producing spaces in one property.
Opportunity awaits at 4517 Wilde Street, an income-producing duplex in the desirable Manayunk neighborhood. This two-story property features two one-bedroom, one-bath apartments, both currently occupied, providing established rental income with future potential for an owner-occupant interested in house hacking. The first-floor apartment features high ceilings, generously sized rooms and direct access to the basement with laundry and additional storage. Upstairs, the second unit offers a comfortable one-bedroom layout with good natural light. Utilities are separately metered with the exception of water, helping simplify management for the next owner. The property has been maintained as a rental and offers the opportunity to make improvements over time and add value. Location is a standout. Manayunk is known for its walkability, neighborhood energy and easy access to Main Street, with its restaurants, cafés, shops and nightlife. Nearby public transportation and regional rail, the Schuylkill River Trail and convenient access to major roadways make getting around Philadelphia easy while contributing to the neighborhood's strong rental appeal. With existing income, value-add potential and a sought-after Manayunk location, 4517 Wilde Street is a compelling multifamily opportunity.
DEVELOPMENT OPPORTUNITY! Mixed-Use CMX-2 Zoned building with major potential for 4–8 Apartments (2nd -3rd Floor) + 4 Commercial Spaces (1st floor). Great redevelopment opportunity for an investor or developer. Turn this underutilized property into a mixed-use income-producing asset!
Welcome to 1946 Rowan Street, a beautifully designed two-unit duplex offering turnkey quality and exceptional upside — ideal for an investor or a house hacker. The first-floor unit is a spacious 2-bedroom, 1-bathroom home with designer finishes throughout, in-unit laundry, and a kitchen featuring an island countertop and full stainless steel appliance set. It also includes access to a rear yard space and the full basement. Above, the bilevel unit is a generous 3-bedroom, 2-full-bathroom home with the square footage of some single-family homes in the area. The primary suite is a rare find in a duplex like this — a large bedroom opening into a spacious walk-in closet and through to a beautiful primary bathroom with a large soaking tub, double vanity, and top-of-the-line finishes. Best of all, the property comes with a FULL10-year tax abatement and extremely low property taxes to deliver a strong return from day one. Opportunities like this do not last long! Schedule your showing today! More photos coming soon. Agent has financial interest.
Legal Duplex in the heart of the popular Fox Chase neighborhood. Enjoy a community style development without an association fee! Each unit offers 1 parking place each, separate entrances and central air and stackable in unit laundry. Heading into unit 1 you will appreciate the open concept living, dining room space with updated engineered hardwood tile. The kitchen offers granite countertops, stainless steel appliances, ample cabinetry and room for more storage. There are two bedrooms, including a walk in closet in the primary bedroom and a hall tiled bath. Heading to the second floor you will be again greeted with an open concept living and dining room combo filled with natural light. On the main level there are two bedrooms and a hall bath with glass sliders, kitchen with cherry colored cabinets, granite countertops and stainless steel appliances. Enjoy the front balcony as a perfect place to relax and unwind. Heading up the spiral staircase you will enjoy the 2nd floor loft, a potential 3rd bedroom with skylights including a 2nd bathroom with shower. This property has been well maintained and is move in ready. Each unit is occupied and bringing in an annual income of over $28,000 per year. All showings will be by appointment only requiring 24 hours notice.
Now offering 3281 Red Lion Road: a duplex w/ a unit mix of two (2) 2bd/1ba units, w/ Unit 1 currently occupied by a long-term tenant paying $1,550/month (their lease ends in February) and Unit 2, which has just been leased for $1,700/month on a 12 month term (started 9/27/26). Unit 2 features in-unit washer and dryer, and a private outdoor balcony. Fully rehabbed just a year ago and move-in ready, the apartment boasts a stylish kitchen with granite countertops, brand-new stainless steel appliances, and white shaker cabinets. Enjoy all-new luxury vinyl plank flooring, recessed LED lighting, and two evenly sized bedrooms. Unit 1 is cosmetically outdated, relative to Unit 2, but is in great shape, has private backyard access. Right out front, there are two (2) dedicated parking spots- one for each unit. Using "back of the napkin" underwriting, if you conservatively set aside 25% of your gross income to cover expenses, this building is operating at a 6.5% cap rate. Schedule your tour today!
Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania has a population of 1,596,865. Philadelphia is less family-centric than the surrounding county with 21.3% of the households containing married families with children. The county average for households married with children is 21.3%.
The median household income in Philadelphia, Pennsylvania is $52,649. The median household income for the surrounding county is $52,649 compared to the national median of $69,021. The median age of people living in Philadelphia is 34.8 years.
The average high temperature in July is 87 degrees, with an average low temperature in January of 26 degrees. The average rainfall is approximately 47.2 inches per year, with 13.1 inches of snow per year.
