UPDATED:
11/25/2024 06:25 PM
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,553 sqft
Price per Sqft $328
MLS Listing ID PAPH2419018
Style Other
Abv Grd Liv Area 2,553
Originating Board BRIGHT
Year Built 2009
Annual Tax Amount $8,682
Tax Year 2024
Lot Size 1,120 Sqft
Acres 0.03
Lot Dimensions 16.00 x 70.00
Property Description
Located in the heart of the highly sought-after Graduate Neighborhood, this exceptional duplex offers both outstanding rental income potential and a fantastic opportunity for an owner-occupant to live in one unit while enjoying rental income from the other. With two fully-occupied units, this property is a turnkey investment with tenants paying all utilities, making it an ideal addition to any portfolio or a great option for those seeking a low-maintenance home with income support.
Property Highlights:
Two Separate Units:
Lower Unit: A spacious 3-bedroom, 2 ½-bath apartment featuring large, open living areas with plenty of natural light, a well-appointed kitchen, and the exclusive use of a large yard. The outdoor space is perfect for container gardening, grilling, or simply relaxing.
Upper Unit: This 3-bedroom, 2 ½-bath unit offers an expansive layout with modern finishes and a private balcony deck off the second-floor bedroom, perfect for enjoying views of the surrounding neighborhood or morning coffee.
Separate Entrances & Private Amenities: Both units feature their own full-sized laundry rooms, offering the convenience and privacy of in-unit laundry. The layout is perfect for single-family living or shared rental arrangements.
Strong Market Rents & Low Maintenance: Both units are currently occupied by reliable tenants, providing a steady stream of rental income. The tenants cover all utility costs, making the property even more attractive for investors.
Prime Location in the Graduate Neighborhood:
Just 1 block from Washington Avenue and 5 blocks from South Street, this property is ideally situated between two vibrant commercial corridors, offering unparalleled access to trendy retail shops, diverse dining options, and entertainment.
Walkable to Essential Amenities: Enjoy convenient access to independent retailers like Loop Yarn, Jinxed South Philly, and Workshop Underground, as well as gyms such as City Fitness and Open Box Athletics.
Café Culture & Dining: Indulge in local favorites like Ants Pants Café, Ultimo Coffee, and the Small Oven Bakery. Dining options are plentiful with nearby hotspots such as Tio Flores, Loco Pez, and Rex at the Royale.
Supermarket Convenience: Choose from South Square, Giant Heirloom, or Sprouts Markets – all within a few blocks, making grocery shopping a breeze.
Easy Access to Major Employment Hubs: This location is perfect for anyone working at Penn, CHOP, Drexel, Jefferson, or within Rittenhouse Square and the dynamic Center City core. Public transit options are plentiful, and the area's walkability makes commuting easy and convenient.
This duplex offers the best of both worlds – a solid income-generating investment property with the potential for long-term growth, or an ideal live-in situation where the rental income from the second unit can help offset your mortgage. Don't miss your chance to own a piece of this vibrant and ever-growing neighborhood. Schedule your showing today and see why Graduate is one of Philly’s most exciting places to live!
Location
State PA
County Philadelphia
Area 19146 (19146)
Zoning RM1
Rooms
Basement Full
Interior
Interior Features Sprinkler System
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Wood
Fireplace N
Window Features Energy Efficient,Replacement
Heat Source Natural Gas, Electric
Exterior
Utilities Available Cable TV Available
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 301235040
Ownership Fee Simple
SqFt Source Assessor
Security Features Security System
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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