Description
Welcome to this fantastic investment opportunity in the heart of Philadelphia! This legally zoned residential property is currently being used as an ILLEGAL duplex and is earning $1850 a month for the upper level and $800 for the basement =$2,650 a month in income. The property was recently updated less than five years ago, so you can rest assured that it is in great condition.The key investment is already producing income, making it a smart choice for any savvy investor. The property comes with great standing tenants who would like to stay.Please note that the new owner will be responsible for changing the zoning and variances with the city of Philadelphia. The seller is offering the property in as-is condition, providing an excellent opportunity for a buyer to make their mark on this income-producing property. Don't miss out on this incredible chance to own a profitable investment in a prime location!
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6BEDS
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0.03ACRES
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2BATHS
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01/2 BATHS
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1,260SQFT
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$258$/SQFT
Description
Welcome to this fantastic investment opportunity in the heart of Philadelphia! This legally zoned residential property is currently being used as an ILLEGAL duplex and is earning $1850 a month for the upper level and $800 for the basement =$2,650 a month in income. The property was recently updated less than five years ago, so you can rest assured that it is in great condition.The key investment is already producing income, making it a smart choice for any savvy investor. The property comes with great standing tenants who would like to stay.Please note that the new owner will be responsible for changing the zoning and variances with the city of Philadelphia. The seller is offering the property in as-is condition, providing an excellent opportunity for a buyer to make their mark on this income-producing property. Don't miss out on this incredible chance to own a profitable investment in a prime location!
©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or JW Real Estate, LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-01-18T20:51:16.88.