Philadelphia, PA 19134
$240,000
Classic one + one duplex located on a quiet block in Kensington. These units were renovated in 2022/23. The brick front was blasted + repointed, New heaters + central AC, new kitchens + baths, new drywall, trim, doors + paint. Each unit has separate gas + electric. Each unit has it's own washer + dryer. Full basement for storage + mechanicals. Two Bradford White electric hot water heaters. Huge backyard that is accessible via Unit 1 w/ breezeway access. Conveniently located close to public transportation, these units are always easy to rent + are very low maintenance. Unit 1 is leased at $900 month with an excellent tenant. Unit 2 was just vacated + previously leased for $1300. Low real estate taxes of $1,567, trash collection fee of $200 annually. Do the math on this one, you could be cash flowing monthly. It would be perfect for an owner occupant to live on the 2nd floor + collect the other unit's rent. There is nothing to do here but start collecting rent in an appreciating area.
Questions on 3150 EMERALD ST, Philadelphia, PA 19134, or want to see it in person?
Listed by Ryan F Gallagher, RE/MAX Access