Located on a desirable corner lot in the heart of Point Breeze, this well-maintained, fully rented two-family duplex presents an excellent investment opportunity in one of Philadelphias hottest neighborhoods.
Rents in the neighborhood for 2 bedrooms going upwards of $1800 and one bedrooms for upwards of $1600. The property is a two-story building with separate entrances and individual heating, hot water, and electric systems for each unit, making management efficient and straightforward.
The first-floor apartment features a spacious front bedroom with high ceilings, a large living area, a breakfast counter, and a refrigerator.
The 2nd unit features 2 bedroooms and an additional room which is usually configured as the living room, but also could be an ideal roommate situation. Tenants also enjoy direct access to a small garage (which could also be rented out for additional income) and the basement, which includes storage space and a laundry area with a washer and dryer. The second-floor unit offers a private entrance, an eat-in kitchen with a refrigerator, two comfortable bedrooms, a bright living room, and access to a small rooftop area.
With some sprucing the 2nd floor outdoor porch could be an excellent feature for atrracting tenants.
With a Walk Score of 87 and a Bike Score of 96, this location is both very walk-able and a bikers paradise, with convenient access to public transportation and local amenities. Whether you're a seasoned investor or just entering the market, this fully occupied duplex offers strong rental income potential and long-term value in a vibrant, rapidly growing neighborhood.
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