Welcome to 506 W. Thompson St, a beautifully maintained 3-bedroom, 2-bathroom home in the heart of Old Kensington one of Philadelphias most vibrant and rapidly growing neighborhoods. This charming property offers the perfect blend of modern comfort and historic character, with the best of city living right at your doorstep. Inside, you'll find a contemporary updated kitchen, spacious bedrooms, and sleek modern bathrooms. Just minutes from Northern Liberties, Fishtown, and Center City, youll enjoy easy access to some of the citys most popular cafes, restaurants, and shops. A great tenant is currently in place, paying $2,250/month, with a lease running through December 24, 2025. She would ideally like to stay through the end of the lease but may be open to relocating with sufficient notice making this an ideal opportunity for both investors and future homeowners. Benefit from 6 years remaining on the tax abatement, offering significant savings and peace of mind for years to come. Whether you're seeking a move-in-ready home or a smart investment in a thriving area, 506 W. Thompson St checks every box. Schedule your tour today and see everything this exceptional property has to offer.