Presented By: Kurfiss Sotheby's International Realty
MLS# PAPH2514750
07/10/2025
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Beds • 4
Home Details
Welcome to 506 Master Street, a modern duplex in the Ludlow section of Kensington, directly across from Cruz Playground and just a short walk to the shops and restaurants along Girard Avenue. Built in 2015, this turnkey property offers a perfect opportunity for an owner-occupant to offset their mortgage with rental income while enjoying the benefits of a booming neighborhood with significant nearby development. The lower unit (905 sq ft) features 2 bedrooms, 1 full bath, and a private rear yard perfect for outdoor entertaining or gardening. The upper unit (1,050 sq ft) also offers 2 bedrooms and 1 full bath, with large windows flooding the space with natural light. Both units feature hardwood floors, spacious layouts, separate laundry, and updated finishes that make moving in or leasing seamless. Additional highlights include: solar panels on the roof for energy savings, separate utilities for each unit, delivered fully vacant for immediate rental or occupancy flexibility. Previously rented at $1,650/month for the upper unit with potential for $2,000/month+ in today's market and $1,450/month for the lower unit with potential for $1,800/month+. Whether youre looking to build wealth or expand your investment portfolio with a low-maintenance property, 506 Master Street offers the ideal blend of location, modern construction, and long-term upside in a rapidly developing area. Dont miss your chance to own a move-in-ready duplex across from a beautiful park in the heart of Kensington.
Presented By: Kurfiss Sotheby's International Realty
Interior Features for 506 W Master Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceEstimated
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
General for 506 W Master Street
AccessibilityNone
Architectural StyleTraditional
CityPHILADELPHIA
Construction MaterialsBrick, Metal Siding
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsOn Master between Randolph and 5th
DisclosuresAgent has Financial Interest, Agent Related to Owner
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