This isn't just a building; it's a stabilized, income-producing asset perfectly positioned for immediate value creation. Located in a high-demand South Philadelphia neighborhood, this two-unit duplex offers a low-risk entry point for both new and seasoned investors seeking immediate cash flow paired with significant potential for capital appreciation.
The property is currently 100% occupied by long-tenured, reliable tenants on month-to-month leases. This arrangement minimizes turnover costs and vacancy risk, providing a robust income stream from day one of ownership. This stability allows the new owner to focus immediately on the property's primary value proposition: rental rate correction.
Presented By: Legal Real Estate LLC
Interior Features for 2213 Wharton Street
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceAssessor
Central Air Y/NYes
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 2213 Wharton Street
Acceptable FinancingFHA, Cash, Conventional, FHA 203(b), VA
Accessibility36 + wide Halls
Architectural StyleTraditional
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsBroad St to Washington Ave, Washington to 23rd St., left on 23rd, left on Wharton to property.
Garage Y/NNo
HeatingBaseboard - Electric
Home Warranty Y/NNo
Living Area1068
Lot Size Square Feet742.00
Lot Size UnitsSquare Feet
MLS Area19146 (19146)
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total1
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG299.63
Property SubtypeDuplex
Property TypeMulti-Family
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Subdivision NameGRAYS FERRY
Tax Annual Amount2693.0
Tax Assessed Value192400.0
Tax Lot244
Tax Year2025
Total SQFT1068
TransportationAirport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile
By clicking on login buttons you are agreeing to our
terms of use and giving us expressed written consent to contact you
Thank you for registering.
Are you currently working with one of these agents?
Ask A Question
By clicking on login buttons you are agreeing to our
terms of use and giving us expressed written consent to contact you
Get Pre-Approved Now!
Give yourself a better position in the competitive home buying market.
Complete the form to get started on your journey to purchase your dream home.
Our lending partner has a wide variety of lending options available and advanced mortgage technology.
As a result, our lending partner's clients enjoy a flawless experience through impeccable execution and timely communication throughout the process.