4115-17 Brown St , PHILADELPHIA, PA 19104
PHILADELPHIA, PA 19104
Description
Nestled in the vibrant Belmont neighborhood of Philadelphia, this duplex offers a prime investment opportunity for those seeking a turnkey property in a thriving community. Renovated just a few years ago, this fully rehabbed duplex is in excellent condition, boasting modern finishes such as stainless steel appliances, hardwood-like flooring, tiled backsplashes, and in-unit laundry in both apartments. The building is currently 100% occupied, with Unit 1, a 2 bed, 2 bath, renting for $1,426/month, and Unit 2, a spacious 3 bed, 3 bath, renting for $1,910/month, bringing in a total annual rent of $40,032. The property also benefits from the tax abatement with a little over 5 years remaining. Each unit is generously sized and features contemporary appliances and fixtures. Furthermore, the inclusion of subsidized (PHA) rents in one or both units provides a stable and reliable income stream for investors. Belmont’s growing popularity among renters, combined with its potential for future appreciation, makes this property a smart, income-generating asset for investors looking to build long-term wealth through real estate.
Details
| MLS# | PAPH2467142 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | ACTIVE-BRIGHT |
| Year | 1915 |
| Days On Site | 16 |
| Listing Provided By | BHHS Fox & Roach-Center City Walnut | ERIC Andrew Dvotsky |
Features
| SQ Feet | 1,772 |
|---|---|
| Units | 2 |
| Zoning | CMX2 |
| Acreage | 0.04 |
| Water Front | Yes |
Market Activity 19104
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Learn More About This Property
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19104 |
| Area | 19104 (19104) |
| School District | THE SCHOOL DISTRICT OF PHILADELP |
| Listing VS Median (In 19104) | |
Price: $420,000 low | high Med: $2,819 SqFt: 1,772 low | high Med: 2,683 $ / SqFt: $237 low | high Med: $2 On site: 16 low | high Med: 13 | |