Presenting a fantastic turnkey investment opportunity in the highly sought-after Mayfair neighborhood of Philadelphia! This fully occupied duplex offers steady rental income with two well-maintained 1 bed 1 bath units. The 1st-floor unit rents for $1300/mo lease ending Oct 2026, and 2nd-floor unit rents for $1,000/mo with the lease ending Sep 2026. There is also a finished basement with a separate street-level entrance, providing potential for a conversion into a triplex by adding a kitchenette, shower and separating the electrical (seller is offering $4000 credit for this to be done). The first-floor unit includes hardwood flooring, a spacious living room, a primary bedroom, full bath with ceramic tile, and an updated kitchen with oak cabinetry and newer appliances. The second-floor unit mirrors the first, with wall-to-wall carpeting, full bath, a large bedroom, and kitchen. The finished basement contains a half bath, separate rooms, a laundry area, and access to a rear fenced-in yard. This property presents a great investment.
MLS# | PAPH2464474 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | ACTIVE-BRIGHT |
Year | 1947 |
Days On Site | 18 |
Listing Provided By | SERHANT PENNSYLVANIA LLC | Heather Ann Bonato |
SQ Feet | 1,520 |
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Units | 2 |
Zoning | RM1 |
Acreage | 0.05 |
Water Front | Yes |
State | PA |
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County | PHILADELPHIA PA |
City | PHILADELPHIA |
Zip Code | 19149 |
Area | 19149 (19149) |
School District | THE SCHOOL DISTRICT OF PHILADELP |
Listing VS Median (In 19149) | |
Price: $334,000 low | high Med: $254,000 SqFt: 1,520 low | high Med: 1,127 $ / SqFt: $220 low | high Med: $226 On site: 18 low | high Med: 116.500000 |