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New ListingPhiladelphia, PA, 19121
Fully rented duplex near Temple University offering immediate rental income and strong investment potential. Both units are currently leased at $2,400 per month each, providing $4,800 in monthly rental income, or $57,600 annually. At the asking price of $520,000, the property offers an approximate 11.1% gross rental yield. Built in 2011, this well-maintained duplex features hardwood floors, newer HVAC systems, off-street parking for two vehicles, and a private rear patio. The full unfinished basement offers approximately 7–8 ft ceilings and additional potential for storage or future finished space, subject to applicable zoning, permitting, and approvals. Conveniently located near Temple University's campus and public transportation, this property offers an attractive opportunity for investors seeking an established rental property with tenants already in place. Buyer to independently verify all rental, zoning, permitting, and development information.
Listed by: Paurav Patel, Keller Williams Real Estate-Blue Bell
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