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ActivePhiladelphia, PA, 19140
Whether you're an experienced investor looking to expand your portfolio or a future owner-occupant seeking to build wealth through real estate, this fully occupied duplex presents an outstanding opportunity to generate income from day one. Located in Hunting Park section of Philadelphia, this income-producing property features two residential units and is currently generating a gross monthly rent roll of $2,150, providing immediate cash flow upon acquisition. The recently renovated three-bedroom unit adds significant appeal for both investors and future owner-occupants. For buyers looking to house hack, the property offers the flexibility to occupy one unit in the future while continuing to collect rental income from the other, helping offset mortgage payments and operating expenses. Investors will appreciate the property's stable occupancy, existing income stream, and potential for future rent growth. The duplex layout provides two separate revenue sources while reducing the financial impact of a vacancy. This property offers a unique opportunity for both investors seeking a turnkey rental asset and owner-occupants looking to leverage rental income to build long-term wealth. With stable tenants, immediate cash flow, and a desirable unit mix, this duplex is well-positioned to be a strong addition to any real estate portfolio. With $2,021 in property taxes and $1,000 in water expenses, this property boasts an 11% cap rate. Schedule your showing today and explore the potential this income-producing property has to offer.
Listed by: Otis Jackson, Rentwell Lease Manage Maintain
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