Investor duplex opportunity in Northeast Philadelphia with an active rental license and both units delivered vacant, offering full control at acquisition. Legal duplex configured as two 1-bedroom units with strong value-add potential. Based on market comparables, projected rents of approximately $1,050 per unit provide an attractive upside for investors seeking repositioning opportunities. Solid brick construction on a CMX-2 zoned lot with potential for future flexibility. Property requires renovation and is priced accordingly. No tenant relocation required. Sold strictly as-is. Buyer responsible for U&O, inspections, and verification of zoning, unit count, and licenses. Convenient location near Roosevelt Boulevard, shopping, and public transportation. Pro forma and rental comps available upon request.
| MLS # | PAPH2609948 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1935 |
| Days On Site | 155 |
| Listing Provided By | ISS Realty, LLC | Warren F. Nelson |
| SQ Feet | 2,100 |
|---|---|
| Units | 2 |
| Zoning | CMX2 |
| Acreage | 0.11 |
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Forced Air |
| Construction Materials | Masonry |
|---|---|
| Foundation Details | Brick/Mortar |
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 3472 |
|---|
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19124 |
| Area | 19124 (19124) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19124) | |
Price: $290,000 low | high Med: $185,232 sqft: 2,100 low | high Med: 974 $ / sqft: $138 low | high Med: $191 On site: 155 low | high Med: 43.5 | |
| State | PA |
|---|---|
| County | PHILADELPHIA PA |
| City | PHILADELPHIA |
| Zip Code | 19124 |
| Area | 19124 (19124) |
| School District | PHILADELPHIA CITY |
| Listing VS Median (in 19124) | |
Price: $290,000 low | high Med: $185,232 sqft: 2,100 low | high Med: 974 $ / sqft: $138 low | high Med: $191 On site: 155 low | high Med: 43.5 | |