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.
Property Type
Multi-FamilyCounty
PHILADELPHIAStyle
OtherAD ID
49253390
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Heating & Cooling
- Cooling: Central A/C
- Heating: 90% Forced Air
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1915
- Structure: Detached
- New Construction: No
- Total Units: 2
- Built: 1915
- Construction Material: Masonry
- Foundation/Basement: Slab
- Architecture: Other
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 1,639
- Dimensions: 28.00 x 58.00
- Lot Size (Acres): 0.04
- Architectural Style: Other
- Main Square Feet: 1,639
Property Information
- SQ ft: 1,772
- SQ ft (Living Area): 1,772
- Total Lot SQ ft: 1,639
- Appx. Lot Dimensions: 28.00 x 58.00
- Total Acreage: 0.04
- New Construction: No
- Type: Other
-
Listing Information
Listing Information
- Possession: 0-30 Days CD
- Days Of Market: 4
-
Taxes / Assessments
Tax Information
- Annual Tax: $5,902
- Tax Year: 2025
- Total Taxes Payment Frequency: Annually
Possession
- 0-30 Days CD
Assessment Information
- Taxes Assessment Amount: $412,600
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking Type: None
Homeowners Association Information
- Direction: use gps
-
School, Utilities & Location Details
School Information
- School District: THE SCHOOL DISTRICT OF PHILADELPHIA
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: Electric
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
Location Information
- Direction: use gps
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BuyOwner last updated this listing 04/18/2025 @ 21:06
- MLS: PAPH2467142
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 1,639 sized lot, and 0 parking. are nearby neighborhoods.