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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(s):
Multi Family
| Last Updated | 4/8/2025 | Year Built | 1915 |
|---|---|---|---|
| Community | 19104 (19104) | County | PHILADELPHIA |
SCHOOLS
| School District | THE SCHOOL DISTRICT OF PHILADELPHIA |
|---|
Additional Details
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | 19104 (19104) |
| HEAT | Forced Air, Natural Gas |
| LOT | 1742 sq ft |
| LOT DIMENSIONS | 28.00 x 58.00 |
| PARKING | None |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STYLE | Other |
| TAXES | 5902 |
| WATER | Public |
Location
Listing provided by BHHS Fox & Roach-Center City Walnut
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Keller Williams participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Keller Williams are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
2025 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 4/17/25 3:34 AM PDT
This IDX solution is (c) Diverse Solutions 2025.
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