2,000 SqFt
2,000 SqFt
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $124
MLS Listing ID PAPH2525778
Style Colonial
Abv Grd Liv Area 2,000
Year Built 1925
Annual Tax Amount $4,337
Tax Year 2025
Lot Size 4,186 Sqft
Acres 0.1
Lot Dimensions 46.00 x 91.00
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
Excellent cash-flowing investment! This fully occupied legal multifamily duplex features two income-producing units with guaranteed Section 8 rental payments, offering immediate and stable returns. Plus, half of the basement presents a great opportunity to add a third unit - studio apartment which will maximize your ROI.
Property Overview:
Total Gross Monthly Income: $2,300
Section 8 Approved – Reliable, on-time payments
Well-Maintained Building
Separate Entrances for Each Unit
Basement with Studio Conversion Potential
Unit Breakdown:
1st Floor Unit:
2 Bedrooms, 1 Bathroom
Spacious living area and eat-in kitchen
Well-maintained with stable tenant in place
2nd Floor (3FL including) Unit:
4 Bedrooms, 1 Bathroom
Ideal for larger families
Bright, open layout with generous space and solid rental history
A lot of parking space around the property!
This property is perfect for both seasoned and first-time investors seeking reliable cash flow with value-add potential. Reach out today to schedule a showing or request a full rent roll and expense sheet.
Location
State PA
County Philadelphia
Area 19141 (19141)
Zoning RSA5
Interior
Hot Water Electric
Heating Hot Water
Cooling Ceiling Fan(s), Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility 2+ Access Exits
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 172125300
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
21 Belle Mead Griggstown Road Suite 107, Belle Mead, NJ, 08502, USA