2431 S Edgewood Street
Philadelphia,
PA
19142
Property Details
| List Price: |
$264,900 |
| Beds: |
-- |
| Baths: |
-- |
| Status: |
Active |
SqFt: |
960 |
| Agency: |
United Real Estate |
Description/Comments
| Lot Size: |
-- |
| Property Type: |
MultiFamily |
| Year Built: |
1925 |
| Notes: |
Discover this meticulously renovated duplex in Southwest Philadelphia, perfectly suited for an owner-occupant seeking to enjoy one unit while reaping rental income from the other. This property offers a blend of modern updates and unique features, making it an attractive choice for homeowners and investors alike.<br />
<br />
The first unit is a distinctive bi-level space, featuring a kitchen equipped with stainless steel appliances and natural stone countertops on the main floor, alongside a bedroom and a convenient powder room. There's no traditional living room, which adds to the unit's unique character and spacious feel. The basement level houses another bedroom, which benefits from a walkout to an expansive carport that can accommodate 2-3 cars, adding a valuable outdoor element and convenience to this unit.<br />
<br />
The second unit on the second floor offers a one-bedroom layout with a separate living and kitchen area. The space is well-proportioned, providing a comfortable and inviting atmosphere. The bedroom is complemented by a full bathroom, located just outside, ensuring privacy and ease of use.<br />
<br />
This duplex is not just a place to live, but also an investment opportunity. The potential rental income is attractive, with PHA data indicating rates up to $1,200 for a one-bedroom and $1,400 for a two-bedroom in this zip code. For an owner-occupant, this means the chance to offset mortgage payments significantly while enjoying a beautifully updated home.<br />
<br />
The building is all electric with each unit having its own separate meter. Water is shared and the responsibility of the owner. Situated in a desirable Southwest Philadelphia neighborhood, the duplex is conveniently close to amenities, dining, and transportation, enhancing its appeal.<br />
<br />
This property is ideal for those looking to have a unit for themselves and a unit that brings in money to help tackle the mortgage payment! Best of both worlds! This is what I can a win-win situation! |
| MlsNumber: |
PAPH2341370 |
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| Listing Provided By: |
United Real Estate, original listing |
| Name: |
United Real Estate |
| Phone: |
(484) 367-7727 |
| Office Name: |
United Real Estate |
| Office Phone: |
(484) 367-7727 |
| Agent Name: |
Ugochukwu U Opara |
| Disclaimer: |
Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |
