***Cash Flowing Duplex - $3500/Month from 1st Unit, 2nd Unit for Live-In or Rent*** Current Cash Flow: The first unit is already generating $3,500 per month in rental income. The second unit can be rented for additional revenue or lived in, giving you flexibility and immediate returns. Property Highlights: 10-Year… Read More Tax Abatement until 2033, reducing tax costs and increasing your returns Proven rental history with over $6,000/month potential across both units Location: Located in the heart of Olde Kensington, just a 4-minute walk from popular spots like Luna Cafe, Human Robot, and Sutton's Bar - perfect for socializing and enjoying the neighborhood. Only a 15-minute walk to the main corridor of Fishtown, offering easy access to trendy restaurants, shops, and entertainment. Unit 1 (4 Bed, 3 Bath): Already generating $3,500/month in rent Fully furnished Lease in place for the upcoming year, ensuring steady cash flow Unit 2 (3 Bed, 3 Bath): Potential to rent for additional income or occupy as an owner Designed with comfort and modern aesthetics in mind Shared Backyard: Expansive, fenced-in backyard shared by both units Currently furnished and perfect for entertaining or relaxing Interior Features: Elegant European-style shaker cabinets Modern stainless steel appliances Luxurious custom bathrooms with high-end finishes High-quality flooring throughout Take advantage of this already cash-flowing duplex and seize a prime investment opportunity in Olde Kensington! Read Less
Courtesy of Jarred Cury, Iron Valley Real Estate of Lehigh Valley, [email protected].
Listing Snapshot
Days Online
61
Last Updated
Property Type
Townhouse
Square Ft.
2,700
Lot Size
0.03 Acres
Year Built
1952
MLS Number
PAPH2470604
30 Days Snapshot Of 19122
$413k
+5%
(avg) sold price
10
-41%
homes sold
68
+88%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Full
Building
2,700 sqft living area, Built in 1952, Major renovation in 2023, Structure Type: Interior Row/Townhouse, 2 units in building, Contemporary, Masonry
Cooling
Central Air, Electric, Central A/C
Foundation
Concrete Perimeter
Heating
Natural Gas, 90% Forced Air
Lot
1,486 sqft, Lot Size Dimensions: 17.00 x 87.00, 0.03 acres
Property
Other Structures: Above Grade, Below Grade, Other Units: Unit 1, Unit 2
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