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Philadelphia,PA 19135
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,670 sqft
Price per Sqft $173
Subdivision Mayfair
MLS Listing ID PAPH2522516
Style Straight Thru
Abv Grd Liv Area 1,670
Year Built 1950
Annual Tax Amount $4,065
Tax Year 2024
Lot Size 1,758 Sqft
Acres 0.04
Lot Dimensions 16.00 x 112.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Well maintained Duplex in the heart of Mayfair, located close to all area bridges to NJ, I-95, Route 1, the PA Turnpike and 15 minutes from Downtown Philadelphia.
1st floor is an impeccably maintained 1 bed 1 bath with a large kitchen, living room and clean/painted basement. The 1st floor has a private rear patio which leads down to the rear parking area. The kitchen was updated in 2020, bathroom was remodeled in August 2024 which included a new toilet, tub/shower surround, tile floor and paint. Heat is provided by Radiator heat in all rooms which is incredibly efficient and keeps the entire unit warm in the winter. 1st floor tenant pays gas and electric. The large basement has enough room to be converted to a 2nd bedroom if desired for a substantial rent increase, it has hook-ups for a toilet, shower and sink. The basement also houses a washer and dryer for the first-floor unit. Newer rugs were also installed throughout in 2022. Current Tenant is very clean, friendly, and always on-time with rent. The 2nd Floor Apartment is all electric with baseboard heat in all rooms as well as an electric stove, electric hot water heater and electric washer/dryer. 2nd floor bathroom was recently remodeled from the pipes up in 2024. Very large and open bathroom with skylight as well the second-floor unit's Washer/Dryer. Newer carpets were installed in 2022, including the steps leading up to the second-floor unit. 2nd floor tenant is very clean, friendly and always ahead on rent. Both tenants are looking to stay.
Drains were just scoped from rear driveway to front curb to ensure no blockage or roots have compromised the system. New curb stop installed in 2018 along with new main shut-off in basement. Complete Roof Service including a new Skylight, some coping fixed around the edges and New Silver coat on roof was just applied in July 2025. Newer concrete patio out front was just poured in June of 2024. There is also a Tenant in the garage that keeps tools and personal belongings there for additional rental income. He is a long-term tenant that has been with the property for over 12 years and also looking to stay. Rents are currently below average at $850/1st FL, $800/2nd FL and $175/Garage. There is an opportunity for a substantial rent increase as the current market rates should be around $1250 (first), $1100 (second), $300 (garage). An additional bedroom in the basement would bump 1st floor rent to around $1450. This is a turn-Key property 100% occupied and ready to start making money. Take a look today!
Location
State PA
County Philadelphia
Area 19135 (19135)
Zoning RSA5
Interior
Hot Water Natural Gas,Electric
Heating Baseboard - Hot Water,Baseboard - Electric
Cooling Window Unit(s)
Fireplace N
Heat Source Electric,Natural Gas
Exterior
Parking Features Garage - Rear Entry
Garage Spaces 1.0
Water Access N
Accessibility None
Attached Garage 1
Total Parking Spaces 1
Garage Y
Building
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 412079300
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA
Financing Cash,Conventional,FHA
Special Listing Condition Standard