2213 W Wharton St, Philadelphia, PA 19146

$280,000
1,068
SqFt

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List Price
$280,000
Days on Market
160
Status
ACTIVE
MLS#
PAPH2601034
Living Area
1,068
Lot Size (Acres)
0.02
Style
Traditional
Year Built
1923
County
Philadelphia
School District
Philadelphia City

Property Description

This isn't just a building; it's a stabilized, income-producing asset perfectly positioned for immediate value creation. Located in a high-demand South Philadelphia neighborhood, this two-unit duplex offers a low-risk entry point for both new and seasoned investors seeking immediate cash flow paired with significant potential for capital appreciation. ​The property is currently 100% occupied by long-tenured, reliable tenants on month-to-month leases. This arrangement minimizes turnover costs and vacancy risk, providing a robust income stream from day one of ownership. This stability allows the new owner to focus immediately on the property's primary value proposition: rental rate correction.

Additional Information

Area
19146 (19146)
Taxes
$2693
School District
Philadelphia City
Heating
Baseboard - Electric
Heating Fuel
Electric
Cooling
Central A/C
Utilities
Electric Available
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Legal Real Estate LLC. Contact: 2159659700