Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1920
Sq.Footage
1,862
Investors - this is you don't want to miss! We've lowered the asking price on this cash-flowing Cobbs Creek duplex, and the numbers now exceed the 1% rule: collected rents represent 1% or more of the new sale price. That's day-one cash flow with room to grow. Both two-bedroom units are tenant-occupied and producing income now — no lease-up period, no vacancy risk out of the gate. While your tenants pay down the asset, you plan your next move. A rundown of the asset: The first-floor unit sits on a full-footprint unfinished basement with walk-out access — a blank canvas for additional storage, utility space, or a future value-add play. The second-floor unit was kitchen-renovated last year and features a large covered porch and an oversized dining/kitchen layout that tenants love. Location works for you too - bus lines at the door and Baltimore Ave trolley just blocks away means strong rental demand isn't going anywhere. Being sold AS-IS. Priced to move. The seller is motivated and the math is already working in your favor - this is the rare opportunity where the deal is done before you even close.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Above Grade Finished Area
1862.0
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Radiant
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
None
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.03
-
Lot Size(square feet)
1237.0
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Traditional
Price
-
Sales Price
$189,900
-
Tax Amount
$2,599
-
Sq. Footage
1, 862
-
Price/SqFt
$101
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
77
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Karmen N Fails , Common Ground Realtors
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AGENT
Jason Carbaugh
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