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Ryan Mullins

ryanpmullins1@gmail.com +1(302) 290-9535

Listed by Aaron Byles • KW Empower

$ 349,000

Est. payment | -/mo

1,600 SqFt

Save

$ 349,000

Est. payment | -/mo

Save

1,600 SqFt

Open House

Sun May 03, 1:00pm - 2:00pm

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $218

Subdivision Port Richmond

MLS Listing ID PAPH2602832

Style Side-by-Side

Abv Grd Liv Area 1,600

Year Built 1920

Annual Tax Amount $4,199

Tax Year 2026

Lot Size 1,670 Sqft

Acres 0.04

Lot Dimensions 31 x 54

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Rare turnkey legally zoned duplex with value add potential. Unique side by side multi-family property situated on a large 31x54 lot offering significant long-term potential. Located on a prime block of rapidly developing Port Richmond. It is one block from public transportation and offers easy access to I-95. Port Richmond has quickly become a hot spot for new restaurants, cafes, and development. Each unit currently features around 800 sq ft of living space, and a 2 bedroom 1 bath layout. Both units include hardwood floors throughout, central air, and two outdoor spaces (a back yard area, and a large gated front patio). All utilities, including water, are separately metered and paid by the tenants. Plenty of possibilities. Keep the current tenants, and enjoy the current cash flow. Make value-adding improvements and bring the rents to the top of the Port Richmond market. House hack, live in one unit and rent the other to offset costs. Low operating costs and easy maintenance make this investment a can't-miss opportunity for any investor.

Location

State PA

County Philadelphia

Area 19134 (19134)

Zoning RSA5

Rooms

Basement Full, Unfinished

Interior

Hot Water Natural Gas

Heating Heat Pump(s), Hot Water, Forced Air

Cooling Central A/C

Flooring Hardwood, Solid Hardwood

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Above Ground Finished SqFt 1600

Sewer Public Sewer

Water Public

Architectural Style Side-by-Side

Additional Building Above Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 251421210

Ownership Fee Simple

SqFt Source 1600

Special Listing Condition Standard

2963-65 CEDAR ST Philadelphia, PA 19134