SQUARE FEET960
MLS#PAPH2538942
STATUSACTIVE UNDER CONTRACT
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONELMWOOD PARK
SCHOOLPHILADELPHIA CITY
Property Description
Price Improvement! Move in- ready vacant legally zoned duplex offering an excellent investment or owner-occupant opportunity. Both units are fully updated with upgraded kitchens, baths, flooring and stainless steel appliances. Featuring a 1-bed, 1-bath unit on the first floor which includes a sizable basement with projected rents $900/month. Second floor gets great natural light and consists of 2-bed, 1 bath with projected rents $1100/month. Monthly Income up to $2000/month. Annual Gross Income up to $24,000. With 20% down and estimated all in payments between $1400-1450 this property stands out as a true house hack and a strong entry-level investment with immediate cash flow potential. This property is ideal for: Buy-and-hold investors seeking steady cash flow with upside or Owner-occupants looking to live in one unit while renting the other. Conveniently located in a high-demand area in close proximity to major highways I-95 and I-76 and public transit. For owner occupants, the rental income from one unit can significantly offset your mortgage or living expenses. Live in one unit and rent the other or rent both and start collecting returns to maximize potential.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partial
Cooling: Ceiling Fan(s), Window Unit(s)
Fuel Type: Electric, Natural Gas
Heating: Baseboard - Electric, Other
Home Style: Straight Thru
Lot Size: 0.03 Acres
Taxes: $2,137
Year Built: 1925
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Appliances: Stainless Steel Appliances
Exterior: Masonry, Brick
Lot Dimensions: 0.03 Acre(S)
Municipality: PHILADELPHIA
Number of Rooms: 3
One Bedroom Units: 1
Sewer: Public Sewer
Structure Type: Interior Row/Townhouse
Two Bedroom Units: 1
Units: 2
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: Real of Pennsylvania
Agency Phone: 8554500442
Shown By
Agent Name: Rich Vangel
Agent Phone: (717) 870-0483
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First AmericanEstimate Your Payment
Estimated Payment
$ 731.62 per month $489.40 Principal & Interest $178.08 Property Tax $64.14 Homeowner's Insurance
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
2656 S Shields Street | MLS# PAPH2538942
This multi-family property located at 2656 S Shields Street, Philadelphia, PA 19142 is currently listed for sale with an asking price of $219,900. S Shields Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.makeitofficialwithrich.com today.