BEDS0
BATHS
SQUARE FEET2,074
MLS#PAPH2601228
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SCHOOLPHILADELPHIA CITY
Property Description
Well-maintained detached duplex investment opportunity in the Rhawnhurst section of Northeast Philadelphia, offering immediate cash flow with clear upside potential. This two-unit property features (2) spacious 2-bedroom / 1-bath layouts, totaling approximately 2,074 SF on a 3,373 SF lot, with durable brick construction. The property is 100% occupied, generating $2,450/month in current gross rent. One unit is leased through May 31, 2027, providing income stability, while the second unit is month-to-month, creating a near-term opportunity to adjust rents to market. Based on current market conditions, comparable two-bedroom units in the immediate area are achieving higher rental rates, presenting a mark-to-market opportunity for increased income. This makes the property well-suited for investors seeking a balance of in-place cash flow and future growth. Located in a stable, demand-driven rental corridor with convenient access to Castor Avenue, Roosevelt Boulevard, shopping, and public transportation. The detached layout offers added tenant appeal and operational simplicity. Zoned RSA3. Annual taxes approximately $5,217. Property is not located in a flood hazard area. Ideal for investors or owner-occupants looking to offset expenses with rental income. Offered at $448,000.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Ceiling Fan(s)
Fuel Type: Natural Gas
Heating: Baseboard - Hot Water
Lot Size: 0.08 Acres
Taxes: $5,217
Year Built: 1960
Feature Descriptions
Additional Structures: Above Grade, Below Grade
Days on Site: 4
Exterior: Masonry
Lot Dimensions: 0.08 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Structure Type: Detached
Two Bedroom Units: 2
Units: 2
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: J G McSherry LLC
Agency Phone: 2157454200
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 1,562.47 per month $997.05 Principal & Interest $434.75 Property Tax $130.67 Homeowner's InsuranceChange Payment Information
7916 Loretto Avenue | MLS# PAPH2601228
This multi-family property located at 7916 Loretto Avenue, Philadelphia, PA 19111 is currently listed for sale with an asking price of $448,000. Loretto Avenue is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.realtymark.net today.