2431 S EDGEWOOD STREET, Philadelphia, PA 19142

  • $270,000
2431 S EDGEWOOD STREET, Philadelphia, PA 19142
Closed
2431 S EDGEWOOD STREET, Philadelphia, PA 19142
2431 S EDGEWOOD STREET, Philadelphia, PA 19142
  • $270,000

Overview

Property ID: PAPH2341370
  • Interior Row/Townhouse, Multi-Family
  • Property Type
  • 0.02
  • Lot Acres
  • 1925
  • Year Built

Description

Discover this meticulously renovated duplex in Southwest Philadelphia, perfectly suited for an owner-occupant seeking to enjoy one unit while reaping rental income from the other. This property offers a blend of modern updates and unique features, making it an attractive choice for homeowners and investors alike.

The first unit is a distinctive bi-level space, featuring a kitchen equipped with stainless steel appliances and natural stone countertops on the main floor, alongside a bedroom and a convenient powder room. There’s no traditional living room, which adds to the unit’s unique character and spacious feel. The basement level houses another bedroom, which benefits from a walkout to an expansive carport that can accommodate 2-3 cars, adding a valuable outdoor element and convenience to this unit.

The second unit on the second floor offers a one-bedroom layout with a separate living and kitchen area. The space is well-proportioned, providing a comfortable and inviting atmosphere. The bedroom is complemented by a full bathroom, located just outside, ensuring privacy and ease of use.

This duplex is not just a place to live, but also an investment opportunity. The potential rental income is attractive, with PHA data indicating rates up to $1,200 for a one-bedroom and $1,400 for a two-bedroom in this zip code. For an owner-occupant, this means the chance to offset mortgage payments significantly while enjoying a beautifully updated home.

The building is all electric with each unit having its own separate meter. Water is shared and the responsibility of the owner. Situated in a desirable Southwest Philadelphia neighborhood, the duplex is conveniently close to amenities, dining, and transportation, enhancing its appeal.

This property is ideal for those looking to have a unit for themselves and a unit that brings in money to help tackle the mortgage payment! Best of both worlds! This is what I can a win-win situation!

  • Address 2431 S EDGEWOOD STREET
  • City Philadelphia
  • State/county PA
  • Zip/Postal Code 19142
  • Area ELMWOOD PARK

Details

Updated on July 8, 2024 at 7:28 am
  • Property ID: PAPH2341370
  • Price: $270,000
  • Land Area: 0.02 Acres
  • Garage Size: x x
  • Year Built: 1925
  • Property Type: Interior Row/Townhouse, Multi-Family
  • Property Status: Closed

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

Contact Information

View Listings
Homes Trade Hub
  • Homes Trade Hub

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Similar Listings

**Property Disclaimer** The information we provide about this property is believed to be accurate to the best of our knowledge; however, it may change without notice. We are not liable for any mistakes, errors, or omissions in the information presented. We strongly recommend that you conduct your own research and verify all details independently to ensure accuracy. Your diligence in seeking correct information is essential before making any decisions. " Homes Trade Hub "

Compare listings

Compare
Homes Trade Hub
  • Homes Trade Hub