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4418 Market Street,  Philadelphia PA, 19104

(Active)
$400,000
|
2 beds, 1,280 sqft
|
MLS# PAPH2332058
Last Updated: 6/9/2024 8:58 PM
Description for 4418 Market Street Philadelphia, PA 19104
Welcome to your opportunity to own a prime slice of West Philadelphia real estate! This charming 2005 duplex is nestled in a coveted location, perfect for savvy investors or owner occupants looking to offset mortgage costs. With two separate UPDATED units, a 1 bedroom (great for an owner) and a 2 bedroom, this duplex offers versatility and income potential. Each unit features hard wood floors, newer appliance, ample sunlight and easy access to center city or the suburbs. The layout is designed for both comfort and functionality, providing an inviting space for residents. The property's prime location ensures easy access to an array of amenities, including shops, restaurants, parks, and public transportation options. Whether you're strolling through the vibrant streets of West Philly or commuting to downtown, convenience is at your doorstep. Investors will appreciate the opportunity for rental income in this highly sought-after area, while owner occupants can enjoy the benefits of living in one unit while renting out the other to help cover expenses. Rents for 1 bedrooms in the area easily clear $1300 and for 2 bedrooms $1800+ which puts the estimated cap rate at an attractive 7.5%+ There is also a MASSIVE apartment complex expected to be build on the corner a few doors down, which is sure to increase rents/rentability of the units. Don't miss out on this chance to own a piece of West Philadelphia's thriving real estate market. Schedule a viewing today and seize the opportunity to make this duplex your own!
Price
$400,000
PHILADELPHIA
2
1,280 (approx)
PAPH2332058
Active
Description
Welcome to your opportunity to own a prime slice of West Philadelphia real estate! This charming 2005 duplex is nestled in a coveted location, perfect for savvy investors or owner occupants looking to offset mortgage costs. With two separate UPDATED units, a 1 bedroom (great for an owner) and a 2 bedroom, this duplex offers versatility and income potential. Each unit features hard wood floors, newer appliance, ample sunlight and easy access to center city or the suburbs. The layout is designed for both comfort and functionality, providing an inviting space for residents. The property's prime location ensures easy access to an array of amenities, including shops, restaurants, parks, and public transportation options. Whether you're strolling through the vibrant streets of West Philly or commuting to downtown, convenience is at your doorstep. Investors will appreciate the opportunity for rental income in this highly sought-after area, while owner occupants can enjoy the benefits of living in one unit while renting out the other to help cover expenses. Rents for 1 bedrooms in the area easily clear $1300 and for 2 bedrooms $1800+ which puts the estimated cap rate at an attractive 7.5%+ There is also a MASSIVE apartment complex expected to be build on the corner a few doors down, which is sure to increase rents/rentability of the units. Don't miss out on this chance to own a piece of West Philadelphia's thriving real estate market. Schedule a viewing today and seize the opportunity to make this duplex your own!
Listing Information
Property Type: Duplex, Multi-Family, Other
2 0.05 Acres 1,280 (approx)
2005
Public
Public Sewer
Neighborhood
School Information
District: THE SCHOOL DISTRICT OF PHILADELPHIA
Room Information
Interior Features
Hardwood
Ceiling Fan(s)
Gas Heat, Hot Water
Exterior / Lot Features
Off Street
Driving Directions
On Market next to Tire Shop
Financial Considerations
272003900
$1,731
Listing Price History

Philadelphia Real Estate

Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania 19104 has a population of 1,615,184.

The median household income in Philadelphia, Pennsylvania 19104 is $44,759. The median household income for the surrounding county is $50,724 compared to the national median of $66,222. The median age of people living in Philadelphia 19104 is 37 years.

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Courtesy: KW Empower
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 6/9/2024 8:58 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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