10014 Verree Rd, Philadelphia, PA 19116

Property Description

A rare find in Northeast Philadelphia — this well-maintained ranchplex (built as ranchplex) offers two self-contained 2-bedroom, 1-bath units, each with its own private deck, in-unit washer/dryer hookups, and fully separate utilities. Ideal for an investor seeking immediate cash flow or an owner-occupant looking to live in one unit while offsetting their mortgage with rental income from the other. Property Highlights: Two 2-bedroom, 1-bath units in a ranchplex configuration Private deck for each unit Washer/dryer hookup in each unit Separately metered utilities for both units First-floor unit is currently vacant, newly renovated and move-in ready Second-floor unit is scheduled to be vacant as of 9/30, offering a rare opportunity to acquire the entire property free of existing tenancy. Convenient Northeast Philadelphia location with easy access to major roadways, shopping, and dining. Investment Snapshot: Unit 1 (1st floor): Previously rented at $1,375/month plus water, gas, and utilities Unit 2 (2nd floor): Currently rented at $1,225/month plus water, gas and utilities. Strong rental history with long-term tenancy demonstrates consistent demand in the area With both units delivering vacant, buyers gain full flexibility — renovate and re-rent at market rate, occupy one unit and lease the other, or hold as a fully tenant-free investment. Schedule your showing today to see the potential this property offers.