533 Gerhard St, Philadelphia, PA 19128

$449,000
: 2,189
SqFt

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List Price: $449,000
Status: ACTIVE
MLS#: PAPH2680462
Subtype: Multi-Family
Style: Straight Thru, Traditional
Year Built: 1950
Living Area: 2,189
Lot Size: 3,125
Acres: 0.07
Subdivision: Roxborough
MLS Area Major: 19128 (19128)

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Property Description

Opportunity awaits with this Roxborough duplex on Gerhard! Whether you’re looking to expand your investment portfolio or live in one unit while generating rental income from the other, this duplex offers flexibility and potential in the desirable Roxborough neighborhood. The first-floor unit features 2 bedrooms, 2 full bathrooms, in-unit laundry, and access to the basement for additional storage. This unit is currently tenant-occupied with a lease in place until 10/2027, providing an established rental income stream from day one. The second-floor unit is vacant and offers 2 bedrooms and 1 full bathroom, as well as in unity laundry, presenting an excellent opportunity for an owner-occupant or an investor to secure a new tenant at current market rates. Both units share access to a fenced-in backyard, offering valuable outdoor space for residents to enjoy. Plenty of street parking adds to the convenience. Don't miss the opportunity to make this versatile property your next investment!

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Additional Information

Taxes: $7,759
Property Description: Straight Thru, Traditional
Zoning: RSA5
Heating: Hot Water
Air Conditioning: Window/Wall
Roof: Flat
Foundation: Stone
School District: Philadelphia City