3150 Emerald St, Philadelphia, PA 19134

Property Description

Classic one + one duplex located on a quiet block in Kensington. These units were renovated in 2022/23. The brick front was blasted + repointed, New heaters + central AC, new kitchens + baths, new drywall, trim, doors + paint. Each unit has separate gas + electric. Each unit has it's own washer + dryer. Full basement for storage + mechanicals. Two Bradford White electric hot water heaters. Huge backyard that is accessible via Unit 1 w/ breezeway access. Conveniently located close to public transportation, these units are always easy to rent + are very low maintenance. Unit 1 is leased at $900 month with an excellent tenant. Unit 2 was just vacated + previously leased for $1300. Low real estate taxes of $1,567, trash collection fee of $200 annually. Do the math on this one, you could be cash flowing monthly. It would be perfect for an owner occupant to live on the 2nd floor + collect the other unit's rent. There is nothing to do here but start collecting rent in an appreciating area.