4922 N 8th St, Philadelphia, PA 19120

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List Price
$199,000
Status
ACTIVE
Price Change
▼ $13,500 1791551233
MLS#
PAPH2562190
Subtype
Multi-Family
Style
Traditional
Year Built
1935
Living Area
1,346
Lot Size
1,403
Acres
0.03
Subdivision
Olney
MLS Area Major
19120 (19120)

Property Description

PRICED TO SELL! MOTIVATED SELLER! LEGAL DUPLEX IN OLNEY – AN EXCELLENT OPPORTUNITY FOR HOMEOWNERS AND INVESTORS! TWO RESIDENTIAL UNITS, ATTACHED GARAGE, BASEMENT & INCOME POTENTIAL! Calling all homebuyers, landlords, contractors, and savvy investors! Discover this legal duplex in Philadelphia's established Olney neighborhood, offering an attractive combination of flexibility, rental income potential, and valuable additional space. Whether you're looking to purchase your first home or expand your investment portfolio, this property deserves your attention! LIVE IN ONE UNIT AND RENT THE OTHER! Why settle for a traditional single-family home when you can own two residential units under one roof? Enjoy the benefits of homeownership while generating rental income to help offset your mortgage and monthly housing expenses. Investors can explore the opportunity to lease both units and establish rental terms aligned with their investment goals. PROPERTY FEATURES: Unit 1 – First Floor: Spacious 2-bedroom, 1-bathroom unit, ideal for an owner-occupant or future tenant. Unit 2 – Second Floor: 1-bedroom, 1-bathroom unit offering additional rental income potential. ADDED VALUE – ATTACHED GARAGE & BASEMENT WITH SEPARATE METERS! The possibilities extend beyond the residential units! The attached garage and basement provide valuable additional space with potential for supplemental rental or storage income, subject to applicable approvals. Ideal for contractors, tradespeople, entrepreneurs, or homeowners seeking convenient storage for tools, equipment, building materials, inventory, and personal belongings without the recurring expense of renting off-site storage space! PROPERTY WILL BE DELIVERED VACANT AT SETTLEMENT! Enjoy the flexibility of taking ownership with both residential units delivered vacant, allowing you to establish your own rental arrangements, select tenants, or occupy one unit while leasing the other. CONVENIENT OLNEY LOCATION! Situated near public transportation, shopping, neighborhood amenities, and major commuting routes, this property offers accessibility and convenience for residents. PRICED TO SELL – OWNER IS MOTIVATED AND WILL CONSIDER SERIOUS OFFERS! With two residential units, an attached garage, basement storage, and flexible ownership options, this property offers an appealing opportunity to build equity and pursue your real estate goals. SCHEDULE YOUR PRIVATE SHOWING TODAY! Interested buyers are encouraged to arrange a private tour and submit their strongest offer for consideration. The seller is motivated and prepared to review serious proposals. Contact us today to explore the possibilities and take the next step toward owning this versatile Olney duplex!

Additional Information

Taxes
$2,462
Property Description
Traditional
Zoning
RSA5
Heating
Hot Water, Radiator(s)
Air Conditioning
None
Foundation
Concrete Perimeter
Garage Spaces
1
School District
Philadelphia City

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Calculator source: Real Geeks

Listing courtesy of Eliakim Realty Inc. Contact: