1705 W Norris St, Philadelphia, PA 19121

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List Price
$524,000
Status
ACTIVE
MLS#
PAPH2664834
Subtype
Multi-Family
Style
Other
Year Built
2015
Living Area
2,394
Lot Size
1,170
Acres
0.03
MLS Area Major
19121 (19121)

Property Description

A rare opportunity to acquire a fully leased, cash-flowing duplex in one of Philadelphia's most consistently in-demand rental submarkets. Built in 2015, this duplex is ideally positioned in the heart of the Temple University area, placing it squarely in a market with deep, renewing tenant demand year after year. Both units are currently occupied, delivering immediate, stabilized income with no lease-up risk. Unit A offers 4 bedrooms and 4 bathrooms at $2,600/month, while Unit B offers 4 bedrooms and 4 bathrooms at $2,300/month — a combined $4,900/month ($58,800/year) in in-place rental income from day one. Beyond the numbers, the location does the heavy lifting: convenient access to public transportation and surrounding neighborhood amenities makes this the kind of address that keeps units filled and turnover low. For investors seeking a turnkey, income-producing multifamily asset with locked-in cash flow and minimal management lift, this property checks every box.

Additional Information

Taxes
$5,456
Property Description
Other
Zoning
RM1
Heating
Other
Air Conditioning
Central Air
Foundation
Other
School District
Philadelphia City

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Listing courtesy of Keller Williams Main Line. Contact: