1259 S 46th Street, Philadelphia, PA 19143

Description

Turnkey duplex with excellent cashflow on wide avenue in University City. The entire building is fully rewired and offers fully separated gas, electric, hot water, and HVAC (including central air in each unit).

Each unit is a renovated 2 bedroom, 1 bath residence. Large bedrooms and great light throughout. The 2nd floor is fully updated and has a beautiful west facing bay window, spacious rear deck, and washer dryer. It is tenant occupied at $1,300/month + utilities with a lease expiration of 6/1/27. Beautiful and spacious kitchen and bath. The 1st floor has been updated with a brand new renovated kitchen, freshly painted, basement parged and cleaned, washer and dryer, and new marble tiled bath (bath was actually renovated prior to the previous tenant). The 1st floor also includes access to the rear yard. It is now rented at $1,500 + utilities with a lease expiration of 4/25/27. The building also has a shared front porch.

Located in University City-- a close walk to Penn, CHOP, HUP, Clark Park (and its Farmers Market), the Schuylkill River Trail, Asad’s Hot Chicken, Four Worlds Bakery, Baltimore Avenue's Restaurant Row, and all that University City has to offer. Plus, 12 minutes to Center City by car or bike. Plenty of convenient SEPTA options. Easy access to I-76.

Note—Both units are currently rented through May 2027. Either unit would also be great for an owner occupant after that time.