2520 Memphis St, Philadelphia, PA 19125

Description

Rare opportunity in red-hot Fishtown/Kensington area. This unique package deal at 2518 and 2520 Memphis Street features two turnkey rental units that have been established as a duplex since the 1980s by a longtime owner. Unit 2518 is a large 1-bedroom, 1-bathroom first-floor apartment, while Unit 2520 offers a spacious 2-bedroom, 1-bathroom layout on the second floor. Both units have been updated over the last few years and are ready to generate immediate income. Savvy investors will recognize the massive value-add potential to make minor improvements and warrant significantly higher market rents. The property features separate PECO and PGW utility meters for easy tenant ...