2626 Island Ave, Philadelphia, PA 19153

Description

Great Investment Opportunity! Whether you're looking to expand your investment portfolio or explore the potential to live in one unit while generating rental income, this property offers plenty of possibilities! Legally recognized as a duplex, the property is currently configured as three separate units, consisting of two 2-bedroom apartments and one 1-bedroom apartment. Buyers are encouraged to verify zoning and permitted use with the City of Philadelphia.

Situated on a generously sized lot, the property features a side yard, private driveway, and convenient off-street parking. Renovated approximately three years ago, the property offers modern finishes and updates throughout, including kitchens with quartz and butcher block countertops, stylish backsplashes, white cabinetry, and stainless steel appliances. Additional highlights include recessed lighting, hardwood flooring, and updated bathrooms with modern tile finishes. Each unit features a separate entrance and water heater.

All three units are currently tenant-occupied, with one tenant expected to vacate by December 1, 2026. Of the two remaining tenants, one is on a month-to-month lease, while the other has a lease extending through October 31, 2027. This arrangement offers potential flexibility for investors or buyers considering owner occupancy.

Conveniently located just minutes from Philadelphia International Airport, Center City, and major highways, providing easy access to shopping, dining, and transportation.

Listing photographs were taken approximately three years ago, following renovations, and may not reflect the property's exact current condition. The property remains in generally similar condition, with normal wear and tear from occupancy.