4541 Manayunk Ave, Philadelphia, PA 19128

Description

Own a piece of Manayunk and let your tenant help pay the mortgage.

This classic 1930 stone twin is a true two unit property, just a few blocks from Main Street and a short walk from the Manayunk train station. A strong fit for an owner who wants to live in one unit and rent the other, or for an investor adding a desirably located duplex to their portfolio. Each unit has its own private entrance off a shared covered front porch.

Extensively updated in 2018, both units received all-new kitchens (cabinets, countertops, tile backsplash, fixtures, appliances, and hardware) and a full electrical refresh (new lighting, ceiling fans, switches, receptacles, and GFCI outlets). The building itself was upgraded with new roofs and new 200 amp multi-family metering with individual 100 amp panels for each unit, plus a new chimney liner in 2025.

Unit 1 takes up the entire first floor: 2 bedrooms, 1 full bath, a living room, dining room, and kitchen, plus private access to the deep backyard. The rear bedroom has newer windows (2019). Exclusive access to an extensive basement with laundry facilities and storage.

Unit 2 is a spacious two level apartment across the second and third floors: 3 bedrooms, 1.5 baths, kitchen, living room, and dining room. The full bath was renovated with new built-ins, countertop, vanity mirror and lighting, toilet, and shower/tub fixtures, and the powder room got a full refresh (toilet, vanity, faucet, lighting, hardware). In unit laundry includes a newer washer and gas dryer with proper exterior venting and drain.

The property sits in one of Northwest Philadelphia's most in demand rental neighborhoods, drawing steady interest from commuters and from people who want to walk to Main Street's restaurants, shops, and nightlife. Walk to the Manayunk/Norristown Regional Rail line for a quick trip to Center City, and I-76 is just minutes away via Green Lane. The Schuylkill River Trail, the Manayunk Bridge Trail, and Gorgas Park are all nearby.

2-4 unit properties can qualify for owner-occupant financing, including FHA and conventional programs. Talk to your lender about using projected rental income to help you qualify.