5227 Catharine St, Philadelphia, PA 19143

Description

Exceptional investment or house-hacking opportunity in a highly desirable pocket of West Philadelphia! This turn-key duplex perfectly hits the sweet spot for savvy investors and owner-occupants alike. Featuring separate amenities, this property offers steady, immediate cash flow with significant room to optimize your returns.

The 2nd floor unit is a spacious 2BR, 1BA apartment currently occupied at $1,420 per month (lease ends March 31, 2027). The 1st floor unit is a large 1BR, 1BA apartment that is currently vacant and was just refreshed. Previously rented below market value at $1,050 per month, this unit gives a new owner the immediate opportunity to place a tenant at market rate or move right in and let the upstairs unit pay a massive portion of the mortgage. Both units are separately metered with central air and dedicated in-unit laundry. There is a full unfinished basement that is accessed through the 1st floor unit.

Positioned in a vibrant, high-demand neighborhood, this location ensures a consistent pool of tenants. You are located just steps from the 52nd Street shopping and transit corridor, as well as the historic Malcolm X Park and the popular Baltimore Avenue corridor. The property offers a seamless commute for students and healthcare professionals, sitting in close proximity to the University of Pennsylvania, St. Joseph's University City campus, the Hospital of the University of Pennsylvania (HUP), and the Children's Hospital of Philadelphia (CHOP).

Whether you are looking for a reliable, low-maintenance addition to your real estate portfolio or an affordable way to buy into a great neighborhood by living in one unit and renting the other, 5227 Catharine Street delivers on every level. Schedule your showing today!