607 S 52nd St, Philadelphia, PA 19143

Property Description

Unlock the potential at 607 S. 52nd Street, a well-maintained duplex offering two spacious two-bedroom, one-bathroom units and an excellent opportunity for investors or owner-occupants. With both units currently occupied at $1,200/month, the property provides immediate rental income, while minor cosmetic updates could create an opportunity for the next owner to increase cash flow over time. For an owner-occupant, the layout also offers an ideal house-hacking setup with the potential to live in one unit while generating rental income from the other. The first-floor unit offers a large living room that flows into the open kitchen, creating a functional layout for tenants. Two generously sized bedrooms and a full hall bathroom with a tub/shower combination complete the interior. The unit also benefits from private access to a large, fully paved rear patio, providing desirable outdoor space and an additional feature that can help attract and retain tenants. The second-floor unit has its own private entrance and features a spacious living room with bay windows that bring in an abundance of natural light. Two good-sized bedrooms, a full bathroom, and a kitchen with a washer/dryer combo round out the unit. The separate entrances provide added privacy and functionality for both residents. The property also includes a full basement with private access through Bilco doors, offering valuable storage and utility space. Conveniently located near public transportation and the rapidly developing 52nd Street corridor, residents have easy access to local shops, restaurants, and neighborhood amenities, as well as Malcolm X Park, Toast Café, University City, and the newly renovated Kingsessing Recreation Center. Whether you're looking to expand your rental portfolio or live in one unit while generating income from the other, 607 S. 52nd Street offers a versatile value-add opportunity in West Philadelphia. Property can be delivered with or without the tenants in place. Owner is looking to sell the property as-is.