2656 S Shields St, Philadelphia, PA 19142

Property Description

Price Improvement! Move in- ready vacant legally zoned duplex offering an excellent investment or owner-occupant opportunity. Both units are fully updated with upgraded kitchens, baths, flooring and stainless steel appliances. Featuring a 1-bed, 1-bath unit on the first floor which includes a sizable basement with projected rents $900/month. Second floor gets great natural light and consists of 2-bed, 1 bath with projected rents $1100/month. Monthly Income up to $2000/month. Annual Gross Income up to $24,000. With 20% down and estimated all in payments between $1400-1450 this property stands out as a true house hack and a strong entry-level investment with immediate cash flow potential. This property is ideal for: Buy-and-hold investors seeking steady cash flow with upside or Owner-occupants looking to live in one unit while renting the other. Conveniently located in a high-demand area in close proximity to major highways I-95 and I-76 and public transit. For owner occupants, the rental income from one unit can significantly offset your mortgage or living expenses. Live in one unit and rent the other or rent both and start collecting returns to maximize potential.