500 E Thelma St, Philadelphia, PA 19120

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Sold Price
$230,000
List Price
$250,000
Closing Date
Aug 14, 2026
Status
CLOSED
MLS#
PAPH2642490
Living Area
1,200
Lot Size (Acres)
0.03
Style
Colonial, Straight Thru
Year Built
1940
County
Philadelphia
School District
Philadelphia City

Property Description

Turnkey duplex with separate utilities, updated units, and strong income potential! Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this well-maintained Feltonville property offers an outstanding opportunity. The building features 2 spacious apartments, including a livable space at the lower-level unit. Second floor one bedroom unit, and a two-bedroom third-floor unit. Each apartment offers a modern kitchen, updated finishes, and well-maintained living spaces that are attractive to today's tenants. Designed for easy ownership, each unit has separate utilities, helping simplify property management while maximizing rental flexibility. Pride of ownership is evident throughout, making this a true move-in-ready investment with excellent long-term potential. A rare bonus for a multifamily property is the inviting outdoor living space. Recent improvements include a brand-new front patio and a newly constructed private deck for the first-floor apartment, creating desirable outdoor areas that add value for both tenants and owner-occupants. Conveniently located near public transportation, shopping, schools, and major commuter routes, this property offers easy access to everything Philadelphia has to offer while providing strong rental appeal. Whether you're a seasoned investor seeking a low-maintenance addition to your portfolio or a buyer looking to offset your mortgage with rental income, this turnkey triplex checks all the boxes. Schedule your private showing today and discover the income potential this exceptional property has to offer.

Additional Information

Area
19120 (19120)
Subdivision
Feltonville
School District
Philadelphia City
Heating
Other
Cooling
Multi Units
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Keystone. Contact:

Selling Office: Compass Pennsylvania, LLC.