1934 Bainbridge St, Philadelphia, PA 19146

Property Description

1934 Bainbridge Street is a renovated and well-maintained duplex on a quiet, tree-lined street in the heart of Graduate Hospital, centrally located near Rittenhouse Square, CHOP, Penn, and Center City. With a proven track record of low vacancies, the property offers a turnkey asset for either investors seeking immediate, hassle-free cash flow or owner-occupants looking for a low-risk house hack. The north-south facing property features two sunny and spacious bi-level 2-bedroom apartments, each tastefully updated with hardwood floors, modernized kitchens with natural stone countertops and stainless-steel appliances, renovated bathrooms with classic, neutral tile, in-unit laundry, and central air conditioning. Unit 1 is a two-bedroom, two-bathroom apartment that spans the first floor and rear half of the second level. The larger bedroom and bathroom are located on the second floor, and the smaller bedroom and bathroom are tucked away at the rear of the first level. In addition to a great layout, this unit offers basement storage and exclusive access to a large private backyard with water and electric hookups. Unit 2 spans the front half of the second level, where the kitchen, spacious common area, and laundry are located, and the third floor, where there are two large, sunny bedrooms with one bathroom in between. Recent capital improvements or features include: sewer line replacement and new HVAC system in Unit 2 (2024), new hot water heaters and façade/stucco refresh (2021), and an EPDM main roof. The building is also lead-free certified, eliminating the need for recurring tests and L&I submissions for compliance with local lead laws. The units are separately metered with their own hot water tanks, HVAC systems, and electrical access panels. Current leases expire July 31st, 2026; though, tenants in both units are interested in renewing. With renovations, major systems updated, and tenants in place, 1934 Bainbridge Street is a plug-and-play investment in one of Philadelphia's most consistently high-demand neighborhoods.