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Legal Duplex in 19140

Price

$125,000.00

Legal Duplex in Philadelphia with Active Rental License – Perfect Value-Add Opportunity

 

This legally licensed 2-unit duplex (RSA-5 zoning) offers a total of 1,266 sq ft and is being sold tenant-occupied with a valid Active 2-Unit Rental License in place.

 

  • 1st Floor Unit: 1 bed / 1 bath — Vacant, ready for improvements or owner-occupancy.

  • 2nd Floor Unit: 1 bed / 1 bath — Currently rented for $675/month to a tenant in good standing.

 

Property Highlights:

  • Solid mechanicals: New forced air heater (1st floor), new water heater (2nd floor)

  • Roof replaced approx. 3–4 years ago

  • Both units need cosmetic updates – perfect for investors looking to build equity

  • Landlord currently pays water; tenants cover all other utilities

Located in a rental-friendly area, this is a great cash-flow opportunity with upside potential through light value-add renovations and rent increases.

 

Showings by appointment only with Proof of Funds.

Address

4xxx N 15th St,
Philadelphia, PA 19140

City

Philadelphia

State

PA

Zip Code

19140

Bed/Bath

1 Bed / 1 Bath + 1 Bed / 1 Bath

SQFT

1266

Zoning

RSA-5

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ISD Terms Table_edited.png
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