Don't miss this rare opportunity to acquire a turnkey, fully updated duplex in one of Philadelphia's most desirable neighborhoods, Graduate Hospital. This property is located just a block from South Street and less than a ten minute walk to Rittenhouse Square. Unit #1 is a 1BR/1BA with a large private backyard and laundry in a private basement. This unit is tenant occupied through June of 2019 at $1, 550/mo (resident pays all utilities except for water). Unit #2 is a large, bi-level 2BR/1.5BA featuring a master bedroom with a walk-in closet, an open living area with an eat-in kitchen and granite countertops. Laundry is located on the second level of this unit. This unit is owner occupied and the projected rent is $2, 500/mo. The current half bath could be updated to a full 2nd bathroom by relocating the HVAC unit in the oversized bathroom closet and adding a shower in its place. A roofdeck could be added from the 3rd floor landing. All utilities, with exception of water, are separately metered. This is an excellent opportunity for either an investor or home buyer looking for additional income in one of the hottest neighborhoods in Philadelphia, just blocks from Rittenhouse Square Park, the business district, and hundreds of restaurants and nightlife options.
About this Area
Like the booming neighborhoods of Fishtown and Francisville, Graduate Hospital is quickly becoming a real estate hotbed–and for good reason. Development has increased, new businesses have realized the potential of the area, and the neighborhood is just southwest of Center City.
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Data last updated: 01/23/2019.
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