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Sold for $270,000 on 09/09/24
  • $270,000

    2431 S Edgewood St, Philadelphia, PA 19142

    3beds
    --baths
    960sqft
    Townhouse
    Built in 1925
    -- sqft lot
    $276,700 Zestimate®
    $281/sqft
    $1,602 Estimated rent

    What's special

    Discover this meticulously renovated duplex in Southwest Philadelphia, perfectly suited for an owner-occupant seeking to enjoy one unit while reaping rental income from the other. This property offers a blend of modern updates and unique features, making it an attractive choice for homeowners and investors alike. The first unit is a distinctive bi-level space, featuring a kitchen equipped with stainless steel appliances and natural stone countertops on the main floor, alongside a bedroom and a convenient powder room. There's no traditional living room, which adds to the unit's unique character and spacious feel. The basement level houses another bedroom, which benefits from a walkout to an expansive carport that can accommodate 2-3 cars, adding a valuable outdoor element and convenience to this unit. The second unit on the second floor offers a one-bedroom layout with a separate living and kitchen area. The space is well-proportioned, providing a comfortable and inviting atmosphere. The bedroom is complemented by a full bathroom, located just outside, ensuring privacy and ease of use. This duplex is not just a place to live, but also an investment opportunity. The potential rental income is attractive, with PHA data indicating rates up to $1,200 for a one-bedroom and $1,400 for a two-bedroom in this zip code. For an owner-occupant, this means the chance to offset mortgage payments significantly while enjoying a beautifully updated home. The building is all electric with each unit having its own separate meter. Water is shared and the responsibility of the owner. Situated in a desirable Southwest Philadelphia neighborhood, the duplex is conveniently close to amenities, dining, and transportation, enhancing its appeal. This property is ideal for those looking to have a unit for themselves and a unit that brings in money to help tackle the mortgage payment! Best of both worlds! This is what I can a win-win situation!

    Zillow last checked: 7 hours ago

    Listing updated: July 08, 2024 at 12:28am

    Listed by:

    Ugochukwu U Opara 484-478-4469,

    United Real Estate,

    Listing Team: Tristate Residential

    Bought with:

    Ama Addo, RS363827

    Perfect Place Real Estate Co.

    Source: Bright MLS,MLS#: PAPH2341370MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    Basement
    • Area: 0
    Heating
    • Radiator, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Finished,Heated,Exterior Entry,Interior Entry
    • Has fireplace: No
    Interior area
    • Total structure area: 960
    • Total interior livable area: 960 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Exterior features: Sidewalks, Street Lights
    • Pool features: None
    Lot
    • Size: 1,046 sqft
    Details
    • Additional structures: Above Grade
    • Parcel number: 402032800
    • Zoning: RM1
    • Zoning description: Legally Zoned Duplex.
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Townhouse
    Materials
    • Masonry
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Philadelphia
    • Subdivision: Elmwood Park
    • Municipality: PHILADELPHIA

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $276,700
    2% more+ $5,534
    With Zillow Showcase(estimated)
    $282,234