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!
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
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#: PAPH2341370

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