5836 CHESTNUT ST Philadelphia, PA 19139
1,552 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 1,552 sqft
Price per Sqft $161
Subdivision Cobbs Creek
MLS Listing ID PAPH2566040
Style Straight Thru
Abv Grd Liv Area 1,552
Year Built 1925
Available Date 2025-12-20
Annual Tax Amount $1,408
Tax Year 2025
Lot Dimensions 16.00 x 120.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
West Philadelphia Duplex – Move-In Ready Multi-Family Investment!
This well maintained 2-unit duplex in a desirable West Philadelphia neighborhood is an ideal opportunity for a homeowner who wants to live in one unit while receiving rent for the other. The first floor features a 2 bedroom 1 bathroom unit currently rented for $850 per month on a month to month lease. The second floor offers a vacant 2 bedroom 1 bathroom unit that has been recently renovated with new laminate flooring, a modern kitchen, and fresh paint, allowing an owner occupant to move right in or re rent at approximately $850 per month.
Both units have separate gas and electric, individual hot water heaters and heating systems, and forced air heating. Landlord pays for water. The basement offers potential to create an additional apartment, increasing rental income. The duplex has an active rental license for two units.
Conveniently located just five minutes from the Market-Frankford Line (MFL) 60th Street Station, providing easy access between Frankford Transportation Center and 69th Street Transportation Center. The area also features a Walk Score of 85, meaning most errands can be accomplished without a car, and a Bike Score of 90, reflecting excellent biking infrastructure. Nearby parks include Haddington Park, Haddington Recreation Center, and Cobbs Creek.
Key Bank is offering a 5K credit for this property which can be tied in with the Philly First 10K grant. The 5K credit can be applied toward closing costs or to prepay mortgage, flood/hazard insurance, escrow deposit, real estate taxes, or per diem interest.
This duplex offers turnkey rental income potential with added upside from the basement, making it a rare and valuable investment opportunity in West Philadelphia. Schedule your showing today!
Location
State PA
County Philadelphia
Area 19139 (19139)
Zoning RM1
Rooms
Basement Full
Interior
Interior Features Bathroom - Tub Shower
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
View Street
Accessibility None
Garage N
Building
Foundation Other
Above Ground Finished SqFt 1552
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 871257150
Ownership Fee Simple
SqFt Source 1552
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
Virtual Tour https://view.ricoh360.com/cff3c206-2d11-4fcd-b3a4-c49fcc6810e0
