UPDATED:
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 938 sqft
Price per Sqft $143
Subdivision Kingsessing
MLS Listing ID PAPH2538366
Style Straight Thru,Traditional
Bedrooms 2
Full Baths 1
HOA Y/N N
Abv Grd Liv Area 938
Year Built 1925
Available Date 2025-11-21
Annual Tax Amount $1,790
Tax Year 2025
Lot Size 555 Sqft
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Discover a turnkey investment gem in the heart of Philadelphia's up-and-coming Kingsessin neighborhood, where revitalization meets steady rental demand. This charming 2-bedroom, 1-bathroom townhome spans 938 square feet of well-maintained living space on a compact 942-square-foot lot, offering immediate cash flow potential for savvy buy-and-hold investors.
**Seamless Income Stream Awaits:** Secure your portfolio with a reliable 12-month lease already in place. The current tenants are model renters—always paying on time and treating the property with care. This property positions you for strong, predictable returns with room for modest appreciation as the area continues to gentrify. Rents $200 under market average, allowing for built-in cashflow growth after 12 months.
**Recent Capital Improvements for Low Maintenance:**
The landlord has invested thoughtfully in upgrades, ensuring minimal near-term expenses and long-term durability. Highlights include:
- **New windows with lifetime warranty** (installed 2022 & 2025) for energy efficiency and curb appeal.
- **Brand-new water heater** (2025) to keep operations running smoothly.
- **Fresh carpet throughout** (2024) for a like-new feel.
- **Updated bathroom floor and vanity** (2025), enhancing functionality and style.
- **New PVC drain lines** (2022 & 2023) for reliable plumbing.
- **New fridge, stove, and interior doors** (2021), rounding out a modern kitchen setup.
Built in 1925 with timeless Philadelphia rowhome character, this property blends historic charm with contemporary reliability—perfect for hands-off ownership. Annual property taxes are a modest $796, further bolstering your bottom line.
Don't miss this low-risk, high-reward addition to your rental lineup. Schedule a showing today and start building wealth with confidence!
Willing to deliver Vacant with longer close date
Location
State PA
County Philadelphia
Area 19143 (19143)
Zoning RSA5
Rooms
Other Rooms Living Room, Bedroom 2, Kitchen, Bedroom 1, Bathroom 1
Basement Dirt Floor
Interior
Hot Water Natural Gas
Cooling Window Unit(s)
Flooring Carpet, Vinyl
Inclusions All Fixtures
Furnishings No
Heat Source Natural Gas
Laundry Hookup
Exterior
Water Access N
Roof Type Flat
Accessibility None
Garage N
Building
Story 2
Foundation Stone
Above Ground Finished SqFt 938
Sewer Public Sewer
Water Public
Architectural Style Straight Thru, Traditional
Level or Stories 2
Additional Building Above Grade, Below Grade
Structure Type Plaster Walls
New Construction N
Schools
School District Philadelphia City
Others
Pets Allowed Y
Senior Community No
Tax ID 514041100
Ownership Fee Simple
SqFt Source 938
Acceptable Financing Conventional, Private, Cash, Assumption
Horse Property N
Listing Terms Conventional, Private, Cash, Assumption
Financing Conventional,Private,Cash,Assumption
Special Listing Condition Standard
Pets Allowed Case by Case Basis
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Giovanni Maggipinto
Realtor Associate | License ID: 1644529
Realtor Associate License ID: 1644529