2431 South Edgewood Street
2431 South Edgewood Street
$264,900
—
960
960
$276
Description
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...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!
- Listed by Ugochukwu U Opara • United Real EstateP: 4844784469 ugotheagent@gmail.com
Property Details for 2431 South Edgewood Street
Tax ID Number
402032800
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleColonial
WaterfrontNo
GarageNo
Expected On Market Date04-30-2024
SubdivisionELMWOOD PARK
Location
LISTING UPDATED: 04/25/2024 01:35 PM
Property Details for 2431 South Edgewood Street
Status | Active |
---|---|
MLS # | PAPH2341370 |
Days on Market | 19 |
Taxes | $1,161 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1925 |
Lot Size | 0.02 AC / 1,046 SF |
County | Philadelphia County |
Location
Building Information for 2431 South Edgewood Street
Stories-Residences2Year Built1925Building Size-Lot Size0.02 AC / 1,046 SF
Payment Calculator
$1,542 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2431 South Edgewood Street
Property History for 2431 South Edgewood Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2431 South Edgewood Street
Taxable ValueLand$16,600Additions$66,400Total$83,000
Tax Record2023$1,162 ($97 / month)
Home Facts
Beds3Total Finished SqFt960 SqFtAbove Grade Finished SqFt960 SqFtStories2Lot Size1,046 SqFtStyleCondominiumYear Built1925ZoningRM1CountyPHILADELPHIAAPN40-2-0328-00
Schools near 2431 South Edgewood Street
This home is within Philadelphia City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 5 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Morton Thomas G School PublicK to 5 | ||
Tilden William T Middle School Public5 to 8 | ||
Bartram John - Main Public9 to 12 | ||
Motivation High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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