2431 S Edgewood Street Philadelphia, PA $ 270,000
2431 S Edgewood Street
$ 270,000
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2431 S Edgewood Street

Philadelphia, PA, 19142
$ 270,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 1,795

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Multi-Family Home for sale in Philadelphia, PA

for $270,000 with 3 bedrooms. This home was built in 1925 on a lot size of 0.02.

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!

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Multi-Family Contingent

Price

$ 270,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 1,161

Style

Colonial

Lot Size

0.02

Year Built

1925

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2341370

Features
Interior
Heating Fuel Natural Gas
Basement Fully Finished Heated Outside Entrance Interior Access
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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General
Sewer Public Sewer
Heating Radiator
Cooling None
Possession Immediate
Exterior Features Sidewalks Street Lights
Zoning RM1
Architectural Style Colonial
Construction Materials Masonry
Year Built 1925
Property SubType Duplex
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel None
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction N
Property Type Multi-Family
Subdivision Name ELMWOOD PARK
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status ACTIVE UNDER CONTRACT
Directions Use GPS for best directions
City PHILADELPHIA
Buyer Agent Compensation 2.5
Zoning Description Legally Zoned Duplex.
NumberOfUnitsTotal 2
MLS Area 19142 (19142)
Lot Size Units Square Feet
Lot Size Square Feet 1046.00
Waterfront Y/N N
Number of Units Leased 0
Tax Annual Amount 1161.0
Two Bedroom 1
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 281.25
Rent Control Y/N N
Vacation Rental Y/N N
Days on Market 22
Standard Status Active Under Contract
Year Built Source Estimated
Tax Lot 168
Buyer Agent Compensation Type % Of Gross
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Concrete Perimeter
Water View Y/N N
Lot Size Acres 0.02
Lot Size Source Estimated
Land Assessed Value 16600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2431
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* Excluded Features
List By
United Real Estate

Broker

ugotheagent@gmail.com

Email

Affordability Calculator

$1,891
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,795
Monthly Property Taxes
$97
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533249 Elementary School
3533189 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/11/2024$264,900 Listed Price

Map


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2431 S Edgewood Street, Philadelphia, PA, 19142 is a Multi-Family Home for sale at $270,000 with a lot size of 0.02. 2431 S Edgewood Street has 3 bedrooms, 0.0 baths, and was built in 1925. The property's zip code is 19142 which is in Philadelphia, PA