2963-65 Cedar Street

Rare turnkey legally zoned duplex with value add potential. Unique side by side multi-family property situated on a large 31x54 lot offering significant long-term potential. Located on a prime block of rapidly developing Port Richmond. It is one block from public transportation and offers easy access to I-95. Port Richmond has quickly become a hot spot for new restaurants, cafes, and development. Each unit currently features around 800 sq ft of living space, and a 2 bedroom 1 bath layout. Both units include hardwood floors throughout, central air, and two outdoor spaces (a back yard area, and a large gated front patio). All utilities, including water, are separately metered and paid by the tenants. Plenty of possibilities. Keep the current tenants, and enjoy the current cash flow. Make value-adding improvements and bring the rents to the top of the Port Richmond market. House hack, live in one unit and rent the other to offset costs. Low operating costs and easy maintenance make this investment a can't-miss opportunity for any investor.