2407 N 17Th St Philadelphia, PA 19132
- Small apartment buildings
- 2,800 SF
Current Use by Public Records
- Small apartment buildings
Property Details for 2407 N 17Th St
- Property size
- 2,800 SF
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a fully renovated, two-unit duplex located at 2407 N 17th Street in Philadelphia, Pennsylvania, 19132. The property boasts a total of 2,800 square feet and sits on a lot zoned for two-family use. The building, constructed in 2023, features two stories and is classified as a Class B multifamily property. The duplex offers a strong stabilized investment profile with a current Net Operating Income (NOI) of $2,800. Each unit has undergone a complete renovation, showcasing modern updates throughout. The first-floor unit is a two-bedroom, one-bathroom apartment complete with a washer/dryer, central air conditioning, and access to the basement and rear yard. The second unit is a three-bedroom, one-bathroom bi-level apartment, also equipped with laundry facilities and central air conditioning. Both units feature fully remodeled kitchens with new appliances and quartz countertops, and modern tiled bathrooms. This property presents a compelling opportunity for owner-occupancy, with the potential to live in one unit while generating rental income from the other, significantly reducing living costs. The property has undergone lead testing and is immediately rent-ready. All offers will be considered. This is a turnkey investment ready for immediate income generation.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Philadelphia
- County
- Philadelphia
- State
- Pennsylvania
- Longitude
- -75.1601142
- Latitude
- 39.9901767