Photo of 2431 S Edgewood Street, Philadelphia PA
     
2431 S Edgewood Street
Elmwood Park
Philadelphia, PA 19142
19142 Southwest Phila Elmwood
The School District Of Philadelphia
Philadelphia County
Asking Price$270,000
  Sale Pending  
# of Units2
1 Bdrm Units1
2 Bdrm Units1
Acres0.02
Interior SqFt960
Age99
HeatingNatural Gas
Cooling 
WaterPublic
SewerPublic
Garages0
Taxes (2022)1,161

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 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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Details
Architectural Type - Colonial
Basement - Fully Finished, Heated, Outside Entrance, Interior Access, Concrete Perimeter
Exterior Features - Sidewalks, Street Lights, Masonry
Heating - Radiator, Natural Gas
Hot Water - Natural Gas
Sewer - Public Sewer
Water - Public

Notes
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Assessment : 0
Latitude : 39.927513
Longitude : -75.224419
EveryHome Number : APH234-40415
Listing Courtesy United Real Estate
Zoning Designation RM1