Photo of 506 W Master Street, Philadelphia PA
     
506 W Master Street
Kensington
Philadelphia, PA 19122
19122 Northern Liberties
The School District Of Philadelphia
Philadelphia County
Asking Price$549,000
# of Units2
2 Bdrm Units2
Acres0.02
Interior SqFt1,955
Age10
HeatingNatural Gas
CoolingCentral A/C
WaterPublic
SewerPublic
Garages0
Taxes (2024)1,080

Description
Welcome to 506 Master Street, a modern duplex in the Ludlow section of Kensington, directly across from Cruz Playground and just a short walk to the shops and restaurants along Girard Avenue. Built in 2015, this turnkey property offers a perfect opportunity for an owner-occupant to offset their mortgage with rental income while enjoying the benefits of a booming neighborhood with significant nearby development. The lower unit (905 sq ft) features 2 bedrooms, 1 full bath, and a private rear yard perfect for outdoor entertaining or gardening. The upper unit (1,050 sq ft) also offers 2 bedrooms and 1 full bath, with large windows flooding the space with natural light. Both units feature hardwood floors, spacious layouts, separate laundry, and updated finishes that make moving in or leasing seamless. Additional highlights include: solar panels on the roof for energy savings, separate utilities for each unit, delivered fully vacant for immediate rental or occupancy flexibility. Previously rented at $1,650/month for the upper unit with potential for $2,000/month+ in today's market and $1,450/month for the lower unit with potential for $1,800/month+. Whether you’re looking to build wealth or expand your investment portfolio with a low-maintenance property, 506 Master Street offers the ideal blend of location, modern construction, and long-term upside in a rapidly developing area. Don’t miss your chance to own a move-in-ready duplex across from a beautiful park in the heart of Kensington.

Room Sizes

Location


Driving Directions
On Master between Randolph and 5th

Details
Architectural Type - Traditional
Basement - Concrete Perimeter
Exterior Features - Brick, Metal Siding
Cooling - Central A/C, Electric
Heating - 90% Forced Air, Natural Gas
Hot Water - Natural Gas
Sewer - Public Sewer
Water - Public

Notes
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Assessment : 0
Latitude : 39.972538
Longitude : -75.144913
EveryHome Number : APH251-50710
Listing Courtesy Kurfiss Sotheby's International Realty
Zoning Designation RSA5