$ 420,000
-
$420,000
Price -
5
Bed -
0
Bath -
1,772
SqFt
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About the Listing 61039 - 3253917,3186512
Located in Philadelphia’s rapidly evolving Belmont neighborhood, this fully renovated duplex presents an excellent turnkey investment opportunity in one of West Philadelphia’s most promising growth corridors. Just minutes from Drexel University’s ongoing westward expansion, major institutional investment, and continued residential and mixed-use development, the area has seen increasing demand from renters seeking proximity to University City, Center City, and Fairmount Park. Renovated only a few years ago, the property is in excellent condition and features modern finishes throughout, including stainless steel appliances, hardwood-style flooring, tiled backsplashes, contemporary fixtures, and in-unit laundry in both apartments. The building is currently fully occupied, with Unit 1 offering a 2-bedroom, 2-bathroom layout rented at $1,635 per month and Unit 2 a spacious 3-bedroom, 3-bathroom unit rented at $1,910 per month, for a total of $43,500 in annual income. The property also benefits from a tax abatement with approximately four years remaining, enhancing cash flow. One or both units include subsidized (PHA) rental income, providing added stability and consistency for investors. With continued neighborhood revitalization, institutional growth tied to Drexel and University City, strong transit accessibility, and rising rental demand, Belmont is increasingly recognized as an emerging investment hotspot, positioning this duplex as both a solid income-producing asset and a long-term appreciation play.
Listing Highlights
Status
Active
Days on Site
347
Property Type
Multi-Family
MLS ®
PAPH2467142
Year Built
1915
Total Square Footage
1,772
Lot/Acreage
0.04
County
Philadelphia
Neighborhood
Belmont
Area
19104 (19104)
School District
The School District Of Philadelphia
Interior Details
- Bedrooms: 5
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: 90% Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1772
- Below Ground Sq Ft: 0
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Lot Dimensions: 28.00 x 58.00
- Zoning: CMX2
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $5,902
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
4115 Brown St Philadelphia, PA 19104
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