$ 249,900
-
$249,900
Price -
14
Bed -
0
Bath -
1,504
SqFt
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About the Listing DLVLPROP - 3296861
Investor Opportunity | Duplex | Strong Income Potential Located at 201 N 59th Street in the vibrant West Philadelphia corridor, this duplex multi-family property presents an exceptional opportunity for both savvy investors and owner-occupants looking to house hack while building long-term wealth. Situated just steps from major transit, neighborhood amenities, and growing development throughout the area, this property offers the kind of income-producing potential and strategic location that today’s buyers are seeking. This two-unit residential property provides the flexibility to live in one unit while generating income from the other, or operate one unit as fully leased rental investments month to month basis. One unit vacant, Garage rented for $67 a month For buyers focused on portfolio growth, this asset represents a compelling opportunity to establish dual revenue streams from a single property, maximizing return while minimizing acquisition costs compared to purchasing separate properties. Each unit offers comfortable living space with practical layouts designed for everyday functionality, appealing to a wide range of tenants including working professionals, families, and individuals seeking convenient access to the city. With Philadelphia’s ongoing demand for rental housing particularly in transit-accessible neighborhoods this property is well positioned to support consistent occupancy and stable income generation. The location further strengthens the investment profile. The property sits within the West Philadelphia neighborhood, an area known for its strong rental demand, proximity to University City, and easy access to Center City Philadelphia. Residents benefit from nearby public transportation, including the Market-Frankford Line, multiple bus routes, and major thoroughfares that connect quickly to the broader metropolitan area. Nearby commercial corridors, retail shops, grocery stores, dining establishments, and neighborhood services create a walkable and convenient environment for tenants and homeowners alike. For investors evaluating the numbers, this duplex structure allows for multiple income strategies: • Traditional long-term rentals for steady monthly cash flow • Owner-occupant house hacking to offset mortgage costs • Future rent optimization as market conditions continue to strengthen in the area House hacking in particular provides a powerful path toward wealth building. By occupying one unit and renting the other, buyers can dramatically reduce their monthly housing expenses while benefiting from property appreciation and rental income. Over time, the property can transition into a fully income-producing asset, making it an excellent stepping stone for those seeking to expand into multi-family real estate ownership. Beyond immediate income potential, the property offers long-term value growth within a historically resilient Philadelphia housing market. Multi-family properties in this segment continue to attract attention from investors due to their scalability, income diversification, and strong demand from renters who prefer neighborhood living with easy city access. Whether you are a first-time investor, experienced landlord, or homeowner looking to leverage real estate to build generational wealth, this duplex offers the flexibility and financial opportunity to meet a variety of investment strategies. Opportunities like this a multi-family property capable of producing two income streams while also offering owner-occupant flexibility are increasingly sought after in today’s market. Buyers who recognize the long-term value of income-producing real estate in strategic urban locations will appreciate what this property has to offer. Schedule your private showing today and explore the potential of owning a duplex that works for you whether as a home, an investment, or both.
Listing Highlights
Status
Active
Days on Site
15
Property Type
Multi-Family
MLS ®
PAPH2590880
Year Built
1920
Total Square Footage
1,504
Lot/Acreage
0.03
County
Philadelphia
Neighborhood
Haddington
Area
19139 (19139)
School District
The School District Of Philadelphia
Interior Details
- Bedrooms: 14
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1504
- Below Ground Sq Ft: 0
- Basement: Full
- Other: Family Room Off Kitchen
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: 1 car
- Parking Spaces: 1
- Lot Dimensions: 16.00 x 76.00
- Zoning: RSA5
- Roof: Flat
- Others: Good
- Sewer: Public Sewer
- Parking Features: Garage - Side Entry,Attached Garage,1+ Spaces
Financial Details
- Tax Amount: $840
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2021
Payment Calculator
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Questions About..
201 N 59th St Philadelphia, PA 19139
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