500 E Thelma St

Philadelphia, PA 19120
  • $250,000

    Price
  • 4

    Bed
  • 0

    Bath
  • 1,200

    SqFt

About the Listing RMKYSTN - 3118787

Turnkey duplex with separate utilities, updated units, and strong income potential! Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this well-maintained Feltonville property offers an outstanding opportunity. The building features 2 spacious apartments, including a livable space at the lower-level unit. Second floor one bedroom unit, and a two-bedroom third-floor unit. Each apartment offers a modern kitchen, updated finishes, and well-maintained living spaces that are attractive to today's tenants. Designed for easy ownership, each unit has separate utilities, helping simplify property management while maximizing rental flexibility. Pride of ownership is evident throughout, making this a true move-in-ready investment with excellent long-term potential. A rare bonus for a multifamily property is the inviting outdoor living space. Recent improvements include a brand-new front patio and a newly constructed private deck for the first-floor apartment, creating desirable outdoor areas that add value for both tenants and owner-occupants. Conveniently located near public transportation, shopping, schools, and major commuter routes, this property offers easy access to everything Philadelphia has to offer while providing strong rental appeal. Whether you're a seasoned investor seeking a low-maintenance addition to your portfolio or a buyer looking to offset your mortgage with rental income, this turnkey triplex checks all the boxes. Schedule your private showing today and discover the income potential this exceptional property has to offer.

Listing Highlights

Status Active With Contingency
Days on Site 36
Property Type Multi-Family
MLS ® PAPH2642490
Year Built 1940
Total Square Footage 1,200
Lot/Acreage 0.03
County Philadelphia
Neighborhood Feltonville
School District Philadelphia City

Interior Details

  • Bedrooms: 4
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Multi Units
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 1200
  • 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: 20.00 x 70.00
  • Zoning: RSA5
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Driveway

Financial Details

  • Tax Amount: $2,581
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2025

Payment Calculator

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  • in Taxes
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Questions About..

500 E Thelma St Philadelphia, PA 19120

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Originating MLS: BRIGHT_MAIN

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Sarah Forti

Realtor and Team Owner of Forti Homes | Forti Homes | KW Devon Wayne

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