$ 225,000
-
$225,000
Price -
3
Bed -
2
Bath -
1,346
SqFt
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About the Listing 55491 - 3195010
BACK ON THE MARKET – OPPORTUNITY REINTRODUCED IN OLNEY The opportunity you thought you missed is here again—and it won’t last. This legal duplex in the heart of Olney is officially back on the market, presenting a second chance for serious investors and landlords to secure a proven income-producing asset in a high-demand rental corridor. Featuring two well-established units, this property offers immediate cash flow and long-term stability: Unit 1 – First Floor Spacious 2-bedroom, 1-bathroom layout, currently rented on a year-to-year lease, providing consistent and reliable income. Unit 2 – Second Floor 1-bedroom, 1-bathroom unit with a long-term tenant in place since 1995, delivering unmatched tenancy stability and predictability. Properties like this—legal duplexes with seasoned tenants and strong rental performance—rarely come available, and even more rarely return to the market. This reintroduction creates a unique window for investors who understand the value of stabilized assets in established neighborhoods. Positioned in a location with continuous rental demand, this is an ideal addition for those looking to expand their portfolio with a low-maintenance, income-generating property. 24-hour notice required for all showings. If you’ve been waiting for the right deal, this is your moment. Strong interest is expected—schedule your showing and position yourself to secure this asset before it’s gone again.
Listing Highlights
Status
Active
Days on Site
163
Property Type
Multi-Family
MLS ®
PAPH2562190
Year Built
1935
Total Square Footage
1,346
Lot/Acreage
0.03
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating: Hot Water,Radiator
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1346
- Below Ground Sq Ft: 0
- Basement: Full
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: 1 car
- Parking Spaces: 1
- Lot Dimensions: 16.00 x 88.00
- Zoning: RSA5
- Roof:
- Others: Good
- Sewer: Public Sewer
- Parking Features: Garage - Rear Entry,Attached Garage,1+ Spaces
Financial Details
- Tax Amount: $2,462
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
4922 N 8th St Philadelphia, PA 19120
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