1705 W Norris St, Philadelphia, PA 19121

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List Price
$524,000
Status
ACTIVE
MLS#
PAPH2664834
Living Area
2,394
Lot Size (Acres)
0.03
Style
Other
Year Built
2015
County
Philadelphia
School District
Philadelphia City

Property Description

A rare opportunity to acquire a fully leased, cash-flowing duplex in one of Philadelphia's most consistently in-demand rental submarkets. Built in 2015, this duplex is ideally positioned in the heart of the Temple University area, placing it squarely in a market with deep, renewing tenant demand year after year. Both units are currently occupied, delivering immediate, stabilized income with no lease-up risk. Unit A offers 4 bedrooms and 4 bathrooms at $2,600/month, while Unit B offers 4 bedrooms and 4 bathrooms at $2,300/month — a combined $4,900/month ($58,800/year) in in-place rental income from day one. Beyond the numbers, the location does the heavy lifting: convenient access to public transportation and surrounding neighborhood amenities makes this the kind of address that keeps units filled and turnover low. For investors seeking a turnkey, income-producing multifamily asset with locked-in cash flow and minimal management lift, this property checks every box.

Additional Information

Area
19121 (19121)
School District
Philadelphia City
Heating
Other
Cooling
Central Air
Water
Public
Sewer
Public Sewer

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Listing courtesy of Keller Williams Main Line. Contact: