4115-17 BROWN ST, Philadelphia, PA 19104
4115-17 BROWN ST, Philadelphia, PA 19104
4115-17 BROWN ST, Philadelphia, PA 19104
4115-17 BROWN ST, Philadelphia, PA 19104
4115-17 BROWN ST, Philadelphia, PA 19104
4115-17 BROWN ST, Philadelphia, PA 19104
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$ 415,000
Est. payment | /mo

1,772 SqFt


Save
$ 415,000
Est. payment | /mo
Save

1,772 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,772 sqft

Price per Sqft $234

Lot Size 1,639 Sqft

MLS Listing ID PAPH2467142

Style Other

Subdivision Belmont

Total Units 2

Short Sale No

Originating MLS BRIGHT

Property Description

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.

Location

State PA

County Philadelphia

Area 19104 (19104)

Zoning CMX2

Interior

Hot Water Natural Gas

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

1-purchase type For Sale

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type None

Building

New Construction N

Foundation Slab

Lot Dimensions 28.00 x 58.00

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

Schools

School District The School District Of Philadelphia

Others

Tax Amount $5,902

Tax Year 2025

Tax ID 062002900

Ownership Fee Simple

SqFt Source 1772

Special Sale Standard

Bright MLS (BMLS)
Listed by ERIC Dvotsky • BHHS Fox & Roach-Center City Walnut

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4115-17 BROWN ST