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Stage4 Mem02

stagemem02@chime.me +1(586) 586-5860

$ 199,900

Est. payment | -/mo

2 Beds

1 Bath

828 SqFt

Save

$ 199,900

Est. payment | -/mo

Save

2 Beds

1 Bath

828 SqFt

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 828 sqft

Price per Sqft $241

Lot Size 756 Sqft

MLS Listing ID PAPH2614870

Style Straight Thru

Subdivision Fishtown

Bedrooms 2

Full Baths 1

Short Sale No

HOA Y/N N

Originating MLS BRIGHT

Property Description

Rare opportunity in red-hot Fishtown/Kensington area. This unique package deal at 2518 and 2520 Memphis Street features two turnkey rental units that have been established as a duplex since the 1980s by a longtime owner. Unit 2518 is a large 1-bedroom, 1-bathroom first-floor apartment, while Unit 2520 offers a spacious 2-bedroom, 1-bathroom layout on the second floor. Both units have been updated over the last few years and are ready to generate immediate income. Savvy investors will recognize the massive value-add potential to make minor improvements and warrant significantly higher market rents. The property features separate PECO and PGW utility meters for easy tenant management, with one shared water service located at 2518. The basement houses the building mechanicals and is easily accessible from a private exterior entrance on Firth Street. Location is everything, and this property delivers. Tenants will love being just steps away from local favorites like Meetinghouse and Cook + Shaker, and just a short stroll from the vibrant Frankford Avenue corridor. Commuters are just 10 minutes from Center City and have rapid access to I-95. Both units must be sold together. The property is being sold in strictly "as-is" condition, and the seller will not accept any zoning contingencies. Sold as a package deal only.

Location

State PA

County Philadelphia

Area 19125 (19125)

Zoning RSA5

Rooms

Basement Full

Main Level Bedrooms 2

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling None

Fireplace N

Heat Source Natural Gas

1-purchase type For Sale

Exterior

Waterfront N

Water Access N

Accessibility None

Parking Type On Street

Building

New Construction N

Story 2

Foundation Brick/Mortar

Lot Dimensions 14.00 x 54.00

Sewer No Septic System

Water Public

Architectural Style Straight Thru

Story 2

Additional Building Above Grade, Below Grade

Schools

High Schools Kensington

School District Philadelphia City

Others

Senior Community No

Tax Amount $3,443

Tax Year 2025

Tax ID 312010700

Ownership Fee Simple

SqFt Source 828

Special Sale Standard

testyfx76

Listed by Ryan Gallagher • RE/MAX Access

GET MORE INFORMATION

Robert Lucido

Advisor | yjnn 4444789

+1(347) 903-3026

stagesite-4.test@chime.me

www.baidu.com

West, Huai'an, CA, 90013, USA

2520 MEMPHIS ST Philadelphia, PA 19125