1705 W Norris St, Philadelphia, PA 19121
- $524,000
- 2,394
- SqFt
- List Price
- $524,000
- Days on Market
- 14
- 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.
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Additional Information
- Area
- 19121 (19121)
- Taxes
- $5456
- School District
- Philadelphia City
- Heating
- Other
- Heating Fuel
- Electric
- Cooling
- Central A/C
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Keller Williams Main Line. Contact: 6105200100