Philadelphia, PA 19142,2431 S EDGEWOOD ST
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Philadelphia, PA 19142,2431 S EDGEWOOD ST
Philadelphia, PA 19142,2431 S EDGEWOOD ST
Philadelphia, PA 19142,2431 S EDGEWOOD ST
Philadelphia, PA 19142,2431 S EDGEWOOD ST

$270,000

Est. payment /mo

$270,000

Est.Price: ?

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2431 S EDGEWOOD ST Philadelphia, PA 19142

960 SqFt

SOLD DATE : 06/28/2024

Key Details

Sold Price $270,000

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 960 sqft

Price per Sqft $281

Subdivision Elmwood Park

MLS Listing ID PAPH2341370

Style Colonial

Year Built 1925

Annual Tax Amount $1,161

Tax Year 2022

Lot Size 1,046 Sqft

Property Description

Discover this meticulously renovated duplex in Southwest Philadelphia, perfectly suited for an owner-occupant seeking to enjoy one unit while reaping rental income from the other. This property offers a blend of modern updates and unique features, making it an attractive choice for homeowners and investors alike.

The first unit is a distinctive bi-level space, featuring a kitchen equipped with stainless steel appliances and natural stone countertops on the main floor, alongside a bedroom and a convenient powder room. There's no traditional living room, which adds to the unit's unique character and spacious feel. The basement level houses another bedroom, which benefits from a walkout to an expansive carport that can accommodate 2-3 cars, adding a valuable outdoor element and convenience to this unit.

The second unit on the second floor offers a one-bedroom layout with a separate living and kitchen area. The space is well-proportioned, providing a comfortable and inviting atmosphere. The bedroom is complemented by a full bathroom, located just outside, ensuring privacy and ease of use.

This duplex is not just a place to live, but also an investment opportunity. The potential rental income is attractive, with PHA data indicating rates up to $1,200 for a one-bedroom and $1,400 for a two-bedroom in this zip code. For an owner-occupant, this means the chance to offset mortgage payments significantly while enjoying a beautifully updated home.

The building is all electric with each unit having its own separate meter. Water is shared and the responsibility of the owner. Situated in a desirable Southwest Philadelphia neighborhood, the duplex is conveniently close to amenities, dining, and transportation, enhancing its appeal.

This property is ideal for those looking to have a unit for themselves and a unit that brings in money to help tackle the mortgage payment! Best of both worlds! This is what I can a win-win situation!

Location

State PA

County Philadelphia

Area 19142 (19142)

Zoning RM1

Interior

Hot Water Natural Gas

Heating Radiator

Cooling None

Exterior

Water Access N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Ugochukwu U Opara • United Real Estate
Bought with Ama Addo • Perfect Place Real Estate Co.
agent

Jason Gareau

Broker

+1(609) 929-4486

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