INVESTOR OPPORTUNITY: Turnkey Duplex in Historic Cobbs Creek with Strong Cash Flow Potential! Welcome to 5861 Cedar Ave, a spacious, renovated duplex in the vibrant Cobbs Creek neighborhood of West Philadelphia. Each 2 bedroom, 1 bathroom unit is just over 1000 sqft. This corner unit, end of row property has… Read More a full unfinished basement accessible from the outside which provides lots of untapped potential. The property was newly renovated in 2020 and it has been very well maintained since then with some of the appliances still in like new condition. This duplex is completely turnkey and move in ready. The property is being sold vacant so it is perfect for a house hack (primary residence) or an investment property. The previous tenants were paying $1390 for the lower unit and $1360 for the upper unit. Current Section 8 rents in the area are as high as $1660 for a 2 bedroom unit. The cash flow potential on the property is fantastic. Schedule a showing today before the opportunity is scooped up! Read Less
Courtesy of Eric Prine, Compass Pennsylvania, LLC 267-435-8015
Listing Snapshot
Days Online
12
Last Updated
Property Type
Townhouse
Square Ft.
2,088
Lot Size
0.03 Acres
Year Built
1920
MLS Number
PAPH2561794
Additional Details
Basement
Full, Unfinished
Building
Built in 1920, Living area: 2088, Construction Materials: Masonry
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