$235,000

4715 SHELMIRE AVE, Philadelphia, PA 19136

  • 1,306 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1953
  • Property Lot Size Icon871sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $180/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

This well-maintained duplex offers an excellent opportunity for investors looking to secure a stable, income-producing property with room for growth. The building consists of two 1-bedroom, 1-bathroom units, each with efficient layouts that appeal to long-term renters. The first-floor unit features forced air heating and is currently rented at $950 per month, which is below market value. The current tenant has been in place for over 15 years, is reliable, and would like to continue renting the unit — offering immediate and consistent cash flow from day one. The second-floor unit is currently vacant and offers strong value-add potential. It is heated by a boiler system with radiators. The gas and electric utilities are currently shut off due to the vacancy. This unit is ready for a new tenant, allowing the next owner to set market rent and increase the property’s overall income. Both units are equipped with new water heaters, installed in 2023 and 2024 respectively, and have separate utilities. This property is ideal for investors seeking a dependable asset. With a long-term tenant already in place and an opportunity to generate additional income quickly, this duplex is a strong addition to any rental portfolio.

Listing Status:
Active
Listing Office:
Keller Williams Real Estate-Langhorne : 2157576100
Listing Agent:
Brian P Gunn : 2152923886
MLS ID:
PAPH2540994
  • Basement: Unfinished
  • A/C: None
  • Heating: Forced AirHot WaterNatural Gas
  • Disability Feature: None

This listing courtesy of Brian P Gunn, Keller Williams Real Estate-Langhorne

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Edwin Forrest Elementary School

7300 Cottage St, Philadelphia, PA, 19136

Grades KG-5

0.34 miles away

J

Joseph H. Brown School

3600 Stanwood St, Philadelphia, PA, 19136

Grades KG-7

0.84 miles away

A

Abraham Lincoln High School

3201 Ryan Ave, Philadelphia, PA, 19136

Grades 9-12

1.04 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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