548 S 54th St

Cobbs Creek, Philadelphia, PA 19143

Do you want appreciation and cash flow? Welcome to this well maintained West Philadelphia duplex with tenants in place! This is a legal duplex with rental licenses in place. The total rent roll is $2,100/month. The top unit studio is leased out at $1,100/month through August 2024. The top unit tenant recently moved in and has not furnished the unit fully yet. The bottom unit 2bd is leased out at $1,000/month through September 2024. Market rent for this 2bd unit is $1,400. The bottom apartment is bilevel. The living room, bathroom and kitchen are on the top floor. The laundry landing and the bedrooms are on the bottom level. This property was recently renovated with a Euro-inspired design, high-efficiency mechanicals and appliances, and a sleek contemporary style. Both units have better-than-builder-grade finishes like space-saving sliding doors on the bathrooms, sleek flat-front white cabinets mixed with stylish stainless steel, funky Edison bulb light fixtures and LG washer/dryer combo in the unit. Both apartments are bright and spacious and the open layout provides tons of options for furniture arrangement.Tenants pay electric, owner pays water. This property offers easy access to public transportation as well tons of dining and shopping options along both Baltimore Ave and the 52nd St strip.