210 Albanus St, Philadelphia, PA 19120

Property Description

Investment Opportunity | Turnkey Duplex with Value-Add Potential ! Welcome to 210 E Albanus Street, a beautifully updated duplex offering immediate cash flow with significant upside. Whether you're an investor looking to expand your portfolio or a first-time homebuyer hoping to offset your mortgage, this property delivers the perfect combination of current income and future potential. The property features two updated 1-bedroom, 1-bathroom apartments, both currently occupied on month-to-month leases at $1,000 per month, providing an immediate rental income of $2,000/month. Each unit has been tastefully renovated with modern finishes, including updated kitchens with shaker cabinetry, stylish backsplash, updated flooring, fresh paint, and renovated bathrooms. Adding even more value is the huge semi-finished basement studio, already equipped with plumbing, electrical, and framing, making it an ideal opportunity to complete and create an additional income-producing unit (buyer to verify zoning and permitted use). Once finished, the basement has the potential to generate approximately $1,000/month, bringing the property's potential gross monthly income to $3,000. Major capital improvements have already been completed, including: Three updated electrical panels (one for each unit) New sewer stack pipe Semi-finished basement with utilities already in place Updated interior finishes throughout Located in the desirable Olney section of Philadelphia, this property offers convenient access to public transportation, shopping, schools, parks, and major roadways, making it attractive to both tenants and owner-occupants. Whether you're looking to house hack, add a strong cash-flowing asset to your investment portfolio, or finish the basement for even greater returns, 210 E Albanus Street is packed with opportunity. Schedule your private showing today and see the income potential for yourself!