426 S 42ND STREET

Property Description

Fully ready to to rent, way above average upkeep and condition, legal duplex- this one is ready and waiting income for the right investor or owner occupant. Renters love these rooms: big, bright, central air, and great location. -- Ready for a property that’s also a fully built business model? This attractive Queen Anne twin on a tree-lined street in Spruce Hill has been continuously and successfully rented to students and others for 20 years. Zoned and set up as a multi-family (duplex), the property could also be owner occupied and the other unit rented out for consistent income. The rooms are large, bright, and comfortable, with big windows and wood floors. These are rooms a tenant would be excited about. The first floor unit starts in a huge living room with a massive front window and decorative fireplace, followed by an eat-in kitchen, full bath, and 2 bedrooms. The second floor has 3 large rooms that could be living or bedrooms, and another full bath. The third floor is 2 bedrooms, another full bath, and the kitchen for this unit. Then the finished attic provides yet another bedroom upstairs, for a total of 9 potential bedrooms or living spaces. There are lots of ways tenants or owners could utilize all of that space. The basement is unfinished, tall, and clean, with two water heaters, two HVAC systems (central air throughout), laundry for the building, and wired fire alarms/CO detectors. The exterior of this property is gorgeous, with an inviting front porch, incredible brick detail, and a wide back patio for gatherings and enjoying the trees. The location is what really sets this opportunity apart, just a short distance from Penn, Drexel, Clark Park, and everything you want out of West Philly. And it’s not just in the coveted Penn Alexander catchment, the school is around the corner. Reach out for information about how the owner has approached the rental process, buy this property, and see immediate returns.