Description
6% Cap Rate | Occupied Value-Add Duplex in Point Breeze | Separate Meters | In-Unit Laundry | Patio (1st-Floor Exclusive)2203 Ellsworth Street, 19146, is a fully occupied duplex offering immediate cash flow or a renovation opportunity. Located on a quiet Point Breeze block, the building features a 1-bed / 1-bath first-floor unit ($1,250/month) and a 2-bed / 1-bath second-floor unit ($1,350/month), each with in-unit laundry and separate utility meters. The rear patio is exclusively for the first-floor unit, adding meaningful tenant appeal.The 1-bedroom tenant moves out in August 2026. The 2-bedroom lease is month-to-month. The current rents are below market value. Conveniently located near Washington Avenue’s growing commercial corridor with easy access to Center City, University City, and I-76. Showings by appointment only.
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3BEDS
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0.03ACRES
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2BATHS
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01/2 BATHS
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1,700SQFT
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$229$/SQFT
Description
6% Cap Rate | Occupied Value-Add Duplex in Point Breeze | Separate Meters | In-Unit Laundry | Patio (1st-Floor Exclusive)2203 Ellsworth Street, 19146, is a fully occupied duplex offering immediate cash flow or a renovation opportunity. Located on a quiet Point Breeze block, the building features a 1-bed / 1-bath first-floor unit ($1,250/month) and a 2-bed / 1-bath second-floor unit ($1,350/month), each with in-unit laundry and separate utility meters. The rear patio is exclusively for the first-floor unit, adding meaningful tenant appeal.The 1-bedroom tenant moves out in August 2026. The 2-bedroom lease is month-to-month. The current rents are below market value. Conveniently located near Washington Avenue’s growing commercial corridor with easy access to Center City, University City, and I-76. Showings by appointment only.
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