UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,346 sqft
Price per Sqft $157
Subdivision Olney
MLS Listing ID PAPH2562190
Style Traditional
Abv Grd Liv Area 1,346
Year Built 1935
Annual Tax Amount $2,462
Tax Year 2025
Lot Size 1,403 Sqft
Acres 0.03
Lot Dimensions 16.00 x 88.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
The opportunity you thought you missed is here again—and it won't last.
This legal duplex in the heart of Olney is officially back on the market, presenting a second chance for serious investors and landlords to secure a proven income-producing asset in a high-demand rental corridor.
Featuring two well-established units, this property offers immediate cash flow and long-term stability:
Unit 1 – First Floor
Spacious 2-bedroom, 1-bathroom layout, currently rented on a year-to-year lease, providing consistent and reliable income.
Unit 2 – Second Floor
1-bedroom, 1-bathroom unit with a long-term tenant in place since 1995, delivering unmatched tenancy stability and predictability.
Properties like this—legal duplexes with seasoned tenants and strong rental performance—rarely come available, and even more rarely return to the market. This reintroduction creates a unique window for investors who understand the value of stabilized assets in established neighborhoods.
Positioned in a location with continuous rental demand, this is an ideal addition for those looking to expand their portfolio with a low-maintenance, income-generating property.
24-hour notice required for all showings.
If you've been waiting for the right deal, this is your moment. Strong interest is expected—schedule your showing and position yourself to secure this asset before it's gone again.
Location
State PA
County Philadelphia
Area 19120 (19120)
Zoning RSA5
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Hot Water, Radiator
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Parking Features Garage - Rear Entry
Garage Spaces 1.0
Water Access N
Accessibility None
Attached Garage 1
Total Parking Spaces 1
Garage Y
Building
Foundation Concrete Perimeter
Above Ground Finished SqFt 1346
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 491269000
Ownership Fee Simple
SqFt Source 1346
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS