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Key Details
Sold Price $350,000
Property Type Single Family Home
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 914 sqft
Price per Sqft $382
Subdivision Wynnefield Heights
MLS Listing ID PAPH2332988
Sold Date 04/26/24
Style AirLite
Abv Grd Liv Area 914
Originating Board BRIGHT
Year Built 1958
Annual Tax Amount $2,647
Tax Year 2022
Lot Size 2,350 Sqft
Acres 0.05
Lot Dimensions 20.00 x 117.50
Property Description
Fully rented and cash-flowing duplex!
Welcome to 2730 Cranston Rd, a renovated and meticulously maintained duplex nestled in the heart of Philadelphia, Pennsylvania. This property offers a lucrative investment opportunity with two fully rented units generating consistent cash flow.
Renovated in 2021, this duplex boasts modern upgrades throughout, ensuring both comfort and convenience for tenants. From the newly installed roof to the refreshed floors and bathrooms, every detail has been carefully crafted to enhance the living experience.
Each unit features central air conditioning, providing climate control for optimal comfort year-round. Additionally, the inclusion of garage door openers adds a layer of convenience for tenants, ensuring easy access to parking.
For added convenience, washer-dryer units are located in the basement for each unit, eliminating the need for off-site laundry services. Ample storage space is also available in the basement, allowing tenants to organize belongings with ease.
Currently, both units are leased, generating a monthly rental income of $1450 per unit. The seller covers the water expenses, while tenants are responsible for all other utilities, making this investment opportunity even more attractive.
Whether you're a seasoned investor or exploring your first venture in real estate, 2730 Cranston Rd presents an excellent opportunity to own a turnkey property in a thriving rental market.
Property Highlights:
- Fully rented duplex generating consistent cash flow
- Renovated in 2021 with new roof, floors, paint, and bathrooms
- Central air conditioning in both units for year-round comfort
- Garage door openers provided for each unit
- Washer-dryer units in the basement for added convenience
- Ample storage space available in the basement
- Monthly rental income of $1450 per unit
- Seller covers water expenses; tenants responsible for other utilities
Don't miss out on this opportunity to own a hassle-free investment property in Philadelphia. Schedule a showing today and take the first step towards securing your financial future!
Please be aware that the photos included in the listing are from a previous version of the property, and the current condition may differ from what is depicted in these images. We want to ensure complete transparency in your property search and want to set realistic expectations.
Location
State PA
County Philadelphia
Area 19131 (19131)
Zoning RM1
Rooms
Basement Full, Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Flooring Carpet, Ceramic Tile, Laminate Plank
Fireplace N
Heat Source Natural Gas
Exterior
Garage Basement Garage
Garage Spaces 1.0
Waterfront N
Water Access N
Roof Type Flat
Accessibility None
Parking Type Attached Garage
Attached Garage 1
Total Parking Spaces 1
Garage Y
Building
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style AirLite
Additional Building Above Grade, Below Grade
Structure Type Dry Wall,Brick
New Construction N
Schools
Elementary Schools Mastery Charter School Mann
Middle Schools Greenfield Albert
High Schools Overbrook
School District The School District Of Philadelphia
Others
Tax ID 521391800
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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Bought with Alex Plessett • RE/MAX Services
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