Property
Beds
5
Full Baths
None
1/2 Baths
None
Year Built
1940
Sq.Footage
2,650
Located at 1037 Foulkrod St, Philadelphia, PA 19124, this large, versatile legally zoned duplex with a third bonus unit offers strong income potential for investors or owner-occupants seeking additional rental revenue. The property features two spacious main units, each configured as 2 bedrooms and 2 full bathrooms, providing comfortable layouts that appeal to long-term tenants. In addition, the property includes a fully renovated 1 bedroom, 1 bathroom bonus unit, creating an opportunity for additional rental income beyond the legal duplex configuration. The icing on the cake is that the property has a driveway for off street parking of 2 vehicles. With multiple units and flexible living arrangements, this property presents a compelling value-add opportunity. Investors can benefit from three potential income streams, while house-hackers or owner-occupants may choose to live in one unit while renting the others. Property Highlights: Legally zoned duplex 3 total units (including bonus unit) Unit 1: 2 Bed / 2 Bath - rented under market value (800 per mo) by a tenant of over 8 years Unit 2: 2 Bed / 2 Bath - rented under market value ($900 per mo) by a tenant of over 6 years Bonus Unit: Fully renovated 1 Bed / 1 Bath - vacant, was most recently rented for 1200 per month Strong rental income potential Ideal for investors or owner-occupants Conveniently located near public transportation, shopping, and major roadways, this property sits in a growing corridor of Northeast Philadelphia. Great opportunity to add a cash-flowing multi-unit to your portfolio.
Features & Amenities
Interior
-
Total Bedrooms
5
-
Bathrooms
N/A
-
Above Grade Finished Area
2650.0
-
Cooling YN
NO
-
Cooling
None
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Driveway
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.06
-
Property Type
Residential Income
-
Property Sub Type
Duplex
-
Architectural Style
Traditional
Price
-
Sales Price
$240,000
-
Tax Amount
$3,435
-
Sq. Footage
2, 650
-
Price/SqFt
$90
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Concrete Perimeter
-
Sewer
Public Sewer
-
Tax Lot
4047
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Joshua J Pireda , Giraldo Real Estate Group
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Owner, President, Investment Property Advisor
Theresa Kehler
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