2501 N Colorado Street

Philadelphia, PA 19132
$195,000

Listing provided courtesy of: KW Empower.

2501 N Colorado Street

Philadelphia, PA 19132
$195,000
  • 1,110 SQFT
  • 2 BEDS
Status: Active
  • Est. Payment
    / mo

Welcome to 2501 N Colorado Street – your perfect turnkey investment opportunity! This meticulously maintained corner duplex offers an ideal scenario for savvy investors or those looking to generate rental income effortlessly.

This property is a true gem, boasting a total renovation that includes new mechanicals, kitchens, bathrooms, floors, and more. Enjoy a maintenance-free investment experience with this thoughtfully updated duplex.

Unit 1 features a comfortable 1 bed/1 bath layout and is currently rented for $750 per month. Meanwhile, Unit 2 offers a similarly appealing 1 bed/1 bath configuration, with a monthly rental income of $775. Both units are occupied by fantastic long-term tenants who consistently pay on time, ensuring a steady stream of income for the fortunate owner.

Noteworthy is the arrangement where tenants cover all utilities, except for cold water, which is the responsibility of the landlord. This adds to the attractiveness of this investment, as it minimizes ongoing expenses and maximizes your return.

Whether you choose to reside in one unit and rent out the other or simply enjoy the benefits of a hands-off investment, this property is primed for success. Act fast – opportunities like this don't linger on the market for long! Seize the chance to build equity effortlessly and secure your future with this fantastic duplex. Contact us today for a viewing before this remarkable investment slips away.

PROPERTY DETAILS

  • Price $195,000
  • Price / Sq Ft $176
  • Beds 2
  • Bldg/Unit Size (Sq Ft) 1,110
  • Building Units 2
  • Land/Lot Size (Sq Ft) 871
  • Property Type Residential Income
  • Year Built 1915
  • MLS Number PAPH2309806
  • Days on Market 46

TAXES & HOA

  • Annual Taxes (USD) $4,337

NEARBY SCHOOLS

RATING* SCHOOL NAME GRADES DISTANCE (MI)
N/A Kipp North Philadelphia Academy K-2 0.1
1.0 Kipp Philadelphia Charter School 5-8 0.1
*School data provided by National Center for Education Statistics, Pitney Bowes, and GreatSchools. Intended for reference only. GreatSchools Ratings compare a school’s test performance to statewide results. To verify enrollment eligibility, contact the school or district directly.
DISCLAIMERS, ANCILLARY INFO, DISCLOSURES & OTHER LEGAL STUFF

Listing provided courtesy of: KW Empower. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information is deemed reliable but not guaranteed. © 2024 by BRIGHT MLS. All rights reserved. Listing last updated on 04/15/2024 11:50:57

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