About 4823 Old York Rd
Welcome to 4823 Old York Road, a fully occupied turnkey, legal duplex offering an excellent investment opportunity in the heart of Philadelphia, just minutes from Broad Street, shopping, dining, and public transportation. This well-maintained property features two spacious 2-bedroom, 1-bath units, both occupied by reliable PHA tenants, providing immediate and consistent rental income. Unit 1 is currently rented for $1,368/month and Unit 2 is rented for $1,186/month. The property has been updated with renovated kitchens featuring modern cabinetry, updated countertops, and newer appliances, along with refreshed bathrooms showcasing contemporary finishes. Both units also offer newer flooring throughout, creating clean, modern living spaces that tenants appreciate. Large windows allow for plenty of natural light, while the functional layouts provide comfortable living and dining areas along with generously sized bedrooms. In addition to the interior upgrades, the property includes a large fenced rear yard, offering outdoor space rarely found in multifamily properties in the area. Landlord currently pays water, while tenants are responsible for all other utilities, helping maximize cash flow. This duplex checks all the boxes with stable occupancy, updated interiors, and a convenient location near major transportation routes and neighborhood amenities. Seller is also offering 4828 Old York Road for sale and is open to selling both properties as a package deal. Schedule your showing today!
