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MLS: #PAPH2611008, Listed By: Katherine Vail, Elfant Wissahickon-Rittenhouse Square, Source:Bright MLS

1226 W Westmoreland Street

PHILADELPHIA, PA 19140
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Bed 3

Bed

Bath 0

Bath

SqFt2,208

Sqft

Acres0.02

Acre(Lot)

This is the kind of deal that pencils from day one! A fully renovated 2-unit duplex with serrate utilities steps from Temple University Hospital, available for a quick close with no tenants to navigate and no waiting period to get to work. Lower floors a one bedroom one bath with basement access and a backyard. The upper unit has two bedrooms one bath and ready for tenants the moment you close. Each unit has hardwood, fully renovated kitchen, bath and washer/dryer in each unit. At $255,000 with one unit renting at $995/month and the other at $1,200/month, you're looking at approximately $2,195/month in gross rent and a cap rate in the 8–10% range. The location does the heavy lifting. Temple University Hospital is just 0.2 miles away — a four-minute walk which means your tenant pool inclu des hospital staff, residents, medical students, and university employees year-round. That's not a seasonal renter market. Temple University Hospital — 0.2 miles (4-min walk) Temple University Main Campus — under 0.5 miles Lewis Katz School of Medicine at Temple — minutes away Broad Street Line (Allegheny Station) — 0.3 miles Wagner Free Institute of Science — nearby The Broad Street Line gives tenants direct access to Center City without a car, which is a significant leasing advantage in this price range.That's stable, professional demand with consistent turnover and reliable income. and RM-1 zoning supports the multifamily use and there is a current active rental license. Seller can close quickly. Building is vacant. No lease-up delay, no inherited tenants, no complications. Just a straightforward acquisition and a property ready to perform.

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Detail Ic Property Details

Property Type : Residential Income

Price : $255,000

AD Id : 77720617

MLS Id : PAPH2611008

Beds : 3

Lot Size : 0.02 Acre

Living Area Size : 2,208

Year Built : 1935

County : PHILADELPHIA

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 3

    Room Information

    Has Basement: Yes Basement: Daylight, Partial, Interior Entry
  • Flooring Information

    Hardwood
  • Roofing Information

    Flat
  • Interior Features

    Roof: Flat Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Baseboard Cooling: None

  • Building Information

    Year Built: 1935 Building Area Total: 2208 Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 19.00 x 57.00 Lot Size Acres: 0.02 Lot Size Source: Assessor Lot Size Square Feet: 1059

  • Listing Price Information

    Listing Price: $255000

  • Tax Information

    Parcel Number: 431042000 Tax Lot: 144 Tax Year: 2026 Annual Tax: $3449

  • Parking Information

    On Street

  • Location Information

    Direction: Please use GPS WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3427 N 2nd Street, Philadelphia, PA, 19140 $250,000 5 -- 2,180 2,180 SqFt
234 W Erie Avenue, Philadelphia, PA, 19140 $229,900 4 -- 1,064 1,064 SqFt
240 W Glenwood Avenue, Philadelphia, PA, 19140 $425,000 6 -- 2,467 2,467 SqFt
3948 N 5th Street, Philadelphia, PA, 19140 $185,000 4 -- 1,509 1,509 SqFt
4130 N 5th Street, Philadelphia, PA, 19140 $130,000 4 -- 1,482 1,482 SqFt
4630 N 5th Street, Philadelphia, PA, 19140 $399,000 7 -- 2,664 2,664 SqFt
521 W Westmoreland Street, Philadelphia, PA, 19140 $249,990 4 -- 1,320 1,320 SqFt
3542 N Randolph Street, Philadelphia, PA, 19140 $240,000 3 -- 1,200 1,200 SqFt
3245 N 6th Street, Philadelphia, PA, 19140 $209,900 3 -- 1,172 1,172 SqFt
4303 N 6th Street, Philadelphia, PA, 19140 $205,000 -- -- 1,540 1,540 SqFt

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ByOwner last updated this listing 06/25/2026 @ 15:57

MLS: PAPH2611008 LISTED BY: Katherine Vail, Elfant Wissahickon-Rittenhouse Square 215-893-9920 SOURCE: Bright MLS

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