4115 Brown St, Philadelphia, PA 19104

$415,000
1,772
SqFt

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List Price
$415,000
Price Change
▼ $5,000 1776970812
Days on Market
453
Status
ACTIVE
MLS#
PAPH2467142
Living Area
1,772
Lot Size (Acres)
0.04
Style
Other
Year Built
1915
County
Philadelphia
School District
The School District Of Philadelphia

Property Description

Located in Philadelphia’s rapidly evolving Belmont neighborhood, this fully renovated duplex presents an excellent turnkey investment opportunity in one of West Philadelphia’s most promising growth corridors. Just minutes from Drexel University’s ongoing westward expansion, major institutional investment, and continued residential and mixed-use development, the area has seen increasing demand from renters seeking proximity to University City, Center City, and Fairmount Park. Renovated only a few years ago, the property is in excellent condition and features modern finishes throughout, including stainless steel appliances, hardwood-style flooring, tiled backsplashes, contemporary fixtures, and in-unit laundry in both apartments. The building is currently fully occupied, with Unit 1 offering a 2-bedroom, 2-bathroom layout rented at $1,635 per month and Unit 2 a spacious 3-bedroom, 3-bathroom unit rented at $1,910 per month, for a total of $43,500 in annual income. The property also benefits from a tax abatement with approximately four years remaining, enhancing cash flow. One or both units include subsidized (PHA) rental income, providing added stability and consistency for investors. With continued neighborhood revitalization, institutional growth tied to Drexel and University City, strong transit accessibility, and rising rental demand, Belmont is increasingly recognized as an emerging investment hotspot, positioning this duplex as both a solid income-producing asset and a long-term appreciation play.

Additional Information

Area
19104 (19104)
Subdivision
Belmont
Taxes
$5902
School District
The School District Of Philadelphia
Heating
90% Forced Air
Heating Fuel
Natural Gas
Cooling
Central A/C
Water
Public
Sewer
Public Sewer

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Listing courtesy of BHHS Fox & Roach-Center City Walnut. Contact: (215) 627-6005