771 S 8th St

Philadelphia, PA 19147

Fantastic Duplex in high demand Bella Vista! Zoned as a duplex, a cheerful brick exterior and classic navy blue door greet you. Entrance with tile floors and exposed brick. The 1st floor unit is a 2 bedroom, 1 bath. Ideal for rental income, an in-law suite, or caregiver suite. Basement access, hardwood floors throughout, large living room, washer & dryer, and eat-in-kitchen. Exit to yard/ patio area with access from rear street. Clean and dry cement basement with separate gas and electric meters, street access, and storage. 2nd & 3rd floor unit features 4 bedrooms, 3 full baths. Large vestibule entrance, able to accommodate bicycles, strollers, etc. Open concept floor plan with Kitchen, Living Room, and Dining area. Gourmet kitchen features 12+ feet long kitchen island with plenty of storage and 2nd sink, plus 16 additional feet of counter space, convection oven, recessed lighting, under cabinet lighting, trash compactor, built in ceiling speakers, and bonus pantry storage. Spacious living room with gleaming wood floors. Gas line installed making it ready for a fireplace. The additional family room on the 2nd floor behind the kitchen can be used as a 4th bedroom with en-suite 3/4 bath. Upstairs to the 3rd floor, the Main bedroom suite has a 9' x 5'8 bonus room that can be used as a walk-in closet, office, or nursery. Washer and Dryer placed conveniently next to bedrooms. Hall linen closet for additional storage options. This home has several outdoor space options for bbq'ing or enjoying nights with a backyard patio space and 2 balconies that overlook Palumbo Park. Leased 2.5 Kilowatt Solar Panel System on the roof adds to value by reducing the monthly electric bill by roughly $40. New water heater installed in 2019. Great opportunity for investors! Current comparable duplexes in the area rent for approximately $4800 ($1800 1st floor unit, $3000 2nd & 3rd floor unit). Property situated in the heart of Bella Vista with a prime location, convenient to South Street, Delaware River waterfront, Center City, Italian Market, parks, shops, restaurants, and major thoroughfares. Located within the award winning and highly coveted William Meredith School Catchment.