3523 W Allegheny Ave

Philadelphie, PA 19132

FABULOUS Turn Key Investment DUPLEX. Live in one unit and rent the other to almost completely cover your mortgage OR rent them both for immediate cash flow!! Current owners did a complete renovation 2006-2009 to include all new electric, plumbing, roof and central air. Located blocks from the hot neighborhood of East Falls in the up and coming - Allegheny West neighborhood. It is blocks from Kelly Drive/The Art Museum Loop, minutes from Wissahickon Park and Belmont Plateau, quick ride to Center City by Car OR train and a hop skip and a jump to public transportation or most major highways. Front UNIT: This unit is a 1 bedroom and 1 bath unit. It offers new hardwood floors on first floor with an updated kitchen and separate access to it s own basement (not connected with other unit) where the washer and dryer can be found as well as additional storage. On the second floor is a large living room and full bath. On the third floor is a very large bedroom with a wall of windows and exposed brick wall. Back UNIT 2: This unit is a 2 bedroom and 1 bath unit. It features hip hardwood floors throughout first and second floors that were reclaimed from a local Philadelphia high school basketball court (can be sanded to remove color blocks and reveal a beautiful curly maple). On the first floor is a large and updated kitchen with spacious living room and access to the basement with washer and dryer hookups, room for storage, and door to the back yard. On the second floor is a generously sized bedroom and full bath. Third floor offers a very large bedroom with a wall of windows looking into a wooded lot. Front yard has had a garden in the past and the units can share the deep and spacious backyard. NOTE** This property may soon be granted an alleyway in the rear of the yard for the possibility of off street parking! The electric is individually metered, water is not separate but the gas is ready for an easy split. Let's talk numbers on this move-in or rent-ready duplex! Rent for 1 bedroom unit could range from 800-900 and for the 2 bedroom unit could be 950-1100 totaling a range of 1,750-2,000 in monthly rent. The owner reports the insurance is $1,972.63 and this property has incredibly low taxes of $1297/year. With a 30 year mortgage and 20% down, the monthly payment is only 1,382/month. That is between $368-$618 a month in income less gas and water if you don t split them after purchase. Don't wait, come take a look at this fabulous turn key investment opportunity before it is gone.