224 W Ontario St

Kensington, Philadelphia, PA 19140

This duplex has been purchased, renovated, and stabilized by the current owners with plenty of upgrades including granite kitchen countertops in both units, stainless steel appliances (refrigerator, dishwasher, and stove) in both units, and a poured backyard concrete slab to create an inviting outdoor space and so much more. This duplex is zoned RM-1 residential multi-family and has an active renters license. There are separate gas and electric meters for each unit and tenants pay both their own gas and electric bills. The owner currently pays the water and there are rent rolls available. Unit 1 is occupied by a long term tenant paying $915 a month. It offers a cozy yet stylish 1-bedroom layout adorned with luxury vinyl plank flooring throughout. Upon entering you're greeted by a spacious living room opening to the kitchen. The updated kitchen features white cabinets, granite countertops, and stainless steel appliances. The generously-sized bedroom offers ample space and grants access to the fenced-in back patio. The bathroom features a convenient stall shower. Unit 2 is occupied by an excellent tenant paying $925 a month. Upon entering, you'll discover a 2-bedroom residence also featuring luxury vinyl flooring throughout. The primary bedroom showcases large windows and abundant closet space. The second bedroom offers generous dimensions and the updated kitchen also features granite countertops, white cabinets, and stainless steel appliances. The bathroom has a tiled tub/shower combo. Completing this investment opportunity is the unfinished basement, offering ample storage space or the potential to add laundry facilities, further enhancing the property's appeal and value.