4340-42 Cresson St

Philadelphia, PA 19127

Amazing opportunity to own this Commercial Duplex/ investment property on extra-large double wide corner lot in Manayunk. Located steps away from Main Street! Both units are tenant occupied. The Cresson St. unit has two nicely sized bedrooms, one full bath, eat in kitchen, living room and walk in closet, laundry room. The Grape St. unit has 3 bedrooms, 2 full bathrooms, generously sized eat in kitchen, dining room with gas fireplace. Spacious rooms give you a more industrial modern vibe with its expansive living room ceilings, exposed duct work, wet bar, and a third-floor loft/3rd bedroom. Both units equipped with central air and gas heat. There is a full basement with separate entrance that could also be rented out or used for storage. Two units generate $3,100 in monthly income (rent is under current market value - and has not been increased for 3 years). So, sit back and have those rents pay your mortgage and watch your investments grow in Manayunk?s prime location. This property is perfect for an investor, possible storefront / small business location or the house hacking extraordinaire looking to have housing expenses paid by tenants.The property has favorable zoning designation CMX-2.5 that permits a variety of commercial uses including Office, Retail, Professional Services, Art Studio and many more options. Current tenant lease expires 8/2022.