643 Washington Ave

Philadelphia, PA 19147

Great opportunity to own a rarely offered CMX-2 duplex on Washington Avenue! This extremely well maintained property consists of two units. First floor unit is currently set up as a doctors office but can easily be converted back to a very large one bedroom apartment. Enter into a reception area that leads you to two back rooms and a very large kitchen and half bath. This unit also has rear yard access as well as to the very clean basement where the water heaters, main breakers and washer and dryer are. Separately metered electric and gas for each unit. There is also separate basement access from the front of the building. Second and third floor consists of a bi-level two bedroom apartment with the kitchen, living room and bathroom on the second floor as well as access to a roof top balcony with potential to build a deck and two spacious bedrooms on the third floor. This is an income producing with long term potential. Has flexibility to be owner occupied, keep as is, or renovate and lease out. Currently unoccupied but can produce up to $3000/month in income which would yield a 6%+ cap rate. A great investment! Prime location right on Washington avenue in an extremely walkable area right across from the First Oriental Market, walking distance to the Italian Market, Passyunk Square, shopping, dining, public transportation & major highways. Vacant and very easy to show. Make your appointment today! All square footage numbers are approximate and should be verified by the buyer. It is the responsibility of the buyer to verify real estate taxes.