Positioned in the rapidly appreciating Graduate Hospital / Point Breeze corridor of Philadelphia, this fully operational, income-producing duplex offers a rare opportunity to acquire a proven, turnkey asset with immediate cash flow and long-term tax advantages. Designed for both flexibility and performance, the property features two completely independent residences with separate entrances, allowing each unit to function as its own private home. Each level spans approximately 1,500 square feet, delivering generous layouts rarely found in comparable multifamily properties. The upper residence offers a 3-bedroom, 3-bath configuration, complete with a private deck and can be delivered fully furnished. Currently operating as a successful short-term rental, this unit boasts documented income, strong guest reviews, and consistent occupancy, with future bookings already in place, allowing the next owner to step directly into an established revenue stream. The lower residence features a well-appointed 2-bedroom, 2-bath layout with access to a private backyard, ideal for owner-occupancy, long-term rental, or additional short- or mid-term income generation. What sets this property apart is not just its design, but its performance and financial efficiency. With approximately 7 years remaining on the Philadelphia 10-Year Tax Abatement, ownership benefits from significant ongoing tax savings, enhancing overall returns. Whether you are an investor seeking a plug-and-play short-term rental asset, or a buyer looking to live in one unit while generating income from the other, this property delivers unmatched versatility. With proven income history, forward bookings, and operational systems already in place, this is not a concept, it is a business already in motion. A rare opportunity to acquire a performing asset with built-in income, tax advantages, and long-term upside in one of Philadelphia’s most dynamic neighborhoods. Schedule your private showing today!
Exterior features: Lighting, Sidewalks, Street Lights, Rain Gutters
Pool features: None
Has view: Yes
View description: City
Lot
Size: 871 Square Feet
Features: Downtown
Details
Additional structures: Above Grade, Below Grade
Parcel number: 361333400
Zoning: RSA5
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Contemporary
Property subtype: Townhouse
Materials
Masonry, Brick
Foundation: Block
Roof: Flat
Condition
Excellent
New construction: No
Year built: 1915
Major remodel year: 2023
Utilities & green energy
Electric: 200+ Amp Service
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Subdivision: Point Breeze
Location
Region: Philadelphia
Municipality: PHILADELPHIA
Financial & listing details
Price per square foot: $300/sqft
Tax assessed value: $244,500
Annual tax amount: $3,422
Date on market: 4/25/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Inclusions: All Appliances From Both Units, Unit A (top Unit): Everything Included, Unit B (bottom Unit): Office Furniture, Bedroom Furniture, Tv Stand. (all Items Are Negotiable)
Exclusions: Unit B (bottom Unit): Artwork And Livingroom Furniture