1705 W NORRIS ST, Philadelphia, PA 19121
1705 W NORRIS ST, Philadelphia, PA 19121
1705 W NORRIS ST, Philadelphia, PA 19121
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Listed by Sam Akif • Keller Williams Main Line
$524,000
Est. payment /mo
2,394 SqFt
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Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,394 sqft

Price per Sqft $218

MLS Listing ID PAPH2664834

Style Other

Abv Grd Liv Area 2,394

Year Built 2015

Annual Tax Amount $5,456

Tax Year 2026

Lot Size 1,170 Sqft

Acres 0.03

Lot Dimensions 18.00 x 65.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

A rare opportunity to acquire a fully leased, cash-flowing duplex in one of Philadelphia's most consistently in-demand rental submarkets. Built in 2015, this duplex is ideally positioned in the heart of the Temple University area, placing it squarely in a market with deep, renewing tenant demand year after year.

Both units are currently occupied, delivering immediate, stabilized income with no lease-up risk. Unit A offers 4 bedrooms and 4 bathrooms at $2,600/month, while Unit B offers 4 bedrooms and 4 bathrooms at $2,300/month — a combined $4,900/month ($58,800/year) in in-place rental income from day one.

Beyond the numbers, the location does the heavy lifting: convenient access to public transportation and surrounding neighborhood amenities makes this the kind of address that keeps units filled and turnover low. For investors seeking a turnkey, income-producing multifamily asset with locked-in cash flow and minimal management lift, this property checks every box.

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Interior

Hot Water Electric

Heating Other

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Foundation Other

Above Ground Finished SqFt 2394

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 321152300

Ownership Fee Simple

SqFt Source 2394

Special Listing Condition Standard


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Pete Gustis

Pete Gustis

+1(610) 209-9219

REALTOR® License ID: RS-295392

REALTOR® License ID: RS-295392

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