3500 Wellington Street Philadelphia, PA 19149

$349,000
2
Beds
2
Baths
0.03
Acres
1,088
SQFT
321
$/SQFT
$349,000
2
Beds
2
Baths
1,088   sf
$321 / sf
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Welcome to 3500 Wellington Street, a well-maintained duplex located in the desirable Mayfair section. This income-producing property features two 1-bedroom, 1-bathroom units, making it an excellent opportunity for both investors and owner-occupants.Unit 1 is vacant and move-in ready, allowing an owner to occupy the property immediately or generate rental income of $895 per month (Previous Rental amount). Unit 2 is currently tenant-occupied and rented at $800 per month, providing immediate cash flow with additional upside since the rent is below current market value.The property offers separately metered utilities for each unit, with the exception of water, helping to reduce operating expenses. Situated on a corner lot, the home benefits from additional outdoor space and enhanced curb appeal.A rare bonus is the attached car garage along with a rear driveway that accommodates two additional vehicles, providing ample off-street parking for tenants or owners.Whether you're looking to expand your investment portfolio, generate passive income, or offset your mortgage by living in one unit while renting the other, 3500 Wellington Street offers flexibility, strong long-term potential, and immediate income in a convenient location.

Welcome to 3500 Wellington Street, a well-maintained duplex located in the desirable Mayfair section. This income-producing property features two 1-bedroom, 1-bathroom units, making it an excellent opportunity for both investors and owner-occupants.Unit 1 is vacant and move-in ready, allowing an owner to occupy the property immediately or generate rental income of $895 per month (Previous Rental amount). Unit 2 is currently tenant-occupied and rented at $800 per month, providing immediate cash flow with additional upside since the rent is below current market value.The property offers separately metered utilities for each unit, with the exception of water, helping to reduce operating expenses. Situated on a corner lot, the home benefits from additional outdoor space and enhanced curb appeal.A rare bonus is the attached car garage along with a rear driveway that accommodates two additional vehicles, providing ample off-street parking for tenants or owners.Whether you're looking to expand your investment portfolio, generate passive income, or offset your mortgage by living in one unit while renting the other, 3500 Wellington Street offers flexibility, strong long-term potential, and immediate income in a convenient location.

  • Neighborhood
  • Type
  • Total Baths
  • County
    Philadelphia
  • Area
    19149
  • Tax Amount
    $3,379
  • Status
    Active
  • Listing #
    PAPH2657898
  • Built
    1945
  • Lot Size
    0.03
  • Listed on site
    15 days
  • Listing Agent Id
    302168759545

Listed by:
EXIT Elevate Realty

Source:
BRIGHT MLS

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Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • Has garage
  • No Pool
  • Basement

Interior Features

  • Main Floor Bedroom

Style

  • End Unit
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