This completely remodeled duplex in Chestnut Hill is a great investment for the savvy landlord. Six years ago the property was taken down to the studs and renovated from top to bottom. Located on the corner of Ardleigh and Benezet Streets, the property boasts both positive cash flow and the opportunity for long-term appreciation in value due to its location on an excellent block in a coveted area of Philadelphia. The building is close to the train station and grocery, and also within walking distance of all the quaint shops and restaurants that Chestnut Hill has to offer. Both apartments are currently rented at $2,050 per month with stable tenants (leases and rent ledger to be provided to buyer). Tenants pay for their own gas and electricity usage. Each unit has two generously sized bedrooms and two bathrooms, as well as an open plan for the living room, dining and kitchen areas. The living room floors are hardwood and the kitchen floors are ceramic tile. Each kitchen is also equipped with beautiful wood cabinets and stainless steel appliances including a refrigerator, dishwasher, gas burner stove and built-in microwave, as well as quartz countertops and custom hardwood counter for the center island with room for bar stools. Each bathroom has a ceramic tile floor and each unit has at least one walk-in shower in one of the two bathrooms. Both the kitchen and the bathrooms in the first-floor unit were specifically designed for handicapped accessibility. Each master bedroom has a large walk-in closet. The upstairs unit was freshly painted and carpeted and has additional space and amenities including a Ring doorbell (with camera), additional mudroom and laundry room, plus curtains and window blinds installed. And to top it all off, the upstairs unit has its own deck off the kitchen for summer dining and entertainment. The new HVAC system is efficient providing both air conditioning and gas heat. The new tankless gas water heaters provide hot water on demand without the necessity for storage of hot water and eliminate the annoyance of pilot lights going out. Ample street parking is readily available for tenants and visitors. This investment property will not last long so do not delay. Please see the walk-through videos and photographs. Only serious buyers with a mortgage pre-approval or a proof of funds letter will be permitted a showing. Tenants are not to be disturbed.
Listing courtesy of Long & Foster Real Estate, Inc.. Contact: (215) 643-2500Selling Office: .