3500 Wellington St, Philadelphia, PA 19149
- $349,000
- 2
- BD
- 2
- BA
- 1,088
- SqFt
- List Price
- $349,000
- Days on Market
- 0
- Status
- ACTIVE
- MLS#
- PAPH2657898
- Bedrooms
- 2
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,088
- Lot Size (Acres)
- 0.03
- Style
- AirLite
- Year Built
- 1945
- County
- Philadelphia
- School District
- Philadelphia City
Property Description
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.
Additional Information
- Area
- 19149 (19149)
- Subdivision
- Mayfair
- Taxes
- $3379
- School District
- Philadelphia City
- Garage
- Yes
- Garage Spaces
- 2
- Heating
- Radiator
- Heating Fuel
- Natural Gas
- Cooling
- Ductless/Mini-Split, Window Unit(s)
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Yes
Mortgage Calculator
Listing courtesy of EXIT Elevate Realty. Contact: (215) 623-6000