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William Mercogliano III

themercteam@gmail.com +1(856) 472-9836

Listed by Jim Comly • LPT Realty, LLC

$350,000

Est. payment - /mo

2,062 SqFt

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Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,062 sqft

Price per Sqft $169

MLS Listing ID PAPH2603248

Style Straight Thru

Abv Grd Liv Area 2,062

Year Built 1940

Annual Tax Amount $1,872

Tax Year 2025

Lot Size 1,500 Sqft

Acres 0.03

Lot Dimensions 15.00 x 100.00

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

PRICE IMPROVEMENT *** Fully renovated income-producing duplex with a 10 year tax abatement, in the heart of North Philadelphia, ideally positioned near Temple University and its key institutions including the Maurice H. Kornberg School of Dentistry, Temple University School of Pharmacy, and Temple University Hospital.

This turnkey property was completely renovated in 2026 and offers two spacious units, perfect for investors or owner-occupants seeking strong rental potential with a 9% cap rate.

First Floor Unit:
Expansive 4-bedroom, 2-bath layout featuring modern finishes, open living space, and convenient in-unit washer and dryer.

Second Floor Unit:
Well-designed 3-bedroom, 1-bath unit with updated interiors, efficient layout, and in-unit laundry.

Both units are fully electric, offering ease of maintenance and utility efficiency. Renovations include updated kitchens, baths, flooring, and systems, providing a low-maintenance investment opportunity.

Located just minutes from the Broad Street Line, this property offers quick and convenient access to Center City, making it highly attractive to students, faculty, and medical professionals.

Highlights:

Fully renovated in 2026
4 bed / 2 bath + 3 bed / 1 bath configuration
All-electric systems
In-unit washer & dryer in both units
Strong rental demand area near Temple University campus and hospital
Easy access to public transportation

A prime opportunity to own a modernized duplex in a high-demand rental corridor with excellent proximity to major educational and medical institutions.

Location

State PA

County Philadelphia

Area 19140 (19140)

Zoning RM1

Interior

Hot Water Electric

Heating Heat Pump - Electric BackUp

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Water Access N

Roof Type Rubber

Accessibility None

Garage N

Building

Foundation Stone

Above Ground Finished SqFt 2062

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 431173400

Ownership Fee Simple

SqFt Source 2062

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

Virtual Tour https://www.zillow.com/view-imx/85bf0214-98f9-46c4-ad4b-7a17934b1452?wl=true&setAttribution=mls&initialViewType=pano

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William Mercogliano III

+1(856) 472-9836

Broker Associate | License ID: 0893537

Broker Associate License ID: 0893537

3265 N PARK AVE Philadelphia, PA 19140

William Mercogliano III

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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