Philadelphia, PA 19121,1739 W BERKS ST
Philadelphia, PA 19121,1739 W BERKS ST
Philadelphia, PA 19121,1739 W BERKS ST
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$879,000
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8 Beds
4 Baths
2,958 SqFt
New

1739 W BERKS ST Philadelphia, PA 19121

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,958 sqft

Price per Sqft $297

Subdivision Temple University

MLS Listing ID PAPH2565206

Style Side-by-Side

Bedrooms 8

Full Baths 4

HOA Y/N N

Abv Grd Liv Area 2,958

Year Built 2011

Annual Tax Amount $9,636

Tax Year 2025

Lot Size 1,258 Sqft

Acres 0.03

Lot Dimensions 17.00 x 74.00

Property Sub-Type Detached

Source BRIGHT

Property Description

Prime Temple University Investment Opportunity

EXCEPTIONAL DUPLEX INVESTMENT - Two identical, fully independent 4BR/2BA units with separate utilities. Built 2011. Walking distance to Temple University.

Booming neighborhood - property values have surged tremendously in recent years

Strong appreciation potential - area continues to experience rapid growth

🎁 $10,000 SELLER CREDIT if closed before January 31, 2025!
Key Investment Metrics:
Current Performance:

Current Rent: $3,500/month total ($1,750/unit)
Annual Income: $42,000

Market Potential:

Market Rent: $4,800/month total ($2,400/unit)
Annual Market Income: $57,600
Income Upside: $15,600/year additional potential

Operating Advantages:

Tenants pay ALL utilities - gas, water, and PECO
Ultra-low operating costs - no utility expenses

Property Features:

Two Identical Units: 4BR/2BA each (8 beds, 4 baths total)
2,958 sq ft total - 1,479 sq ft per unit
Two full unfinished basements - excellent storage or finishing potential
Modern construction (2011) with forced air heating & central AC
Washer/dryer in each unit
On-street parking

Why This Property Is a Winner:

βœ… TENANTS PAY ALL UTILITIES - Gas, water, and PECO separately metered (massive advantage!)
βœ… $15,600 UPSIDE - Currently rented $1,300/month below market
βœ… TURNKEY WITH GROWTH - Tenants in place, raise rents on renewal
βœ… BASEMENT VALUE-ADD - Finish basements to add bedrooms and boost rents further
βœ… ULTRA-LOW OPERATING COSTS - No utility bills to manage or pay
Perfect Strategy:
House Hacking:

Live in one unit, rent the other for $2,400/month
Other tenant covers your mortgage
Build equity while living rent-free

Buy & Hold Investment:

Keep current tenants through transition
Raise to market rents ($2,400/unit) upon renewal
Capture $15,600+ additional annual income
Option to finish basements for even higher rents

Location Advantages:

Prime Temple University area - blocks from campus
Access to public transit & major routes
Proven rental market with $2,400/unit comps

ACT FAST:

βœ“ Both units tenant occupied - no vacancy risk
βœ“ Tenants pay ALL utilities - gas, water, PECO (zero utility costs!)
βœ“ $15,600 rent upside at market rates
βœ“ $10,000 seller credit (expires Jan 31, 2025)

Schedule your showing today!

Location

State PA

County Philadelphia

Area 19121 (19121)

Zoning RM1

Rooms

Main Level Bedrooms 8

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Laundry Washer In Unit, Dryer In Unit

Exterior

Water Access N

Accessibility None

Garage N

Building

Story 3

Foundation Permanent

Above Ground Finished SqFt 2958

Sewer Public Sewer

Water Public

Architectural Style Side-by-Side

Level or Stories 3

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Pets Allowed Y

Senior Community No

Tax ID 321133500

Ownership Fee Simple

SqFt Source 2958

Special Listing Condition Standard

Pets Allowed Case by Case Basis


Bright MLS (BMLS)

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Stanley Francois

Stanley Francois

Agent/Team Leader & CEO | License ID: 1750744

+1(201) 467-9294

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1739 W BERKS ST