1619 Elaine St, Philadelphia, PA 19150

$359,000
1,440
SqFt

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List Price
$359,000
Days on Market
26
MLS#
PAPH2663110
Status
ACTIVE
Type
Multifamily
Style
Traditional
Year Built
1950
County
Philadelphia
Region
19150 (19150)
Neighborhood
Cedarbrook
Subdivision
Cedarbrook

Property Description

Welcome to 1619 Elaine St. A Renovated Philadelphia Duplex with Income Potential, 2-Car Garage, Parking & Outdoor Space. Discover the possibilities at 1619 Elaine St, a well-maintained duplex offering the rare combination of move-in-ready living, rental income potential, private parking, and flexible ownership options. Whether you're looking to build your investment portfolio, create a house-hacking opportunity, or secure a property with multiple income-producing options, this versatile multifamily property is ready for its next chapter. Renovated in 2022, the property features modern kitchens with granite countertops, stainless steel appliances, luxury vinyl plank flooring, updated tile bathrooms, and refreshed interiors. A newer roof, replaced in 2023 with a transferable warranty, adds another valuable improvement for the next owner. The property offers a 1-bedroom, 1-bath unit and a 2-bedroom, 1-bath unit, creating flexibility for an investor, extended household, or owner-occupant seeking to offset housing costs with rental income. The opportunity doesn't stop at the interiors, separate electric meters, basement storage, shared laundry, a fenced outdoor area, a 2-car garage, and additional driveway parking add functionality and value that can be difficult to find in a duplex at this price point. For the investor, the two-unit configuration creates the potential to generate income from both residences while benefiting from improvements already completed. For the owner-occupant, one unit can provide a place to live while the other helps contribute toward the cost of ownership. With the right strategy, this property can be more than a home—it can become a long-term wealth-building asset. Located near public transportation, shopping, dining, major roadways, Montgomery County, and Arcadia University, the property offers convenient access to everyday amenities and surrounding communities. A renovated duplex, multiple income possibilities, a 2-car garage, parking, outdoor space, and a location designed for convenience. 1619 Elaine St is an opportunity to see what your next property can become.

Additional Information

Acres
0.05
Lot Size
2,178
Living Area
1,440
Roof
Flat
Cooling
Central A/C
Heating
Radiator, Forced Air
Basement
Yes
Taxes
$5,281

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Listing courtesy of Real of Pennsylvania. Contact: 8554500442