Bought with Torri J Green • KW Empower
$210,000
$219,900
4.5%For more information regarding the value of a property, please contact us for a free consultation.
2656 S SHIELDS ST Philadelphia, PA 19142
960 SqFt
Key Details
Sold Price $210,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 960 sqft
Price per Sqft $218
Subdivision Elmwood Park
MLS Listing ID PAPH2538942
Sold Date 06/26/26
Style Straight Thru
Abv Grd Liv Area 960
Year Built 1925
Annual Tax Amount $2,137
Tax Year 2025
Lot Size 1,472 Sqft
Acres 0.03
Lot Dimensions 16.00 x 92.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Price Improvement! Move in- ready vacant legally zoned duplex offering an excellent investment or owner-occupant opportunity. Both units are fully updated with upgraded kitchens, baths, flooring and stainless steel appliances. Featuring a 1-bed, 1-bath unit on the first floor which includes a sizable basement with projected rents $900/month. Second floor gets great natural light and consists of 2-bed, 1 bath with projected rents $1100/month. Monthly Income up to $2000/month. Annual Gross Income up to $24,000. With 20% down and estimated all in payments between $1400-1450 this property stands out as a true house hack and a strong entry-level investment with immediate cash flow potential. This property is ideal for: Buy-and-hold investors seeking steady cash flow with upside or Owner-occupants looking to live in one unit while renting the other. Conveniently located in a high-demand area in close proximity to major highways I-95 and I-76 and public transit. For owner occupants, the rental income from one unit can significantly offset your mortgage or living expenses. Live in one unit and rent the other or rent both and start collecting returns to maximize potential.
Location
State PA
County Philadelphia
Area 19142 (19142)
Zoning RM1
Rooms
Basement Partial
Interior
Hot Water Electric
Heating Baseboard - Electric, Other
Cooling Ceiling Fan(s), Window Unit(s)
Equipment Stainless Steel Appliances
Fireplace N
Appliance Stainless Steel Appliances
Heat Source Electric, Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Other
Above Ground Finished SqFt 960
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 406034100
Ownership Fee Simple
SqFt Source 960
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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