1037 FOULKROD ST Philadelphia, PA 19124

Located at 1037 Foulkrod St, Philadelphia, PA 19124, this large, versatile legally zoned duplex with a third bonus unit offers strong income potential for investors or owner-occupants seeking additional rental revenue.

The property features two spacious main units, each configured as 2 bedrooms and 2 full bathrooms, providing comfortable layouts that appeal to long-term tenants. In addition, the property includes a fully renovated 1 bedroom, 1 bathroom bonus unit, creating an opportunity for additional rental income beyond the legal duplex configuration.

The icing on the cake is that the property has a driveway for off street parking of 2 vehicles.

With multiple units and flexible living arrangements, this property presents a compelling value-add opportunity. Investors can benefit from three potential income streams, while house-hackers or owner-occupants may choose to live in one unit while renting the others.

Property Highlights:

Legally zoned duplex

3 total units (including bonus unit)

Unit 1: 2 Bed / 2 Bath - rented under market value (800 per mo) by a tenant of over 8 years

Unit 2: 2 Bed / 2 Bath - rented under market value ($900 per mo) by a tenant of over 6 years

Bonus Unit: Fully renovated 1 Bed / 1 Bath - vacant, was most recently rented for 1200 per month

Strong rental income potential

Ideal for investors or owner-occupants

Conveniently located near public transportation, shopping, and major roadways, this property sits in a growing corridor of Northeast Philadelphia.

Great opportunity to add a cash-flowing multi-unit to your portfolio.