About 735 N Philadelphia
Turnkey, fully renovated duplex generating $7,200 per month in gross rental income. Situated on a 7,841 square foot lot, this exceptional investment features two detached homes, both extensively remodeled and fully leased. The property has undergone significant capital improvements, including new plumbing, a new roof, new windows, fresh exterior paint, and new hardscape, providing a low-maintenance investment for years to come. Utilities include three electric meters, two gas meters, and one water meter. A detached two-car garage and additional alley-access parking offer ample parking options. Architectural plans and supporting documents for an ADU conversion are complete and on hand, ready for submission to the City, presenting an outstanding value-add opportunity for future income potential (buyer to verify all plans, permits, and development requirements). This is a rare opportunity to acquire a stabilized, income-producing property with immediate cash flow and significant upside.
