6% Cap Rate | Occupied Value-Add Duplex in Point Breeze | Separate Meters | In-Unit Laundry | Patio (1st-Floor Exclusive) 2203 Ellsworth Street, 19146, is a fully occupied duplex on a quiet Point Breeze block offering immediate in-place income and clear upside for an investor or buyer seeking a rehabilitation project rather than a turnkey property. The building features a 1-bed / 1-bath first-floor unit ($1,250/month) and a 2-bed / 1-bath second-floor unit ($1,350/month), each with in-unit laundry and separate utility meters. The rear patio is exclusively for the first-floor unit, adding meaningful tenant appeal. Rehabilitation opportunity offered for future repositioning: the 1-bedroom lease is month-to-month, and the 2-bedroom lease will convert to month-to-month beginning May 2026. Current rents offer room for improvement at renewal. Conveniently located near Washington Avenue’s growing commercial corridor with easy access to Center City, University City, and I-76. Showings by appointment only.
Listed By
Agency Name: BHHS Fox & Roach The Harper at Rittenhouse Square
Agency Phone: 2155460550
Shown By
Agency Title: Duffy Real Estate, Inc.
Agency Phone: 610-667-6655
Estimated Payment
$ 2,329.68 per month $1,870.60 Principal & Interest $345.33 Property Tax $113.75 Homeowner's Insurance
2203 Ellsworth Street | MLS# PAPH2583330
This multi-family property located at 2203 Ellsworth Street, Philadelphia, PA 19146 is currently listed for sale with an asking price of $390,000. Ellsworth Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.duffyrealestate.com today.