635 W PARK LN Philadelphia, PA 19144

This is a 1950's brick 2-story building in Blue Bell Hill--built as a duplex with separate entrances, separate utilities, 2-car garage. Good systems. Great location a few steps from the Wissahickon Park and RittenhouseTown, a quick bike ride to D'Alessandro's Steaks, a 15 minute car ride to Center City Philadelphia. The location is golden and will always draw tenants. Currently fully occupied. Modest rents, could be higher.
1st floor: 2 bedrooms, 1 bath, rent $1,025/month, plus gas and electric, including use of 1-car garage and shared washer and dryer in the basement. Year's lease ending May 31, 2023.
2nd floor: 2 bedrooms, 1 bath, rent $1,050/month, plus gas and electric, including use of 1-car garage and shared washer and dryer in the basement. Year's lease ending May 31, 2023.
These tenants have been renting their apartments for several years and have been both cordial and always pay on time. Their leases say they get $50 off their rent each month that they pay on time.
Roof new in 2015, coated 2022; front roof facade re-built 2018; sidewalks replaced; retaining wall re-built 2022; hot water heaters, one in 2014, one in 2022; both boilers serviced 2022; all windows new in 2004. Each apt has its own 100 AMP circuit breaker electric panel box. See Seller disclosure and annotated inspection report posted here. Owner is licensed realtor.
Settlement date negotiable. Day before notice for showings. Showings will start thursday, 5/5/22.