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Eddie Jackson Jr

eddie@blueoceanrva.com +1(804) 238-9950

Listed by Ryan Gallagher • RE/MAX Access

$ 199,900

Est. payment -/mo

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2520 MEMPHIS ST Philadelphia, PA 19125

2 Beds

1 Bath

828 SqFt

UPDATED:

Key Details

Property Type Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 828 sqft

Price per Sqft $241

Subdivision Fishtown

MLS Listing ID PAPH2614870

Style Straight Thru

Bedrooms 2

Full Baths 1

HOA Y/N N

Abv Grd Liv Area 828

Year Built 1875

Annual Tax Amount $3,443

Tax Year 2025

Lot Size 756 Sqft

Acres 0.02

Lot Dimensions 14.00 x 54.00

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Rare opportunity in red-hot Fishtown/Kensington area. This unique package deal at 2518 and 2520 Memphis Street features two turnkey rental units that have been established as a duplex since the 1980s by a longtime owner. Unit 2518 is a large 1-bedroom, 1-bathroom first-floor apartment, while Unit 2520 offers a spacious 2-bedroom, 1-bathroom layout on the second floor. Both units have been updated over the last few years and are ready to generate immediate income. Savvy investors will recognize the massive value-add potential to make minor improvements and warrant significantly higher market rents. The property features separate PECO and PGW utility meters for easy tenant management, with one shared water service located at 2518. The basement houses the building mechanicals and is easily accessible from a private exterior entrance on Firth Street. Location is everything, and this property delivers. Tenants will love being just steps away from local favorites like Meetinghouse and Cook + Shaker, and just a short stroll from the vibrant Frankford Avenue corridor. Commuters are just 10 minutes from Center City and have rapid access to I-95. Both units must be sold together. The property is being sold in strictly "as-is" condition, and the seller will not accept any zoning contingencies.

Location

State PA

County Philadelphia

Area 19125 (19125)

Zoning RSA5

Rooms

Basement Full

Main Level Bedrooms 2

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Story 2

Foundation Brick/Mortar

Above Ground Finished SqFt 828

Sewer No Septic System

Water Public

Architectural Style Straight Thru

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

High Schools Kensington

School District Philadelphia City

Others

Senior Community No

Tax ID 312010700

Ownership Fee Simple

SqFt Source 828

Special Listing Condition Standard

NEARBY SCHOOLS & PROPERTIES

Eddie Jackson Jr

Principal Broker of Virginia | License ID: 0225254698

+1(804) 238-9950

Eddie Jackson Jr

2520 MEMPHIS ST Philadelphia, PA 19125

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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2520 MEMPHIS ST