2659 Daphne Rd

Philadelphia, PA 19131

Fantastic opportunity to own this fully occupied duplex in the desirable neighborhood of Balwynne Park. Buses into Center City right up the street (38 Bus) and a couple blocks away you can catch the 44 into Center City at City Avenue - walking distance . Desirable neighborhood close to hospitals, shopping, public transportation, St. Joe's University, Fairmount Park, West River Drive, Kelly Drive, Route 76 and Route 1. from City Avenue shopping (Target, Panera, Chipotle, etc.). 5 minute drive to Bala Cynwyd LA Fitness. Both first and second floor units are 2 bedroom, 1 bath. Each unit has it's own separate metering for electricity and natural gas. Both units are rented and tenants are on a month to month lease - 1st floor paying $950 per month and 2nd Floor paying $925 per month. Rents are below market so a rent increase is imminent, especially since other properties in the area are renting from $1200-$1400 per month. Separate washer and dryer and storage space (in basement). Plenty of street parking as well as 2 driveway parking spaces in the rear of the property. The basement has a living room, dining area, one bedroom, a bathroom and a kitchen and is fully finished with separately metered electric and a private entrance. The 1st and 2nd floor apartments have separately metered gas and electric. Property is a legally zoned Duplex. Brand new water heater for 2nd floor apartment. New roof installed 7/13/22 with 10 year transferrable warranty.