7916 Loretto Ave, Philadelphia, PA 19111

Property Description

Well-maintained detached duplex investment opportunity in the Rhawnhurst section of Northeast Philadelphia, offering immediate cash flow with clear upside potential. This two-unit property features (2) spacious 2-bedroom / 1-bath layouts, totaling approximately 2,074 SF on a 3,373 SF lot, with durable brick construction. The property is 100% occupied, generating $2,450/month in current gross rent. One unit is leased through May 31, 2027, providing income stability, while the second unit is month-to-month, creating a near-term opportunity to adjust rents to market. Based on current market conditions, comparable two-bedroom units in the immediate area are achieving higher rental rates, presenting a mark-to-market opportunity for increased income. This makes the property well-suited for investors seeking a balance of in-place cash flow and future growth. Located in a stable, demand-driven rental corridor with convenient access to Castor Avenue, Roosevelt Boulevard, shopping, and public transportation. The detached layout offers added tenant appeal and operational simplicity. Zoned RSA3. Annual taxes approximately $5,217. Property is not located in a flood hazard area. Ideal for investors or owner-occupants looking to offset expenses with rental income. Offered at $448,000.