Property Description

Welcome to 230 Hermitage Street, a legal two-unit property located in the highly desirable Manayunk neighborhood of Philadelphia. This well-maintained duplex presents an outstanding opportunity for both investors and owner-occupants. The upper-level Unit 2 is a spacious bi-level residence featuring 3 bedrooms and 1 bathroom and is currently owner-occupied. The lower-level Unit 1 offers a comfortable 1-bedroom, 1-bathroom layout with direct access to the backyard and is occupied by a long-term tenant currently paying $1,300 per month, providing immediate and reliable rental income. Over the last few years, the property has benefited from numerous improvements, including updated electrical wiring, exterior façade enhancements, and upgraded appliances, helping ensure both functionality and long-term value. Whether you're looking to expand your investment portfolio or take advantage of the increasingly popular "house hack" strategy by living in one unit while collecting rental income from the other, this property offers flexibility and strong potential. Ideally situated in the heart of Manayunk, residents enjoy convenient access to the neighborhood's vibrant Main Street, known for its popular restaurants, cafes, shopping, and nightlife. The location also offers easy access to public transportation, major roadways, and nearby parks, making it an attractive option for tenants and homeowners alike. Please note: The photographs used in this listing were taken back when the seller purchased the property in 2024.

Property Features

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