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7916 LORETTO Ave, Philadelphia, PA 19111

Sqft
2,074

View property features, location on map, relevant school information and overview from seller's agent.

Listed byJ G McSherry LLC
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Overview

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.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
2,074
Lot size (acres)
0.08
Year built
1960

Interior features

Basement
Yes

Exterior features

Horse amenities
Stable

Utilities

Heating
Natural Gas
Cooling
Ceiling Fans

Taxes

Tax Annual Amount (2025)
$5,217

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Bright MLS MLS®#: PAPH2601228 Last checked:

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