5836 Chestnut St, Philadelphia, PA 19139
Local realty services provided by:Mountain Realty ERA Powered
Listed by: maria maria quattrone quattrone
Office: re/max @ home
MLS#:PAPH2566040
Source:BRIGHTMLS
Price summary
- Price:$250,000
About this home
West Philadelphia Duplex – Move-In Ready Multi-Family Investment!
This well-maintained 2-unit duplex in a desirable West Philadelphia neighborhood is an excellent opportunity for investors or owner-occupants. The first floor is currently occupied with 2 bedrooms and 1 bathroom, renting for $850/month on a month-to-month lease. The second floor, also 2 bedrooms and 1 bathroom, is vacant and has been recently renovated with new laminate floors, a modern kitchen, and fresh paint, previously renting for $850/month.
Both units have separate gas and electric, individual hot water heaters and heating systems, and forced air heating. Landlord pays for water. The basement offers potential to create an additional apartment, increasing rental income. The duplex has an active rental license for two units.
Conveniently located just five minutes from the Market-Frankford Line (MFL) 60th Street Station, providing easy access between Frankford Transportation Center and 69th Street Transportation Center. The area also features a Walk Score of 85, meaning most errands can be accomplished without a car, and a Bike Score of 90, reflecting excellent biking infrastructure. Nearby parks include Haddington Park, Haddington Recreation Center, and Cobbs Creek.
This property qualifies for CRA financing 3% down, no PMI, and interest rate lower than FHA.
Lastly, Key Bank is offering a 5K credit for this property which can be tied in with the Philly First 10K grant. The 5K credit can be applied toward closing costs or to prepay mortgage, flood/hazard insurance, escrow deposit, real estate taxes, or per diem interest.
13-month HWA home warranty will be included with acceptable offer.
This duplex offers turnkey rental income potential with added upside from the basement, making it a rare and valuable investment opportunity in West Philadelphia. Schedule your showing today!
Contact an agent
Home facts
- Year built:1925
- Listing ID #:PAPH2566040
- Added:1 day(s) ago
- Updated:December 16, 2025 at 12:14 AM
Rooms and interior
- Bedrooms:4
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1925
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$250,000
- Tax amount:$1,408 (2025)
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