7916 Loretto Ave, Philadelphia, PA 19111
Local realty services provided by:ERA Reed Realty, Inc.
7916 Loretto Ave,Philadelphia, PA 19111
$448,000
- 4 Beds
- - Baths
- 2,074 sq. ft.
- Multi-family
- Active
Listed by: catheleen a lazauskas
Office: j g mcsherry llc.
MLS#:PAPH2601228
Source:BRIGHTMLS
Price summary
- Price:$448,000
- Price per sq. ft.:$216.01
About this home
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....
Contact an agent
Home facts
- Year built:1960
- Listing ID #:PAPH2601228
- Added:4 day(s) ago
- Updated:April 07, 2026 at 08:49 PM
Rooms and interior
- Bedrooms:4
- Basement:Yes
- Basement Description:Full
- Living area:2,074 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s)
- Heating:Baseboard - Hot Water, Natural Gas
Structure and exterior
- Year built:1960
- Building area:2,074 sq. ft.
- Lot area:0.08 Acres
- Construction Materials:Masonry
- Foundation Description:Brick/Mortar
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$448,000
- Price per sq. ft.:$216.01
- Tax amount:$5,217 (2025)
Parking
- Parking description:On Street
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