$390,000

6% Cap Rate | Occupied Value-Add Duplex in Point Breeze | Separate Meters | In-Unit Laundry | Patio (1st-Floor Exclusive) 2203 Ellsworth Street, 19146, is a fully occupied duplex on a quiet Point Breeze block offering immediate in-place income and clear upside for an investor or buyer seeking a rehabilitation project rather than a turnkey property. The building features a 1-bed / 1-bath first-floor unit ($1,250/month) and a 2-bed / 1-bath second-floor unit ($1,350/month), each with in-unit laundry and separate utility meters. The rear patio is exclusively for the first-floor unit, adding meaningful tenant appeal. Rehabilitation opportunity offered for future repositioning: the 1-bedroom lease is month-to-month, and the 2-bedroom lease will convert to month-to-month beginning May 2026. Current rents offer room for improvement at renewal. Conveniently located near Washington Avenue’s growing commercial corridor with easy access to Center City, University City, and I-76. Showings by appointment only.