3053 N 8th St, Philadelphia, PA 19133

Welcome to 3053 N 8th Street, a fully renovated and legally zoned RM-1 multifamily duplex offering investors the opportunity to acquire a turnkey, income-producing asset in one of Philadelphia's evolving rental markets. With approximately 1,400 square feet, this two-unit property features a 2-bedroom, 2-full-bathroom first-floor unit and a 2-bedroom, 1-full-bathroom second-floor unit, creating highly desirable layouts that continue to attract strong tenant demand.nnEach unit has been thoughtfully renovated with finishes designed to appeal to today's tenants while providing long-term durability and peace of mind for investors. Recent improvements include brand-new plumbing, updated electrical systems, new HVAC components, central air conditioning, forced-air heating, brand-new windows, luxury vinyl flooring throughout, stainless steel GE appliances, and in-unit stainless steel GE washers and dryers. The highly desirable two-bedroom, two-bathroom floor plan offers exceptional flexibility for roommates, young professionals, couples, and small households, while the additional full bathroom in each unit creates a significant advantage compared to many competing rental properties in the surrounding area.nnFor investors, the greatest advantage is that the income is already in place. Both units are leased beginning September 1, generating approximately $2,849 in monthly rental income, or $34,188 annually. Combined with annual property taxes of approximately $1,300, the property prese