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$448,000
New Listing

7916 LORETTO AVENUE
PHILADELPHIA, PA 19111

For Sale|Duplex|Active
4
Beds
0
Total Baths
2,074
SqFt
$216
/SqFt
1960
Built
County:
PHILADELPHIA
Listing courtesy of J G McSherry LLC
7916 LORETTO AVENUE7916 LORETTO AVENUE7916 LORETTO AVENUE7916 LORETTO AVENUE
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Monthly Payment (Est.)

$2,044
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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, 2026, 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.

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Listing Snapshot
Price 
$448,000
Days On Site 
0 Days
Bedrooms 
4
Inside Area (SqFt) 
2,074 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.08 Acres
Year Built 
1960
MLS® Number 
PAPH2601228
Status 
Active
Property Tax 
$5,217
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
4 hours agoListing updated with changes from the MLS®
4 hours agoListing first seen on site
General Features
Acres 
0.08
Foundation 
Brick/Mortar
Parking 
On Street
Property Sub Type 
Duplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
2074
SqFt Total 
2074
Style 
Other
Water Source 
Public
Zoning 
RSA3
Interior Features
Appliances 
Gas Water Heater
Basement 
Full
Cooling 
Ceiling Fan(s)
Heating 
Natural GasBaseboard
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Exterior Features
Pool Features 
None
Community Features
MLS Area 
19111 (19111)
School District 
PHILADELPHIA CITY
Schools
School District
PHILADELPHIA CITY
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of J G McSherry LLC



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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