1619 ELAINE ST Philadelphia, PA 19150
1,440 SqFt
Open House
Fri Jul 31, 5:00pm - 7:00pm
Sat Aug 01, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $246
Subdivision Cedarbrook
MLS Listing ID PAPH2623470
Style Traditional
Abv Grd Liv Area 1,440
Year Built 1950
Available Date 2026-06-05
Annual Tax Amount $5,281
Tax Year 2025
Lot Size 2,342 Sqft
Acres 0.05
Lot Dimensions 30.00 x 79.00
Property Sub-Type Twin/Semi-Detached
Source BRIGHT
Property Description
Unit 1 is a tenant occupied and will be delivered vacant, unit features 1-bedroom, 1-bath. Unit 2 is an owner occupied 2 bed, 1 bath unit, presenting an ideal house-hack opportunity or the ability to lease both units for increased cash flow. Based on current market conditions, investors can project approximately $32,000-$36,000 in annual gross rental income. For investors utilizing the Housing Choice Voucher (Section 8) program, current payment standards for this area are approximately $1,420-$1,660 per month for comparable 1 and 2 bedroom units, offering additional income potential.
Separate electric meters, basement storage, a shared laundry area, fenced outdoor space, a 2-car garage, and additional driveway parking provide convenience and functionality rarely found at this price point.
Conveniently located within walking distance to public transportation, shopping, and dining, with quick access to Montgomery County and Arcadia University. Whether you're looking to expand your investment portfolio or offset your mortgage through rental income, this property offers a strong, move-in-ready opportunity with minimal deferred maintenance and immediate upside.
Location
State PA
County Philadelphia
Area 19150 (19150)
Zoning RSA3
Rooms
Basement Garage Access, Rear Entrance, Unfinished, Walkout Level
Interior
Hot Water Natural Gas
Heating Radiator, Forced Air
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Parking Features Garage - Rear Entry
Garage Spaces 2.0
Water Access N
Roof Type Flat
Accessibility None
Attached Garage 2
Total Parking Spaces 2
Garage Y
Private Pool No
Building
Foundation Concrete Perimeter
Above Ground Finished SqFt 1440
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 501495700
Ownership Fee Simple
SqFt Source 1440
Acceptable Financing Assumption, Cash, Conventional, FHA, Private, VA
Listing Terms Assumption, Cash, Conventional, FHA, Private, VA
Financing Assumption,Cash,Conventional,FHA,Private,VA
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES
Operations Emily & Co
Director of Operations