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5538 Master Street

Philadelphia PA 19131

3
2162 sq. ft.
1215 sq. ft.
Duplex
Currently for sale - view listing

Overview

Welcome to 5538 Master Street - an exceptional fully renovated duplex in the heart of West Philadelphia. This duplex is situated in a high rental demand area just two blocks from Lancaster Avenue and one block in between Girard Avenue and Lansdowne Avenue, offering excellent access to public transportation, shopping, and neighborhood amenities. This low maintenance property features a modern 2-bedroom, 1-bath unit on the upper level with potential for market rent between $1,250-$1,350 and a 1-bedroom, 1-bath unit on the first floor with potential market rent between $1,000-$1,100. This makes it an excellent opportunity for a house hacker, owner-occupant, or savvy investor. Both units have recently been refreshed and both vacant, ready to move in. Both units offers flexibility for owner occupancy or additional cash flow. Fully renovated down to the studs in 2021 this duplex was redone with modern mechanicals/systems, updated finishes, and a thoughtful layout throughout. This turn-key duplex combines comfort, convenience, and income potential in a prime location. Whether you're a seasoned investor looking to add to your portfolio or a first time home buyer looking to enter the market, this is a fantastic opportunity to own a renovated multi-family property in a thriving area of the city. All offers are welcome!

Features

3 bedrooms
2162 sq. ft. floor area
1215 sq. ft. lot size
Duplex

Property history for 5538 Master Street

2021
Sold
$222,600
29 Jan 2021 by Garrett Norton, of Keller Williams Philadelphia

Happy sellers in Philadelphia

90%
90% of sellers in Philadelphia reported that their sale price either exceeded or met their price expectations.

Philadelphia stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Philadelphia over the last 12 months.

Local market activity for 3 bedroom duplexes in Philadelphia

In the last 12 months, 4 three-bedroom duplexes similar to 5538 Master Street, have been sold.

This represents a 72% increase in three-bedroom duplexes sales when compared to the previous 12 months.

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