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Phil Di Ruggiero

[email protected] +1(202) 725-2250

Listed by James F Roche Jr. • KW Empower

$ 438,500

Est. payment -/mo

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507 COBBS CREEK PKWY Philadelphia, PA 19143

2,791 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,791 sqft

Price per Sqft $157

Subdivision Cobbs Creek

MLS Listing ID PAPH2510282

Style Traditional

Abv Grd Liv Area 1,867

Year Built 1925

Annual Tax Amount $1,380

Tax Year 2024

Lot Size 1,794 Sqft

Acres 0.04

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

Over 2700SqFt Fully Renovated Legal Duplex in Cobbs Creek – Ideal for Investors / Owner-Occupants! Welcome to 507 Cobbs Creek Parkway — a completely renovated, park facing duplex offering modern living, strong rental income potential, and the opportunity to live in one unit while renting the other. Perfectly suited for both savvy investors and first-time buyers, this turnkey property features a large 3 bedroom, 2.5 bath and a spacious 2-bedroom 1 bath unit. Each unit was thoughtfully updated with high-end finishes and contemporary comfort in mind. If you're an investor, this handsome asset will be your best yet. All systems were updated with the renovation. All utilities are separately metered. Property values in the 19143 Zip code have increased by 15.5% year over year. The city has invested $15+ million into the improvement of the Cobbs Creek recreation center, and nearby parks and trails. The future is bright. Owner Occupants! Enjoy an expansive living room and kitchen for your use, with enough cabinet, counter and table space for your family and future hosting. The basement unit has a separate entrance. Can someone say house hack? Life is sweet. Property Highlights: Each unit boasts brand-new kitchens with quartz countertops, stainless steel appliances (refrigerator, microwave, oven), sleek, fully updated bathrooms, new roof, new plumbing, upgraded electric, and all renovations were fully permitted and approved by the City of Philadelphia — this is a legal duplex. Comfort & Efficiency: Brand-new HVAC systems and recessed lighting throughout, along with durable vinyl plank flooring and energy-efficient new windows. Convenience: Washer/dryer plug ins in each unit, open-concept layouts, and separate electrical systems with 125-amp service. Parking & Outdoor Space: Ample street parking along Cobbs Creek Parkway and nearby cross streets. Unit 1 enjoys access to rear parking and a private rear deck for outdoor enjoyment. Tax Abatement Approved: Take advantage of long-term tax savings. Strong Investment Potential for passive income: Estimated annual rental income of $40,800. Located in the desirable Cobbs Creek section of West Philadelphia, this duplex offers excellent access to public transportation (the El line is a 13 minute walk away, the 42, 46 and 21 buses are 2-5 blocks away. The house is across the street from the picturesque Cobbs Creek Parkway, local parks, and nearby shopping and dining. Whether you're looking to invest or settle into a home that pays for itself, 507 Cobbs Creek Pkwy delivers quality, value, and flexibility. Schedule your tour today!

Location

State PA

County Philadelphia

Area 19143 (19143)

Zoning RM1

Rooms

Basement Fully Finished

Interior

Interior Features Dining Area, Floor Plan - Open, Kitchen - Gourmet, Walk-in Closet(s)

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Flooring Luxury Vinyl Plank

Equipment Refrigerator, Stove, Microwave

Fireplace N

Window Features Energy Efficient

Appliance Refrigerator, Stove, Microwave

Heat Source Natural Gas

Exterior

Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available

Water Access N

View Creek/Stream, Park/Greenbelt, Trees/Woods

Roof Type Flat

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 032255200

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Bank Portfolio, Cash, FHA, VA

Listing Terms Bank Portfolio, Cash, FHA, VA

Financing Bank Portfolio,Cash,FHA,VA

Special Listing Condition Standard

Phil Di Ruggiero

License Partner | Team Leader | License ID: DC SP98360490

+1(202) 725-2250

Phil Di Ruggiero

507 COBBS CREEK PKWY Philadelphia, PA 19143

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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507 COBBS CREEK PKWY