1226 W WESTMORELAND ST, Philadelphia, PA 19140
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1226 W WESTMORELAND ST, Philadelphia, PA 19140
1226 W WESTMORELAND ST, Philadelphia, PA 19140
1226 W WESTMORELAND ST, Philadelphia, PA 19140
1226 W WESTMORELAND ST, Philadelphia, PA 19140
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Nicholas "Nick" Nowak

Nicholas "Nick" Nowak

+1(856) 559-7571
Listed by Kate Vail • Elfant Wissahickon-Rittenhouse Square
$ 255,000
Est. payment /mo
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1226 W WESTMORELAND ST Philadelphia, PA 19140

2,208 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,208 sqft

Price per Sqft $115

MLS Listing ID PAPH2611008

Style Contemporary

Abv Grd Liv Area 2,208

Year Built 1935

Available Date 2026-04-24

Annual Tax Amount $3,449

Tax Year 2026

Lot Size 1,059 Sqft

Acres 0.02

Lot Dimensions 19.00 x 57.00

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

This is the kind of deal that pencils from day one! A fully renovated 2-unit duplex with serrate utilities steps from Temple University Hospital, available for a quick close with no tenants to navigate and no waiting period to get to work. Lower floors a one bedroom one bath with basement access and a backyard. The upper unit has two bedrooms one bath and ready for tenants the moment you close. Each unit has hardwood, fully renovated kitchen, bath and washer/dryer in each unit. At $255,000 with one unit renting at $995/month and the other at $1,200/month, you're looking at approximately $2,195/month in gross rent and a cap rate in the 8–10% range. The location does the heavy lifting. Temple University Hospital is just 0.2 miles away — a four-minute walk which means your tenant pool includes hospital staff, residents, medical students, and university employees year-round. That's not a seasonal renter market.
Temple University Hospital — 0.2 miles (4-min walk)
Temple University Main Campus — under 0.5 miles
Lewis Katz School of Medicine at Temple — minutes away
Broad Street Line (Allegheny Station) — 0.3 miles
Wagner Free Institute of Science — nearby
The Broad Street Line gives tenants direct access to Center City without a car, which is a significant leasing advantage in this price range.That's stable, professional demand with consistent turnover and reliable income. and RM-1 zoning supports the multifamily use and there is a current active rental license. Seller can close quickly. Building is vacant. No lease-up delay, no inherited tenants, no complications. Just a straightforward acquisition and a property ready to perform.

Location

State PA

County Philadelphia

Area 19140 (19140)

Zoning RM1

Rooms

Basement Daylight, Partial, Improved, Interior Access, Windows

Interior

Hot Water Natural Gas

Heating Baseboard - Electric

Cooling None

Flooring Hardwood

Inclusions all appliances

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Foundation Stone, Brick/Mortar

Above Ground Finished SqFt 2208

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Additional Building Above Grade, Below Grade

Structure Type Dry Wall

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 431042000

Ownership Fee Simple

SqFt Source 2208

Acceptable Financing Conventional, Cash, VA

Listing Terms Conventional, Cash, VA

Financing Conventional,Cash,VA

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

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Nicholas "Nick" Nowak

+1(856) 559-7571

nick@nicknowakrealtor.com

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1226 W WESTMORELAND ST