USAPAPhiladelphiaKensington506 W Master St
506 W Master St, Home with 0 bedrooms, 0 bathrooms and null parking in PHILADELPHIA PA | Image 1
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$575,000

506 W Master St, Philadelphia, PA

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1955 sqft
Garage No
Taxes $1,080
Days Active 0
Lot Size 
Approx. Age 2015
Avg. Price Per Sqft $294
MLS® Number PAPH2514750

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 506 Master Street, a modern duplex in the Ludlow section of Kensington, directly across from Cruz Playground and just a short walk to the shops and restaurants along Girard Avenue. Built in 2015, this turnkey property offers a perfect opportunity for an owner-occupant to offset their mortgage with rental income while enjoying the benefits of a booming neighborhood with significant nearby development. The lower unit (905 sq ft) features 2 bedrooms, 1 full bath, and a private rear yard perfect for outdoor entertaining or gardening. The upper unit (1, 050 sq ft) also offers 2 bedrooms and 1 full bath, with large windows flooding the space with natural light. Both units feature hardwood floors, spacious layouts, separate laundry, and updated finishes that make moving in or leasing seamless. Additional highlights include: solar panels on the roof for energy savings, separate utilities for each unit, delivered fully vacant for immediate rental or occupancy flexibility. Previously rented at $1, 650/month for the upper unit with potential for $2, 000/month+ in today's market and $1, 450/month for the lower unit with potential for $1, 800/month+. Whether you’re looking to build wealth or expand your investment portfolio with a low-maintenance property, 506 Master Street offers the ideal blend of location, modern construction, and long-term upside in a rapidly developing area. Don’t miss your chance to own a move-in-ready duplex across from a beautiful park in the heart of Kensington.Show Description
MLS® NumberPAPH2514750
Laundry Level
Central VacNo
FireplaceNo
Acreage0.02
Exterior
GarageNo
Approx. Age2015
Basement
DrivewayOn Street
Garage Spaces
Heat90% Forced Air, Natural Gas
A/CCentral A/C, Electric
Heating Fuel

Extras

All appliances in as-is condition

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