ParkingBuilt In, Garage - Rear Entry, Driveway, Attached Garage
Garage1 space
Year Built1920
HeatingCentral
CoolingCentral Air
MLS #PAPH2424628
Lot Size0.04 Acres
StatusActive (ACTIVE)
About 2517 Island Ave
Duplex for Sale in Southwest Philadelphia – Perfect Investment Opportunity! Located in a prime area just 6 minutes from Philadelphia International Airport and Darby Township, this legal duplex offers both immediate potential and long-term value. Whether you’re looking to live in one unit and rent the other OR rent it out as an investment this property has plenty of opportunities to suit your needs. Upstairs Unit (2 Bed / 1 Bath): Move-in ready, this unit offers spacious living with two bedrooms, a full bath, and a cozy kitchen. Perfect for owners or renters alike. Downstairs Unit (1 Bed / 1 Bath + Living Room): A blank slate awaiting your vision, the downstairs unit needs a full rehab but holds great potential for rental income or as a personal living space. Private Driveway & Basement: Enjoy the convenience of a private driveway for parking. The large basement area can easily be converted into additional common space or a storage area, enhancing the property's functionality. Don't miss the chance to own in this sought-after location, close to public transportation, shopping, and more. Contact us today to schedule a showing and explore the possibilities!
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1920
Living Area: 1,360 SqFt
Listing Office:
Office Name: Long & Foster Real Estate, Inc.
Office Phone: (610) 225-7440
Listing Agent: Amanda Gutman
Exterior Features
Parking Information:
Garage Space: 1 space
Parking: Built In, Garage - Rear Entry, Driveway, Attached Garage
Lot Features
Lot Information:
Lot Size: 0.04 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: Island Ave
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $250,000
Price Per SqFt: $184/SqFt
Tax Information:
Annual Amount: $1,417
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $15.3K less than the Median Sold Price and $17/SqFt less than other homes in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2424628
Listing Office:
Office Name: Long & Foster Real Estate, Inc.
Office Phone: (610) 225-7440
Listing Agent: Amanda Gutman
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,315
Per Month
Principal & Interest
$1,248
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$816
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Philadelphia Montessori Charter School
2227 Island Rd
Distance between this listing and this school0.31 miles
Public Charter Grades PK-6
2
/10
John M. Patterson Elementary School
7000 Buist Ave
Distance between this listing and this school0.40 miles
Public District Grades KG-4
5
/10
Colwyn Elementary School
211 Pine St
Distance between this listing and this school0.51 miles
Public District Grades KG-6
Nearby Schools
4
/10
Southwest Leadership Academy Charter School
7101 Paschall Ave
Distance between this listing and this school0.40 miles
Public Charter Grades KG-8
4
/10
Penrose Elementary School
2515 S 78th St
Distance between this listing and this school0.45 miles
Public District Grades KG-8
3
/10
William T. Tilden Middle School
6601 Elmwood Ave
Distance between this listing and this school0.84 miles
Public District Grades 5-8
Nearby Schools
2
/10
John Bartram High School
2401 S 67th St
Distance between this listing and this school0.80 miles
Public District Grades 9-12
2
/10
Academy Park High School
300 Calcon Hook Rd
Distance between this listing and this school1.37 miles
Public District Grades 9-12
5
/10
Mastery Charter School-Hardy Williams
5400 Warrington Ave
Distance between this listing and this school2.20 miles
The neighbors living near this home have an average income of $46,061. Residents of Philadelphia, PA typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
This home is located at 2517 Island Ave in Philadelphia, PA and zip code 19153 in the Southwest Philadelphia neighborhood. This 1,360 square foot home, which was built in 1920, sits on a 0.04 acre lot. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $250,000.
Philadelphia, PA housing market in November 2024 saw over 219 listings sold above listed price, more than 204 sold at listed price and over 523 sold below. The number of homes for sale in Philadelphia, PA increased by 1.8% between October 2024 and November 2024. While the average time on the market in November 2024 was 45 days, the median list price was $265,372.
From Rocket Homes Real Estate and based on county public records data.