$295,000

2045 W TORONTO ST, Philadelphia, PA 19132

  • 1,915 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $154/sqft
  • Property List Date Icon Listed 21 days ago

Property Description

Investor Alert! This versatile duplex is a rare find offering solid income potential and located just beside Mt. Olive Church of Christ, in a growing area with I-1 zoning that allows for flexible use. The property includes 2 bedrooms and 2 full bathrooms, currently configured as one single-room unit, one one-bedroom unit, and two vacant units—giving you the chance to customize, renovate, and boost income right away. With two units currently vacant, there's excellent opportunity to update and set your own rental rates. Whether you're looking to build rental income, live in one unit and rent the others, or explore creative zoning options, this property is well-positioned for value-add improvements. Surrounded by other occupied homes and neighborhood activity, it's a great time to invest. Enjoy a location surrounded by everyday conveniences! Nearby dining options include Bucky’s Bar & Grill, Ummi Dee’s Burger Bistro, Taco Bell, Bambu, and many other local favorites. For families, the area is served by several schools such as Thomas M. Peirce School, Rhodes E. Washington School, and Strawberry Mansion High School, with additional educational institutions in the vicinity. Grocery shopping is a breeze with options like Save-A-Lot, CTown Supermarkets, Los Barraco Grocery, Clearfield Market, and more, all just minutes away. Commuters will love being just five minutes from the Allegheny stop on the Manayunk/Norristown Line, offering easy access to Center City and surrounding areas. Outdoor enthusiasts can take advantage of nearby green spaces including Connie Mack Stadium, Reyburn Park, and Marcus Foster Memorial Stadium—perfect for recreation, sports, or a weekend stroll. This property qualifies for a 10K Grant offered by Prosperity Home Mortgage, which can be used for closing costs, rate buy-down, and more. It is fully forgivable to all buyers, not just first-time buyers. Reach out for more information. Additionally, the property qualifies for the CRA program, offering a conventional loan with no mortgage insurance, low down payment and lower interest rate. Perfect for investors or developers looking to capitalize on location and potential. Sold as-is—bring your contractor and your vision!

Listing Status:
Active
Date Added:
June 26, 2025 at 05:00AM
Listing Office:
RE/MAX @ HOME : 2156073535
Listing Agent:
Maria Maria Quattrone Quattrone : 2156073523
MLS ID:
PAPH2495224
  • A/C: Other
  • Heating: OtherNatural Gas
  • Disability Feature: None

This listing courtesy of Maria Maria Quattrone Quattrone, RE/MAX @ HOME

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Thomas May Peirce Elementary School

2300 W Cambria St, Philadelphia, PA, 19132

Grades KG-6

0.26 miles away

K

Kenderton School

, Philadelphia, PA, 19140

Grades KG-8

0.33 miles away

D

Dobbins Avt High School

2150 W Lehigh Ave, Philadelphia, PA, 19132

Grades 9-12

0.43 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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