2203 ELLSWORTH STREET, PHILADELPHIA, PA 19146

6% Cap Rate Occupied Value-Add Duplex in Point Breeze Separate Meters In-Unit Laundry Patio (1st-Floor Exclusive)2203 Ellsworth Street, 19146, is a fully occupied duplex on a quiet Point Breeze block offering immediate in-place income and clear upside for an investor or buyer seeking a rehabilitation project rather than a turnkey property.

The building features a 1-bed / 1-bath first-floor unit ($1,250/month) and a 2-bed / 1-bath second-floor unit ($1,350/month), each with in-unit laundry and separate utility meters. The rear patio is exclusively for the first-floor unit, adding meaningful tenant appeal.Rehabilitation opportunity offered for future repositioning: the 1-bedroom lease is month-to-month, and the 2-bedroom lease will convert to month-to-month beginning May 2026.

Current rents offer room for improvement at renewal.Conveniently located near Washington Avenue's growing commercial corridor with easy access to Center City, University City, and I-76. Showings by appointment only.