1226 W WESTMORELAND ST, Philadelphia, PA 19140

• 2,208 sqft

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.

Listing Status:

Active

Date Added:

April 24, 2026

Data Last Updated:

May 2, 2026 at 2:19PM

Listing Office:

Elfant Wissahickon-Rittenhouse Square : 2158939920

Listing Agent:

Katherine Vail : 2156684989

MLS ID:

PAPH2611008

Interior

• Basement: DaylightPartialImprovedInterior accessWindows
• Flooring: Hardwood
• A/C: None
• Heating: Baseboard - ElectricNatural Gas
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Contemporary

Construction

• Roofing: Flat
• General: MasonryStoneBrick/Mortar

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: RM1431042000

Utilities

• Utilities: 200 amp service
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN