2942 FRENCH ST, Philadelphia, PA 19121

• 2 beds |
• 1 bath |
• 812 sqft

Property Description

Decent cash-flow opportunity from this 2BR Strawberry Mansion property. Investment opportunity for those looking to build equity. Currently tenant-occupied at $850/mo with a solid payment history. Tenants are settled and would prefer to stay but there is flexibility lease is currently month-to-month. Overall the property could would benefit from some sweat equity and cosmetic updates, the "bones" have seen recent attention, including a newer water heater, forced air heat, some window replacements and an updated electric panel. At this price point, the CAP rate is hard to ignore. Keep the steady cash flow as-is, or renovate over time to maximize market rents and forced appreciation. Ample notice required for all showings.

Listing Status:

Active

Data Last Updated:

May 9, 2026 at 1:19PM

Listing Office:

BHHS Fox & Roach-Center City Walnut : 2156276005

Listing Agent:

Kevin M McGillicuddy : 2679685577

MLS ID:

PAPH2618914

Interior

• Rooms: Living RoomKitchen
• Laundry: HookupBasement
• Basement: Unfinished
• A/C: None
• Heating: Forced AirNatural Gas
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Straight ThruTraditional

Construction

• Roofing: Flat
• General: Masonry2Stone

Location

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

Lot

• Zoning: RSA5323153800

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN
• Exclusions: washer/dryerrefrigeratorwindow ACs