UPDATED:
Key Details
Property Type Multi-Family, Townhouse
Sub Type End of Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,016 sqft
Price per Sqft $195
Subdivision Olney
MLS Listing ID PAPH2651002
Style Other
Abv Grd Liv Area 2,016
Year Built 1930
Annual Tax Amount $2,865
Tax Year 2026
Lot Size 1,796 Sqft
Acres 0.04
Lot Dimensions 16.00 x 110.00
Property Sub-Type End of Row/Townhouse
Source BRIGHT
Property Description
Welcome to 301 W. Ruscomb, a truly unique income-producing property offering exceptional flexibility for investors and owner-occupants alike. With all three residential units currently vacant, this property provides the rare opportunity to set your own rents, select your own tenants, or occupy one unit while generating income from the others.
The property features three residential units plus an oversized attached garage/warehouse with space for 10+ vehicles, creating an additional income opportunity or the perfect setup for a contractor, auto enthusiast, small business, storage facility, or workshop.
Recent renovations include new windows, new kitchen cabinets, quartz countertops, stainless steel appliances, new bathrooms, new flooring, recessed lighting, new heating systems, new water heaters, and central air conditioning. Separate utility meters for each unit make management simple and efficient, while low property taxes help maximize your return.
Projected Rental Income:
First Floor: 2-bedroom, 1-bath unit – estimated $1,250/month
Second Floor: 2-bedroom, 1-bath unit – estimated $1,250/month
Studio Unit: Studio with full bath – estimated $900/month
Oversized Garage/Warehouse: Estimated rental income of approximately $1,500/month (with potential for higher income depending on use)
Estimated Total Monthly Income: Approximately $4,900/month.
The oversized garage/warehouse is a standout feature that offers endless possibilities, whether leased separately for vehicle storage, warehouse space, contractor use, or other business purposes. Opportunities like this are hard to find.
Whether you're seeking a strong cash-flowing investment, a value-add opportunity, or a property with multiple income streams and future appreciation potential, 301 W. Ruscomb is ready for its next owner. With all units vacant, you can begin generating income immediately on your own terms. Schedule your private showing today!
Location
State PA
County Philadelphia
Area 19120 (19120)
Zoning RSA5
Rooms
Basement Unfinished
Interior
Hot Water Electric
Cooling Central A/C
Fireplace N
Heat Source Natural Gas
Exterior
Parking Features Covered Parking, Garage - Front Entry, Oversized
Garage Spaces 10.0
Water Access N
Accessibility None
Attached Garage 10
Total Parking Spaces 10
Garage Y
Building
Foundation Other
Above Ground Finished SqFt 2016
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 422165400
Ownership Fee Simple
SqFt Source 2016
Special Listing Condition Standard
Nearby School & Business
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