This two-unit Cobbs Creek property presents an opportunity for investors seeking a multi-family asset with hardwood floors, outdoor space, and an occupied income-producing unit.

102-22 Church St #309, Philadelphia, PA 19106

Located in Philadelphia's Cobbs Creek neighborhood, the property features two separate residential units, hardwood flooring throughout, and an occupied second-floor apartment that can provide immediate rental income.

Whether you're looking to expand a portfolio, live in one unit while renting the other, or simply secure a multi-family property in a growing area, this home presents options.

Unit 2: Income-Producing Second-Floor Apartment

For many buyers, the biggest advantage starts upstairs.

The second-floor unit features two bedrooms and one full bathroom and is currently occupied. Having an existing tenant in place can help reduce vacancy concerns while providing income from day one.

The layout offers comfortable living space with hardwood floors throughout, creating a durable and timeless finish that's attractive to both tenants and future owners.

It's the type of setup investors are often searching for but don't always find.

Unit 1: First-Floor Apartment with Private Yard Access

The first-floor unit offers a one-bedroom, one-bathroom layout and a feature that's increasingly difficult to find in city properties, private outdoor space.

Tenants on this level enjoy direct access to the fenced-in backyard, creating opportunities for outdoor relaxation, gardening, entertaining, or simply enjoying a bit of extra room to spread out.

For future renters, that outdoor space can become a significant selling point.

Hardwood Floors Throughout

One detail that carries throughout both units is the hardwood flooring. Practical. Durable. Easy to maintain. It's a feature that not only enhances the property's character but can also help minimize long-term maintenance costs compared to carpeted rentals. Sometimes the simplest upgrades provide the most lasting value.

Multi-Family Potential in Cobbs Creek

The real story here is flexibility.

Live in one unit and offset expenses with rental income from the other. Lease both units and operate the property as an investment. Or hold it as part of a long-term wealth-building strategy.

There are multiple paths forward depending on your goals.

A Philadelphia Neighborhood with Room to Grow

Cobbs Creek continues to attract attention from buyers and investors looking for value within Philadelphia. Its tree-lined streets, proximity to public transportation, and easy access to Center City make it an appealing option for renters and homeowners alike.

For investors willing to look beyond the obvious, opportunities like this often become the foundation of a strong portfolio.

And with two units already in place, the next chapter may be easier to write than you think.

For more information, contact listing agent Michael Ives at (267) 453-2269, michael@qanduteam.com