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301 W Ruscomb St , Philadelphia, PA 19120
$349,999
Est. Payment: $1,890.76/mo
4 Bed
2016 Sqft
0.04 Acres
Status: active under contract | Days on site: 107
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KELWLMW - 3302820
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House Description

Exceptional Investment Opportunity – Legal Duplex + Massive Garage/Warehouse Space! Welcome to 301 W. Ruscomb, a truly unique income-producing property offering exceptional flexibility for investors and owner-occupants alike. With all 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 Bonus 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!

Highlights

Listed by Alexander Taggart Penn , 6109377122 Keller Williams Realty Devon-Wayne , 6106478300. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.04

Year Built

1930

County

Philadelphia

Area

19120 (19120)

Neighborhood

Olney

School District

Philadelphia City

Listing ID

PAPH2651002

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:2016
Basement:Unfinished
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:16.00 x 110.00
Garage Capacity:10
Zoning:RSA5
Sewer:Public Sewer
Parking Features:Secure Parking,Private,Covered Parking,Garage - Front Entry,Oversized,Attached Garage,On Street,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$1,891
Taxes
$239

Home Price

$349,999

Loan Details

30 yrs
7.148%

Down Payment

20%
$70,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,890.76

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,890.76 $238.75 $0.00 $2,129.51
Yearly $22,689.06 $2,865.00 $0.00 $25,554.06
Total $680,671.86 $85,950.00 $0.00 $766,621.86
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T23:12:42.000Z

© 2026 Bright MLS