2204 Brown Street

Description

2204 Brown Street presents a well-maintained, fully leased duplex in the heart of Fairmount, one of Philadelphia’s most desirable and consistently strong rental markets. This legally zoned 2-family dwelling features two 1 bed / 1 bath units with character-rich interiors, including exposed brick walls, hardwood flooring, and fireplaces that enhance tenant appeal and retention. The first unit spans the main and lower levels, offering a spacious layout with a full kitchen and bath, while the second unit features a well-designed upper-level layout with strong natural light throughout. Unit 1 is currently rented for $1,750 per month with a lease expiration of 7/31/2026, and Unit 2 is rented for $1,730 per month with a lease expiration of 7/31/2026, bringing the total gross monthly rent to $3,480. The property is 100% occupied with both leases rolling in mid-2026, providing an investor with a clear opportunity to increase rents to market. Constructed of solid brick and well maintained, the property offers straightforward operations, reliable in-place cash flow, and additional upside potential. Situated in an A+++ location just steps from Fairmount Avenue, the Art Museum, and major Center City access points, the property benefits from exceptional walkability, strong tenant demand, and long-term appreciation potential, and also presents an ideal opportunity for an owner-occupant seeking to house hack in a premier neighborhood.