10014 VERREE RD Philadelphia, PA 19116

A rare find in Northeast Philadelphia — this well-maintained ranchplex (built as ranchplex) offers two self-contained 2-bedroom, 1-bath units, each with its own private deck, in-unit washer/dryer hookups, and fully separate utilities. Ideal for an investor seeking immediate cash flow or an owner-occupant looking to live in one unit while offsetting their mortgage with rental income from the other.
Property Highlights:
Two 2-bedroom, 1-bath units in a ranchplex configuration
Private deck for each unit
Washer/dryer hookup in each unit
Separately metered utilities for both units
First-floor unit is currently vacant, newly renovated and move-in ready
Second-floor unit is scheduled to be vacant as of 9/30, offering a rare opportunity to acquire the entire property free of existing tenancy.
Convenient Northeast Philadelphia location with easy access to major roadways, shopping, and dining.
Investment Snapshot:
Unit 1 (1st floor): Previously rented at $1,375/month plus water, gas, and utilities
Unit 2 (2nd floor): Currently rented at $1,225/month plus water, gas and utilities.
Strong rental history with long-term tenancy demonstrates consistent demand in the area
With both units delivering vacant, buyers gain full flexibility — renovate and re-rent at market rate, occupy one unit and lease the other, or hold as a fully tenant-free investment. Schedule your showing today to see the potential this property offers.