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7240 Gillespie StreetPhiladelphia, PA 19135

For Sale

$319,999

Smart Buyer Rebate - Ask

Fantastic Duplex – Ideal for Investors or Owner-Occupants!

Welcome to this beautifully duplex – a perfect opportunity for savvy investors or homeowners looking to offset their mortgage with rental income!

Each unit boasts a spacious layout filled with natural light, making them highly appealing to renters. Whether you're looking to expand your investment portfolio or live in one unit while renting out the other, this property is a smart and flexible choice. The corner property is conveniently located one block away from Cottman Ave and walking distance from Frankford ave, with easy access to public transportation or quick access to I-95 that takes you to downtown Philadelphia.

The property has easy access to two attached garages with newly installed doors, new roof installed in February 2025, and new water heater boilers.

Don't miss out – this one won't last long. Text the agent for scheduling your showing today!

Listed by Soeb Mahmud

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License #RS362565

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Coldwell Banker Hearthside Realtors

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2672101577

Last updated September 02, 2025

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Source: BrightMLS #PAPH2530886

Listing Facts

  • TypeMulti-family
  • NeighborhoodTacony
  • Days on Prevu5
  • Taxes$4,451/year
  • Size1,562 sqft
  • Price per sqft$205

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

09/02/2025
Listed by Coldwell Banker Hearthside Realtors
$319,999

Property Details for 7240 Gillespie Street

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 2
  • Year Built: 1950
  • Architectural Style: Traditional
  • Construction Materials: Masonry

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Dimensions Source: Assessor
  • Lot Size Acres: 0.06
  • Lot Size Dimensions: 28
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2,505
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $4,451.00
  • Tax Year: 2025

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 1,562
  • Living Area Source: Assessor

Other

Location

  • Tax Lot: 359

Parking

Parking

  • Garage Spaces: 2
  • Garage: Yes

Utilities

Equipment

  • Heating: Hot Water
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.