6141 Chestnut St, Philadelphia, PA 19139, USA

$130,000
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🔥 West Philly RM-1 Deal | Duplex Conversion | Massive Upside 🔥

Address: 6141 Chestnut St, Philadelphia, PA 19139
Price: $130,000
ARV (SFH): ~$300,000
ARV (Duplex): ~$350,000+

Property Overview

Rare RM-1 zoned opportunity in West Philly offering a 4-bed, 1-bath layout with 1,232 sq ft. Currently configured as a single-family, but positioned for duplex or higher-density conversion, making this a high-upside investment play.

Key Features

  • 4 Beds / 1 Bath
  • 1,232 Sq Ft Interior
  • 1,871 Sq Ft Lot
  • High ceilings
  • Large backyard
  • Currently single-family

Value-Add Opportunity

  • Zoned RM-1 (multifamily by-right potential)
  • Potential to convert to duplex or up to 4 units (buyer to verify)
  • Most neighboring properties already duplexed
  • Strong layout for multi-unit conversion

Investment Highlights

  • $170K–$220K+ spread depending on exit strategy
  • Located in West Philly rental corridor
  • Strong demand for student and workforce housing
  • Ideal for flip, BRRRR, or multifamily conversion

Deal Potential

  • Flip as SFH: ~$280K–$310K
  • Convert to duplex: ~$330K–$360K+
  • Long-term rental with multiple units for higher cash flow

Access

  • Showing by appointment

⚡ RM-1 zoning deals with this kind of conversion upside are rare — move quickly
 

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