Looking for a terrific income stream in a property that's only going to increase in value? You have found it in this rare duplex that is perfectly situated just a 10 minute walk from downtown Phoenixville yet steps away from a kayak ride on the Canal! ! Gross rents are $36K per year and tenants pay their own heat and electric.! Net income is $26,500 which includes $3200 for flood insurance - you should get your own quote. The first floor features a 3 BR apartment ......and has been updated throughout with many great features. They include: newer ceramic tile floor in both kitchen and dining room, bay window in sunny living room, newer w/w carpet and paint. Newer windows throughout (lots and lots of them!) , newer doors, appliances, kitchen cabinets,counter, ceramic back splash. Front and rear entrances.The Second and Third floor apartment feature another 3 bedroom apartment, with two full baths and an office! The private front door leads to a set of stairs that take you right into the apartment. The second floor features a very large and open living room and dining room, beautiful bay windows, 2 good size bedrooms, , a full bath with tub, and a kitchen with rear door leading to nice deck with some views of schuylkill canal. (and the schuylkill river during the winter)The third floor features another nice size bedroom, an office area and a huge brand new magificent full bath with tub.New vinyl plank flooring and carpet. Shared washer and dryer in the basement along with a secure private storage area for each apartment ....room for bikes, kayaks, etc .(First floor access from inside the apt.....second floor via exterior bilco door).. Newer Heat Pump for 1st floor/ Newer Gas boiler for 2nd floor. These apartments rent quickly especially to those who like to bike, kayak or run.There are numerous trails within walking distance including the biking trail/path into Philadelphia. Please reach out to seller and provide email for a copy of the Property Income and Expense Statement...along with the list of Capital Improvements.