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Rarely does a fully renovated, turnkey duplex become available in the heart of Philadelphia's highly sought-after Graduate Hospital neighborhood. Located just one block from vibrant South Street and less than a ten-minute walk to Rittenhouse Square Park, 721 S. 17th Street offers an exceptional combination of lifestyle, flexibility, and investment potential. Perfect for both investors and owner-occupants, this impeccably maintained property features two thoughtfully designed residences with separately metered utilities, allowing residents to pay their own gas and electric expenses. Unit 1 is a spacious one-bedroom, one-bath residence featuring private laundry, abundant basement storage, and an expansive rear yard rarely found in city living. The unit is currently leased for $2,040 per month, with the tenant responsible for all utilities except water, providing immediate and stable income. Unit 2 is a bright and expansive bi-level residence offering two bedrooms and one-and-a-half baths. The open-concept main level features an eat-in kitchen with granite countertops, generous cabinetry, a dishwasher, and ample living and dining space ideal for entertaining. Upstairs, the oversized primary suite includes a walk-in closet, while second-floor laundry adds everyday convenience. The current tenant has agreed to vacate within 45 days, presenting an outstanding opportunity for an owner-occupant seeking to offset their mortgage with rental income. This unit is currently leased for $2500. Both residences include in-unit washer and dryer sets, providing convenience and enhancing long-term tenant appeal. Additional value-add opportunities exist for future improvements. The oversized closet adjacent to the existing full bath presents the potential to create a second full bathroom, while the third-floor landing configuration may allow for the addition of a roof deck. Whether you're seeking strong rental income, a house-hacking opportunity, or a long-term investment in one of Philadelphia's most desirable neighborhoods, 721 S. 17th Street delivers. Enjoy easy access to Rittenhouse Square, Center City, neighborhood parks, acclaimed restaurants, coffee shops, and countless shopping and entertainment options, all just steps from your front door. Opportunities to acquire a move-in-ready duplex in Graduate Hospital are few and far between. Schedule your private tour today.

Source: BRIGHT MLS, MLS#: PAPH2639944

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  • Property Type
    Residential
  • Lot
    0.03 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 721 S 17TH STREET


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/24/2026Source: BRIGHT MLS Added to Database
June 24, 2026
6/24/2026Source: BRIGHT MLS Added to Database
June 24, 2026
12/3/2024Source: BRIGHT MLS Added to Database
August 11, 2021
12/3/2024Source: BRIGHT MLS Added to Database
August 13, 2021
Listing provided courtesy of KW Empower- MLS# PAPH2639944MLS ProviderContact Information: [email protected] - 2156273500