Excellent investment opportunity in South Philadelphia! This fully occupied 5-unit apartment building features five efficiency-style studio apartments and an active 5-unit rental license. The property offers a strong in-place income stream and an attractive basis for an investor seeking a stabilized, income-producing asset. Each unit is currently occupied, providing immediate rental income from day one. The property also features shared laundry with a washer and dryer located in the basement. Conveniently located in South Philadelphia with easy access to Broad Street, major roadways, public transportation, shopping, dining, and neighborhood amenities.
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Listing Snapshot
Price
$569,000
Days On Site
17 Days
Bedrooms
N/A
Inside Area (SqFt)
1,908 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.02 Acres
Year Built
1920
MLS® Number
PAPH2671846
Status
Active
Property Tax
$5,267
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
2 weeks ago
Listing updated with changes from the MLS®
2 weeks ago
Listing first seen on site
General Features
Acres
0.02
Foundation
Brick/Mortar
Number Of Stories
3
Parking
On Street
Property Sub Type
Townhouse
Special Circumstances
Standard
SqFt Above
1908
SqFt Total
1908
Style
Straight Thru
Utilities
Natural Gas AvailableElectricity Available
Water Source
Public
Zoning
RSA5
Interior Features
Appliances
Gas Water Heater
Basement
Unfinished
Cooling
Window Unit(s)Electric
Electric
100 Amp Service
Flooring
LaminateCarpetCeramic TileHardwood
Furnished?
None
Heating
ElectricBaseboard
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Exterior Features
Construction Details
Brick
Pool Features
None
Roof
Flat
Community Features
MLS Area
19145 (19145)
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Schools
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Long & Foster Real Estate, Inc.