$229,000
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5129 N 10TH Street Philadelphia, PA 19141 Municipality: Philadelphia
Twin Home
Residence
Beds
Baths
Sq. Ft.
0.08
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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Investment Triplex with Reliable Income & Development Potential! Fantastic investment opportunity with this fully rented triplex on an oversized lot, offering additional potential for future development (buyer due diligence required). The property includes three separate units: a large 5-bedroom uni...t with a kitchen and bathroom, and two 1-bedroom/1-bath units with kitchens. Additional features include a garage accessible from the rear alley under the deck. The property is currently leased to a professional property management company that manages over 20 properties. They guarantee a monthly rental income of $2,200 ($26,400 annually) and handle all utilities, maintenance, and repairs, with the landlord covering material costs only, as necessary. The management company also oversees subleasing for each unit, offering the owner a dependable, hands-off income stream. Property is being sold in as-is condition and Buyer is responsible for all municipal certifications. This property can also be purchased as part of a 3 property portfolio package including 1221 Wagner Ave, Philadelphia and 3539 N Marvine St, Philadelphia which is producing a combined $69,600 annually. The asking price for all 3 properties is $600,000.
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MLS#
PAPH2415184
Property Type
Twin Home
Year Built
1930
Price per Sq. Ft.
$143.12
Lot Size
0.08
Sewer
Public Sewer
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