5129 N 10TH STREET, Philadelphia, PA 19141

  • $229,000
5129 N 10TH STREET, Philadelphia, PA 19141
Active
5129 N 10TH STREET, Philadelphia, PA 19141
5129 N 10TH STREET, Philadelphia, PA 19141
  • $229,000

Overview

Property ID: PAPH2415184
  • Twin/Semi-Detached, Residential Income
  • Property Type
  • 2.0
  • Garages
  • 0.08
  • Lot Acres
  • 1930
  • Year Built

Description

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 unit 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.

  • Address 5129 N 10TH STREET
  • City Philadelphia
  • State/county PA
  • Zip/Postal Code 19141
  • Area OLNEY
  • Country US

Details

Updated on November 13, 2024 at 3:12 am
  • Property ID: PAPH2415184
  • Price: $229,000
  • Land Area: 0.08 Acres
  • Garages: 2.0
  • Garage Size: x x
  • Year Built: 1930
  • Property Type: Twin/Semi-Detached, Residential Income
  • Property Status: Active

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**Property Disclaimer** The information we provide about this property is believed to be accurate to the best of our knowledge; however, it may change without notice. We are not liable for any mistakes, errors, or omissions in the information presented. We strongly recommend that you conduct your own research and verify all details independently to ensure accuracy. Your diligence in seeking correct information is essential before making any decisions. " Homes Trade Hub "

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