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Property Description

Welcome to an exceptional investment opportunity at 1946 N 5th Street. This meticulously renovated multi-family duplex is perfect for an owner-occupant looking to house hack or an investor looking to add to their portfolio. The property features THREE sources for cash flow. There is a 1-bed/1-bath unit on the first floor, a 3-bed/2-bath unit on the second floor, and last but not least, the rear yard is leased for storage. The total combined rental income is $3,950 per month. Additionally, the basement is currently being used by the Landlord/Owner; continue to use it this way or possibly rent it out as storage to create additional income. The property benefits from the modern comforts of central air, all new stainless appliances, sleek design, and other modern amenities. Don't let this opportunity slip away; take advantage of this investment opportunity located in the South Kensington neighborhood. Whether you're an experienced investor or just entering the market, grasp this chance to acquire a profitable asset and schedule your showing today! Soon to be available 2055 N Franklin St is a similar duplex that can also be packaged with this property for a total of five (5) units. Both properties are certified lead free and have rental licenses in place for a truly turn key purchase.

Overview

Property Status
Sold
Lot Size
1,200 Sq.Ft.
MLS ID
PAPH2342552
Property Type
Multi-Family
Year Built
2023

Features & Amenities

Architecture Styles
Bi-level
Water Source
Public
Pool
None
Parking
On Street
Heat Type
Natural Gas, Forced Air
Air Conditioning
Central Air, Electric
Sewer
Public Sewer
Substructure
Brick/Mortar
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Sales Price
$495,000
Real Estate Tax
$3,451/yr
Zoning
RSA5

Downloads

1946 N 5th St

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for your interest in 1946 N 5TH STREET, PHILADELPHIA, PA 19122

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1946 N 5th St

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    License #RS341171

    (610) 368-9041
  • 1946 N 5th St
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