Property
Beds
3
Full Baths
None
1/2 Baths
None
Year Built
1920
Sq.Footage
2,976
Exceptional investment opportunity! This legally zoned fourplex is being offered fully vacant, providing the flexibility to set your own rents or occupy a unit while generating income from the others. The building consists of one spacious 2-bedroom apartment, one 1-bedroom apartment featuring a private balcony, and two studio apartments, all with recent updates and modern finishes. Located in the desirable 19131 zip code, the property offers excellent rental income potential. Current PHA payment standards are up to $2,010/month for a 2-bedroom, $1,690/month for a 1-bedroom, and $1,550/month for a studio (buyer to verify current program guidelines and eligibility). This property may be purchased individually or as part of a package with the neighboring duplex at 5402 Lebanon Ave, creating an outstanding opportunity to expand your investment portfolio. Conveniently located near City Avenue, public transportation, shopping, major highways, and universities. Strong income potential, recent updates, and a fully vacant building make this a rare opportunity—prepare your offer today! Buyer responsible for verifying zoning, rental rates, and all property information.
Features & Amenities
Interior
-
Total Bedrooms
3
-
Bathrooms
N/A
-
Above Grade Finished Area
2976.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s), Electric
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Natural Gas, Radiant
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick, Stucco
-
Parking
Off Street, On Street, Private, Alley Access
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(square feet)
1,939
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
-
Architectural Style
Traditional
Price
-
Sales Price
$499,900
-
Tax Amount
$3,859
-
Financing Options
VA, Private, FHA, Conventional, Cash
-
Sq. Footage
2,976
-
Price/SqFt
$167
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Brick/Mortar
-
Sewer
Public Sewer
-
Tax Lot
7018
-
Water Source
Public
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Sharita S Price , Real Estate Bosses
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Theresa Kehler
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