PA
PHILADELPHIA
PHILADELPHIA
19141
5129 N 10TH STREET
5129 N 10TH STREET, PHILADELPHIA, PA 19141
Listing Type
Multi Family
Listing Status
active
36
$228,989

Home Details for 5129 N 10TH STREET

Price
$228,989
Type
Residential Income
Bedrooms
2
Bathrooms
0.0
Square feet
1600
Year built
1930
Lot size acres
0.08
County
PHILADELPHIA
Garage
2
Basement
Poured Concrete
Days on site
127
MLS Listing#
PAPH2415184
Listing Courtesy: Keller Williams Realty - Moorestown - 856-316-1100
Property 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.

Property Features
  • Parking
    • On Street
    • Garage
    • Other
    • Attached
  • Cooling Information
    • Ceiling Fan(s)
    • None
  • Heating Information
    • Natural Gas
    • Radiant
  • Water Features
    • Public
  • House Interior
    • Ceiling Fan(s)
  • Utilities
    • Electricity Available
  • Basement
    • Poured Concrete
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Last Updated: 2025-02-27 08:30:46
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EXIT ELEVATE REALTY
1450 Grays Ferry Ave. 1st Floor, Philadelphia, PA 19143
Office
215 623 6000
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