1. Pennsylvania
2. Philadelphia
3. 5129 N 10TH ST

5129 N 10TH ST, Philadelphia, PA 19141

• 1,600 sqft

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.

Listing Status:

Active

Listing Office:

Keller Williams Realty - Moorestown : 8563161100

Listing Agent:

Austin Cennimo : 6093726863

MLS ID:

PAPH2544834

Interior

• General: Ceiling Fan(s)Dining AreaCombination Dining/LivingEntry Level Bedroom
• Appliances: WaterHeaterStoveOven/Range - GasIntercomRange HoodRefrigerator
• Basement: Poured concrete
• A/C: None
• Heating: RadiatorNatural Gas
• Disability Feature: 32"+ wide Doors>84" Garage DoorDoors - Swing In2+ Access Exits

Exterior

• General: BBQ GrillStreet LightsAbove GradeBelow Grade
• Style: Straight Thru
• Other Structures: Deck

Construction

• Roofing: Asphalt
• Windows: CasementEnergy efficientVinyl clad
• General: MasonryStone

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: RSA3492165500
• View: Street

Utilities

• Utilities: Above groundElectric available200 amp serviceCircuit breakers
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN
• Exclusions: All personal property

This listing courtesy of Austin Cennimo, Keller Williams Realty - Moorestown