- Noah Ostroff
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Property Details
- - Price: $385,000
- - Neighborhood: Pennsport
- - Property Tax: $843
- - Listing Type: House/Townhome
- - MLS ID: 5919302
- - Square Feet: 2,510
1434 S 5TH ST, Philadelphia PA 19147
Income producing, cash flow positive, 4 unit "Pennsport Place" apt building in popular Pennsport. Just 2 blocks from Fitness Works Gym & Pool & a few more to bustling Passyunk Ave restaurants & shops. Convenient access to Delaware & Washington Aves. Fully rented & up-to-date. Turn-key operation. Unit 1F: bi-level, 2 bedroom apt w/ wood floors, interior spiral stairs, & secondary entrance on 2nd floor to move in furniture. Units 1R & 2R: 2 studio apts w/ wood/pergo floors. 2R has balcony. Unit 3: 2 bedrooms & small living room/kitchen area (1 bedroom could be used as a living room). Wood/pergo floors. Laundry room in this unit + deck. Shared outdoor space at ground level for all tenants + bsmt laundry (free for tenants) & unsecured storage (except for unit 1R, which has secured storage). Gross annual income: $33,000. Tenants pay for gas & electric. Landlord pays for water, common electric, & gas for cooking/hot H2O in units 1R & 2R. Great opportunity!
Listing Courtesy of Solo Real Estate, Inc.
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