$549,500

1946 N 5th St, Philadelphia, PA, 19122

1,942

Square feet

0.03

Acres

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.

Facts & Features

MLS® # PAPH2342552
Price $549,500
Bathrooms 0.00
Square Footage 1,942
Acres 0.03
Year Built 2023
Type Multi-Family
Sub-Type Duplex, End of Row/Townhouse
Style Bilevel
Status Active

Community Information

Address 1946 N 5th St
Area 19122
Subdivision SOUTH KENSINGTON
City Philadelphia
County PHILADELPHIA-PA
State PA
Municipality PHILADELPHIA
Zip Code 19122
Senior Community No

Amenities

Is Waterfront No

Interior

Heating Forced Air
Cooling Central A/C
Has Basement Yes
Basement Full
Fireplace No

Exterior

Foundation Brick/Mortar

School Information

District THE SCHOOL DISTRICT OF PHILADELPHIA

Additional Information

Date Listed April 17th, 2024
Days on Market 14
Zoning RSA5
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Main Line
Contact Info(610) 520-0100

Listing Map

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