5345 AKRON ST Pending Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19124
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Pending
Purchase Type For Sale
Square Footage 1,830 sqft
Price per Sqft $103
Subdivision Northwood
MLS Listing ID PAPH2494120
Style Dwelling with Rental
Year Built 1945
Annual Tax Amount $1,907
Tax Year 2023
Lot Size 1,333 Sqft
Property Sub-Type Interior Row/Townhouse
Property Description
A well-maintained duplex located on a desirable block in the Frankford/Mayfair corridor of Northeast Philadelphia. This income-generating property offers an excellent opportunity for investors or owner-occupants seeking steady cash flow with the added bonus of value-add potential.
The property is currently configured as a duplex with two spacious, tenant-occupied units. The first floor features a generously sized one-bedroom unit occupied by a long-term tenant.. The second floor consists of a two-bedroom unit. The landlord covers the water bill, while the tenants are responsible for their own gas, electric, and cable—ensuring a low operating cost and strong return.Previously used as a triplex, the home still retains many of the elements needed to be converted back, offering a great opportunity to increase rental income and maximize property value, subject to zoning requirements.This property is close to public transportation, shopping centers, schools, and major roadways. The area has seen consistent rental demand and appreciation, making it a smart buy for those looking to invest in one of Philadelphia's established neighborhoods.
Location
State PA
County Philadelphia
Area 19124 (19124)
Zoning RSA5
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Window Unit(s)
Flooring Fully Carpeted
Exterior
Utilities Available Electric Available,Natural Gas Available
Water Access N
Roof Type Flat
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard