5129 N 10TH ST Pending

Philadelphia,PA 19141

$ 230000

- Bed

- Bath

1600 SqFt


Key Details

Property Type Townhouse

Sub Type Twin/Semi-Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $143

Subdivision Olney

MLS Listing ID PAPH2544834

Style Straight Thru

Year Built 1930

Annual Tax Amount $2,974

Tax Year 2025

Lot Size 3,383 Sqft

Property Sub-Type Twin/Semi-Detached

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.

Location

State PA

County Philadelphia

Area 19141 (19141)

Zoning RSA3

Interior

Hot Water Natural Gas

Heating Radiator

Cooling None

Equipment Water Heater,Stove,Oven/Range - Gas,Intercom,Range Hood,Refrigerator

Exterior

Exterior Feature Deck(s)

Parking Features Other

Garage Spaces 2.0

Utilities Available Above Ground,Electric Available

Water Access N

View Street

Roof Type Asphalt

Building

Lot Description Front Yard

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Acceptable Financing Cash,Conventional,Private

Listing Terms Cash,Conventional,Private

Special Listing Condition Standard

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