Keller Williams Real Estate
1/14
Listing Courtesy Of: ISS Realty, LLC, 2157950207, tal iss
Local Realty Services Provided By: KW Empower
Overview
What It'll Cost
Neighborhood
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$350,000
5900 PINE ST, PHILADELPHIA, PA 19143
1,600 sq ft
.03 ac
$350,000

5900 PINE ST, PHILADELPHIA, PA 19143

Estimation provided by Keller Williams Realty Inc.
1,600 sq ft
.03 ac
Active
For Sale

Property Description

This fully electric quadruplex presents an excellent investment opportunity with strong cash flow potential. The property consists of three 1-bedroom apartments and one studio, with three of the units delivered vacant, allowing immediate leasing at projected rents exceeding $900 per month per unit. The fully electric design contributes to minimal utility costs, with the house meter consuming an exceptionally low amount of electricity, further enhancing profitability.Beyond basic expenses, such as property taxes and insurance, the operating costs remain low, positioning this property as a potentially lucrative asset for the right investor. Given the current rental demand in the area and the property's low-maintenance nature, it offers considerable upside for a hands-on investor looking to maximize returns. This quadruplex could function as a reliable source of passive income, with the opportunity to increase rents over time as the market appreciates.Overall, this property represents an ideal acquisition for investors seeking a low-overhead, high-return rental investment with minimal ongoing operational expenses.

Property Details

Compare This Home
Overview
Property Type
End of Row/Townhouse
Property Size
1,600 sq ft
Year Built
1920
Days on Site
132 Days
HVAC
Cooling: Window Unit(s), Heating: Baseboard - Electric, Cooling Fuel: Electric, Heating Fuel: Electric
Parking
No

Activity History

VIEWS
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
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Estimated Monthly Payment

Purchase Price: $350,000
Principal + Interest
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Property Tax
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Home Insurance
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Mortgage Insurance
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Price & Tax History

Date
Event
Price
11/18/2024
Listed
$350,000
(+1,066.67%)
07/11/2016
Sold
$30,000
(+11.11%)
09/22/2015
Sold
$27,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$3,159
(+385.37%)
$225,700
Land 45,100 + Additions 180,600
2022
$650.91
$46,500
Land 6,975 + Additions 39,525
2021
$650.91
$46,500
Land 6,975 + Additions 39,525
2020
$650.91
(+3.8%)
$46,500
Land 6,975 + Additions 39,525
2019
$627.11
(+18.52%)
$44,800
Land 7,300 + Additions 37,500
2018
$529.12
$37,800
Land 6,237 + Additions 31,563
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Transit & Commute

Estimated commute times from Cobbs Creek-West
Car-Dependent Walkable Very Walkable
Exton

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