Listing Courtesy Of:
ISS Realty, LLC, 2157950207, tal iss
Local Realty Services Provided By:
KW Empower
Overview
What It'll Cost
Neighborhood
Similar Homes
$350,000
5900 PINE ST, PHILADELPHIA, PA 19143
1,600
sq ft
.03
ac
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$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.
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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Property Details
Property Information
Property Type
End of Row/Townhouse
List Category
For Sale
House Size
sq ft
Days on Site
132 Days
Year Built
1920
MLS Number
PAPH2421184
Lot Information
Lot Size
ac
Construction/Structure
Architectural Style/Design
Straight Thru
Construction Materials
Masonry
Water Source
Public
Interior Features
Cooling: Window Unit(s)
Heating: Baseboard - Electric
Cooling Fuel: Electric
Heating Fuel: Electric
Exterior Features
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5900 PINE ST
PHILADELPHIA, PA 19143
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