5900 Pine Street

PHILADELPHIA, PA 19143

  • 0 Bed(s)
  • 0 Bath(s)
  • 1,600 Sqft
  • 1280
    Sqft(Lot)
$350,000

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 Type

    Multi-Family

  • County

    PHILADELPHIA

  • Style

    Straight Thru

  • AD ID

    47665037

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Property Details

  • Water/Sewer

    • Water Source : Public

    Heating & Cooling

    • Cooling: Window Unit(s)
    • Heating: Baseboard - Electric
    • Cooling Fuel: Electric
    • Heating Fuel: Electric

  • Building Information

    • Year Built: 1920
    • Structure: End of Row/Townhouse
    • New Construction: No
    • Total Units: 2
    • Built: 1920
    • Construction Material: Masonry
    • Foundation/Basement: Other
    • Architecture: Straight Thru
    • Pool/Private: No Pool

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Septic,Public Sewer

    Water

    • Water Heat: Electric

  • Lot Information

    • Lot Size: 1,280
    • Dimensions: 16.00 x 80.00
    • Lot Size (Acres): 0.03
    • Architectural Style: Straight Thru
    • Main Square Feet: 1,280

    Property Information

    • SQ ft: 1,600
    • SQ ft (Living Area): 1,600
    • Total Lot SQ ft: 1,280
    • Appx. Lot Dimensions: 16.00 x 80.00
    • Total Acreage: 0.03
    • New Construction: No
    • Type: Straight Thru

  • Listing Information

    • Possession: Settlement
    • Days Of Market: 33

  • Tax Information

    • Annual Tax: $3,159
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Settlement

    Assessment Information

    • Taxes Assessment Amount: $225,700

  • Parking Information

    • Parking Type: None

    Homeowners Association Information

    • Direction: GPS

  • School Information

    • School District: PHILADELPHIA CITY

    Utility Information

    • Water Source: Public
    • Sewer: Public Septic,Public Sewer
    • Cooling Fuel: Electric
    • Heating Fuel: Electric
    • Hot Water: Electric

    Location Information

    • Direction: GPS
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BuyOwner last updated this listing 12/27/2024 @ 10:41

  • MLS: PAPH2421184
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 1,600 sqft, 1,280 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of PHILADELPHIA , in zip code 19143, this PHILADELPHIA County Other are nearby neighborhoods.