Welcome to an exceptional investment opportunity at 1946 N 5th Street. This meticulously renovated multi-family duplex is perfect for an owner-occupant looking to house hack or an investor looking to add to their portfolio. The property features THREE sources for cash flow. There is a 1-bed/1-bath unit on the first floor, a 3-bed/2-bath unit on the second floor, and last but not least, the rear yard is leased for storage. The total combined rental income is $3,950 per month. Additionally, the basement is currently being used by the Landlord/Owner; continue to use it this way or possibly rent it out as storage to create additional income. The property benefits from the modern comforts of central air, all new stainless appliances, sleek design, and other modern amenities. Don't let this opportunity slip away; take advantage of this investment opportunity located in the South Kensington neighborhood. Whether you're an experienced investor or just entering the market, grasp this chance to acquire a profitable asset and schedule your showing today! Soon to be available 2055 N Franklin St is a similar duplex that can also be packaged with this property for a total of five (5) units. Both properties are certified lead free and have rental licenses in place for a truly turn key purchase.
Sold for $495,000 on 10/15/24
$495,000
1946 N 5th St, Philadelphia, PA 19122
4beds
--baths
1,942sqft
Townhouse
Built in 2023
-- sqft lot
$-- Zestimate®
$255/sqft
$1,321 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 16, 2024 at 02:33am
Listed by:
Lucas Pfaff 215-622-7753,
Keller Williams Main Line,
Listing Team: Fresh Places - Justin Bresson Team, Co-Listing Team: Fresh Places - Justin Bresson Team,Co-Listing Agent: Justin Bresson 610-613-7750,
Keller Williams Main Line
Bought with:
Ben Hooson-Jones, RS341171
KW Empower
Source: Bright MLS,MLS#: PAPH2342552

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,942
- Total interior livable area: 1,942 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Bi-Level
- Pool features: None
Lot
- Size: 1,200 sqft
- Dimensions: 16.00 x 79.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 183419100
- Zoning: RSA5
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Brick/Mortar
Condition
- Excellent
- New construction: Yes
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Philadelphia
- Subdivision: South Kensington
- Municipality: PHILADELPHIA
HOA & financial
Other financial information
- Total actual rent: 47400
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Income includes: Apartment Rentals, Other
- Ownership: Fee Simple