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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

    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.

    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#: PAPH2342552MLS Logo

    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
    Services availability