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Sold for $305,000 on 04/10/24
  • $305,000

    5031 Portico St, Philadelphia, PA 19144

    5beds
    --baths
    1,767sqft
    Duplex
    Built in 1915
    -- sqft lot
    $317,300 Zestimate®
    $173/sqft
    $1,781 Estimated rent

    What's special

    HUGE SAVINGS OPPORTUNITY!!! Buyer could get 1% lower rate 5.625% from local lender and NO PMI if less than 20%!! Ask me for more details! The owner has recently acquired the rear lot, poised to construct an additional eight units in 2025, promising added value and potential for expansion. The first floor boasts convenient backyard access with a privacy fence, creating a serene outdoor space for relaxation. This property features two distinct units: Unit 1: 2 beds, 1 bath Unit 2: 3 bed, 1 bath A lucrative opportunity awaits investors, with Section 8 currently paying up to $1764 for two-bedroom units and $2136 for three-bedroom units, totaling a substantial annual income of up to $46,000. Moreover, the property is conveniently located just steps away from the 23 bus route, enhancing accessibility and convenience to Chestnut Hill or Center City!!! Don't miss your chance to capitalize on this promising investment in the heart of Germantown's rich history and growth.

    Zillow last checked: 7 hours ago

    Listing updated: August 09, 2024 at 06:17am

    Listed by:

    Chardae Taylor 267-496-4967,

    KW Empower,

    Listing Team: Phillyliving, Co-Listing Team: Phillyliving,Co-Listing Agent: Noah S Ostroff 215-392-0230,

    KW Empower

    Bought with:

    NGUYET LE, RS350908

    Philadelphia Homes

    Source: Bright MLS,MLS#: PAPH2319724MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    Basement
    • Area: 0
    Heating
    • Central, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Wood
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,767
    • Total interior livable area: 1,767 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Bi-Level
    • Pool features: None
    Lot
    • Size: 938 sqft
    • Dimensions: 38.00 x 25.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 123135800
    • Zoning: RSA5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Stucco
    • Foundation: Concrete Perimeter
    • Roof: Architectural Shingle
    Condition
    • Very Good
    • New construction: No
    • Year built: 1915

    Utilities & green energy

    • Sewer: Public Septic
    • Water: Public

    Community & neighborhood

    Location
    • Region: Philadelphia
    • Municipality: PHILADELPHIA

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,FHA,Conventional,VA Loan
    • Ownership: Fee Simple
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $317,300
    2% more+ $6,346
    With Zillow Showcase(estimated)
    $323,646