5129 North 10th Street
$229,000
7
3
1,600
1,600
$143
Description
Investment Triplex with Reliable Income & Development Potential! Fantastic investment opportunity with this fully rented triplex on an oversized lot, offering additional potential for future development (buyer due diligence required). The property includes three separate units: a large 5-bedroom unit with a kitchen and bathroom, and two 1-bedroom/1-bath units with kitchens. Additional features include a garage accessible from the rear alley under the deck. The property is currently leased to a professional...Investment Triplex with Reliable Income & Development Potential! Fantastic investment opportunity with this fully rented triplex on an oversized lot, offering additional potential for future development (buyer due diligence required). The property includes three separate units: a large 5-bedroom unit with a kitchen and bathroom, and two 1-bedroom/1-bath units with kitchens. Additional features include a garage accessible from the rear alley under the deck. The property is currently leased to a professional property management company that manages over 20 properties. They guarantee a monthly rental income of $2,200 ($26,400 annually) and handle all utilities, maintenance, and repairs, with the landlord covering material costs only, as necessary. The management company also oversees subleasing for each unit, offering the owner a dependable, hands-off income stream. Property is being sold in as-is condition and Buyer is responsible for all municipal certifications. This property can also be purchased as part of a 3 property portfolio package including 1221 Wagner Ave, Philadelphia and 3539 N Marvine St, Philadelphia which is producing a combined $69,600 annually. The asking price for all 3 properties is $600,000.
- Listed by Austin Cennimo • Keller Williams Realty - MoorestownP: (609)-372-6863 austin@777propertygroup.com
Property Details for 5129 North 10th Street
Tax ID Number
492165500
OwnershipFee Simple
Structure TypeTwin/Semi-Detached
StyleStraight Thru
WaterfrontNo
ViewsStreet
GarageYes
Expected On Market Date11-08-2024
LISTING UPDATED: 11/12/2024 10:12 PM
Property Details for 5129 North 10th Street
Status | Active |
---|---|
MLS # | PAPH2415184 |
Days on Market | 25 |
Taxes | $2,794 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1930 |
Lot Size | 0.08 AC / 3,383 SF |
County | Philadelphia County |
Building Information for 5129 North 10th Street
Stories-Residences3Year Built1930Building Size-Lot Size0.08 AC / 3,383 SF
Property Information for 5129 North 10th Street
Property History for 5129 North 10th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5129 North 10th Street
Taxable ValueLand$39,920Additions$159,680Total$199,600
Tax Record2023$2,794 ($233 / month)
Home Facts
Total Finished SqFt1,600 SqFtAbove Grade Finished SqFt1,600 SqFtStories2Lot Size3,383 SqFtStyleMulti-Family Res (5+ Units)Year Built1930ZoningRSA3CountyPHILADELPHIAAPN49-2-1655-00
Schools near 5129 North 10th Street
This home is within The School District of Philadelphia.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Widener Memorial School PublicK to 12 | ||
OLNEY HS Public9 to 12 | ||
Girls High School Public9 to 12 | ||
Central High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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