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5900 Pine Street

Philadelphia PA 19143

3
1600 sq. ft.
1280 sq. ft.
Duplex
Currently for sale - view listing

Overview

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.

Features

3 bedrooms
1600 sq. ft. floor area
1280 sq. ft. lot size
Duplex

Happy sellers in Philadelphia

90%
90% of sellers in Philadelphia reported that their sale price either exceeded or met their price expectations.

Philadelphia stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Philadelphia over the last 12 months.

Local market activity for 3 bedroom duplexes in Philadelphia

In the last 12 months, 18 three-bedroom duplexes similar to 5900 Pine Street, have been sold.

This represents a 31% increase in three-bedroom duplexes sales when compared to the previous 12 months.

RateMyAgent
Sales:
(619) 566-0008
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