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6253 North 5th Street

Philadelphia PA 19120

2
1400 sq. ft.
2000 sq. ft.
Duplex
Currently for sale - view listing

Overview

6253 N 5th St – Prime value-add duplex in East Oak Lane with strong upside potential. This well-located property features two 1BR/1BA units, with the first-floor unit rented at $850/month (no lease; long-term tenant of 6+ years) and the second-floor unit vacant and ready for quick turnover and lease-up. Attached garages currently rent for $100 each, well below market. In fair condition, the property only needs light turnover work to be move-in ready. Significant upside exists with the ability to raise rents by $200+ per unit and increase garage income. Additional highlights include separate gas meters and hot water tanks, one electric box, one water meter, gas radiator heat, and a roof completed around 2000.

Features

2 bedrooms
1400 sq. ft. floor area
2000 sq. ft. lot size
Duplex

Happy sellers in Philadelphia

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We have insufficient information to provide an overview of customer satisfaction for Philadelphia. Viewing the agent profiles, reviews and sales for Philadelphia can provide insights for this location.

Local market activity for 2 bedroom duplexes in Philadelphia

In the last 12 months, 12 two-bedroom duplexes similar to 6253 North 5th Street, have been sold.

This represents a 52% increase in two-bedroom duplexes sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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