Homes for sale - 5129 N 10TH ST, Philadelphia, PA 19141

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William Mercogliano III

themercteam@gmail.com +1(856) 472-9836

$229,000

Est. payment - /mo

1,600 SqFt

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UPDATED:

11/13/2024 02:12 AM

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $143

Subdivision Olney

MLS Listing ID PAPH2415184

Style Straight Thru

Abv Grd Liv Area 1,600

Originating Board BRIGHT

Year Built 1930

Annual Tax Amount $2,794

Tax Year 2024

Lot Size 3,383 Sqft

Acres 0.08

Lot Dimensions 38.00 x 90.00

Property 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 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.

Location

State PA

County Philadelphia

Area 19141 (19141)

Zoning RSA3

Rooms

Basement Poured Concrete

Interior

Interior Features Ceiling Fan(s), Dining Area, Combination Dining/Living, Entry Level Bedroom

Hot Water Natural Gas

Heating Radiator

Cooling None

Equipment Water Heater, Stove, Oven/Range - Gas, Intercom, Range Hood, Refrigerator

Fireplace N

Window Features Casement,Energy Efficient,Vinyl Clad

Appliance Water Heater, Stove, Oven/Range - Gas, Intercom, Range Hood, Refrigerator

Heat Source Natural Gas

Exterior

Exterior Feature Deck(s)

Garage Other

Garage Spaces 2.0

Utilities Available Above Ground, Electric Available

Waterfront N

Water Access N

View Street

Roof Type Asphalt

Accessibility 32\"+ wide Doors, >84\" Garage Door, Doors - Swing In, 2+ Access Exits

Porch Deck(s)

Attached Garage 2

Total Parking Spaces 2

Garage Y

Building

Lot Description Front Yard

Foundation Stone

Sewer Public Sewer

Water Public

Architectural Style Straight Thru

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 492165500

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, Private

Listing Terms Cash, Conventional, Private

Financing Cash,Conventional,Private

Special Listing Condition Standard

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Listed by Austin Cennimo • Keller Williams Realty - Moorestown

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William Mercogliano III

+1(856) 472-9836

Broker Associate | License ID: 0893537

Broker Associate License ID: 0893537

5129 N 10TH ST Philadelphia, PA 19141

William Mercogliano III

William Mercogliano III

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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