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1946 N 5th St

$549,500
1946 N 5th St, Philadelphia, PA 19122
1946 N 5th St

1946 N 5th St

$549,500

Welcome to an exceptional investment opportunity at 1946 N 5th Street. This meticulously renovated multi-family duplex is perfect for an owner-occupant looking to house hack or an investor looking to add to their portfolio. The property features THREE sources for cash flow. There is a 1-bed/1-bath unit on the first floor, a 3-bed/2-bath unit on the second floor, and last but not least, the rear yard is leased for storage. The total combined rental income is $3,950 per month. Additionally, the basement is currently being used by the Landlord/Owner; continue to use it this way or possibly rent it out as storage to create additional income. The property benefits from the modern comforts of central air, all new stainless appliances, sleek design, and other modern amenities. Don't let this opportunity slip away; take advantage of this investment opportunity located in the South Kensington neighborhood. Whether you're an experienced investor or just entering the market, grasp this chance to acquire a profitable asset and schedule your showing today! Soon to be available 2055 N Franklin St is a similar duplex that can also be packaged with this property for a total of five (5) units. Both properties are certified lead free and have rental licenses in place for a truly turn key purchase.
Lucas Pfaff
Lucas Pfaff Contact
Justin Bresson
Justin Bresson Contact

Features & Amenities

Interior

Total Bedrooms 2

Exterior

Water Source Public
Parking On Street
Heat type Forced Air, Natural Gas
Air Conditioning Central Air
Sewer Public Sewer

Area & Lot

Status For Sale
LIVING SPACE 1,942 Sq.Ft.
LOT SIZE 1,200 Sq.Ft.
MLS® ID PAPH2342552
Type Multi-Family
Year Built 2023
Architecture Styles Bi-level
School District THE SCHOOL DISTRICT OF PHILADELPHIA

Financial

SALES PRICE $549,500
REAL ESTATE TAXES $3,451/yr

Work With Fresh Places

Our specialty is in relationships. Whether it’s your first time buying, selling, renting, investing, or your umpteenth time signing an agreement of sale, you can trust that your bottom line will always be our top priority.

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