5129 N 10Th Street, Philadelphia, PA 19141-4000 $228,991

# of Units: 3
Interior Sq. Ft: 1,600
Acreage: 0.08
Age:95 years
Taxes: $2,974
MLS#: PAPH2415184
Subdivision: Olney
Design/Type:
Twin/Semi-Detached

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.

Taxes: $2,974
Home Assoc: No
Condo Assoc: No
Garage: Y
Basement: Y
Pool: No Pool
School Dist: Philadelphia City

Features

Utilities
Radiator Heating, Natural Gas, None, None, Hot Water - Natural Gas, Public Water, Public Sewer, 200+ Amp Service, Circuit Breakers, Above Ground, Electric Available

Garage/Parking
Attached Garage, On Street, Other, Attached Garage Spaces #: 2;

Interior
Ceiling Fan(s), Combination Dining/Living, Dining Area, Entry Level Bedroom, Poured Concrete , Accessibility - >84" Garage Door, Accessibility - 2+ Access Exits, Accessibility - 32"+ wide Doors, Accessibility - Doors - Swing In, Casement Windows, Energy Efficient Windows, Vinyl Clad Windows, Insulated Doors, Storm Doors

Exterior
Stone Foundation, Asphalt Roof, Masonry, Deck(s), BBQ Grill, Street Lights

Lot
Front Yard, Urban, Street View

Contact Information

Listing Courtesy of: Keller Williams Realty - Moorestown , (856) 316-1100, klrw984@kw.com

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 2/25/2025.