5900 PINE STREET, Philadelphia, PA 19143
- 1,600 sqft
Multi-Family Home
Built in 1920
1,307sqft lot
—— car garage
$219/sqft
Listed 8 months ago
Property Description
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.
- Listing Status:
- Active
- Date Added:
- February 3, 2025 at 06:00AM
- Listing Office:
- ISS Realty, LLC : 2157950207
- Listing Agent:
- tal iss : 7189098680
- MLS ID:
- PAPH2421184

- A/C: Window Unit(s)
- Heating: YBaseboard - ElectricElectric
- Disability Feature: None
This listing courtesy of tal iss, ISS Realty, LLC
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
W. C. Bryant Promise Academy
6001 Cedar Ave, Philadelphia, PA, 19143
Grades KG-8
0.23 miles away
W. C. Bryant Promise Academy
6001 Cedar Ave, Philadelphia, PA, 19143
Grades KG-8
0.23 miles away
William L. Sayre High School
5800 Walnut St, Philadelphia, PA, 19139
Grades 9-12
0.20 miles away