Patterson-Schwartz Real Estate5129 N 10Th Street, Philadelphia, PA 19141-4000 $229,000
Interior Sq. Ft: 1,600
Acreage: 0.08
Age:94 years
Taxes: $2,794
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.
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
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
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Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
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Public Elementary (132 schools)
Public Middle (28 schools)
Public High (56 schools)
Private (107 schools)
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This report is a detailed community overview for Philadelphia (19141), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 36
- Average salary of people in this community: $32,770
Community Summary
- Population Density (ppl / mile): 19,138
- Household Size (ppl): 2.66
- Households w/ Children: 66%
Housing Inventory
- Owned: 6,545 (45.7%)
- Rented: 5,978 (41.8%)
- Vacant: 1,791 (12.5%)
- Total: 14,314
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 4.7%
- Some High School: 10.6%
- High School Graduate: 38.1%
- Some College: 24.6%
- Associate Degree: 5.8%
- Bachelor's Degree: 10.7%
- Graduate Degree: 5.5%
Income by dollar range
Median Income: $32,388
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $780
- One Bedroom: $761
- Two Bedroom: $893
- Three Bedroom: $1,081
- Four Bedroom: $1,632
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Contact Information
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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.
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Listing data as of 11/25/2024.
Broker Compensation
An offer of broker compensation or seller concession is not a guarantee. All compensation offers and concessions are negotiable and subject to written agreement between the parties. Please consult with your real estate agent for more information.
