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Marjorie Dick Stuart

  • Cell 240-731-8079
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5900 Pine St, PHILADELPHIA, PA – $350,000

  • $350k Price
  • 1,600 Sqft
  • .03 Acres
  • 74 DOM
  • $350k Price
  • 1,600 Sqft
  • .03 Acres
  • 74 DOM

5900 Pine St

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.

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Essential Information

  • MLS® #PAPH2421184
  • Price$350,000
  • Bathrooms0.00
  • Square Footage1,600
  • Acres0.03
  • Year Built1920
  • TypeMulti-Family
  • Sub-TypeQuad, End of Row/Townhouse
  • StyleStraight Thru
  • StatusActive

Community Information

  • Address5900 Pine St
  • Area19143
  • CityPHILADELPHIA
  • CountyPHILADELPHIA-PA
  • StatePA
  • MunicipalityPHILADELPHIA
  • Zip Code19143

Interior

  • HeatingBaseboard - Electric
  • CoolingWindow Unit(s)

Exterior

  • FoundationOther

School Information

  • DistrictPHILADELPHIA CITY

Additional Information

  • Date ListedNovember 18th, 2024
  • Days on Market74
  • ZoningRM1

Listing Details

  • OfficeISS Realty, LLC
  • Office Contact2157950207
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Listing information last updated on January 30th, 2025 at 6:03pm CST.