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.
| Price: | $$549,500 |
| Address: | 1946 N 5th Street |
| City: | Philadelphia |
| County: | Philadelphia |
| State: | Pennsylvania |
| Zip Code: | 19122 |
| Subdivision: | SOUTH KENSINGTON |
| MLS: | PAPH2342552 |
| Year Built: | 2023 |
| Square Feet: | 1,942 |
| Acres: | 0.030 |
| Lot Square Feet: | 0.030 acres |
