Philadelphia, PA 19143 5900 Pine Street

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Presented By: ISS Realty, LLC
  • MLS# PAPH2421184
  • 11/18/2024
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  • Beds • 3

Home Details

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.
Presented By: ISS Realty, LLC

Interior Features for 5900 Pine Street

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
Avg. Heating Oil Per Month0.0
Basement (Y/N)No
Central Air Y/NNo
Fireplace Y/NNo
Furnished UnitsNone
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric

General for 5900 Pine Street

AccessibilityNone
Architectural StyleStraight Thru
Avg. Electric Per Month30.0
Avg. Gas Per Month0.0
Avg. Water Per Month150.0
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingWindow Unit(s)
CountyPHILADELPHIA
DirectionsGPS
Garage Y/NNo
HeatingBaseboard - Electric
Lease TypeMonth to Month
Lot Size Square Feet1280.00
Lot Size UnitsSquare Feet
MLS Area19143 (19143)
ModificationTimestamp2025-02-03T13:36:23
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total2
Number of Units Leased4
NumberOfUnitsVacant1
One Bedroom Units Count3
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG218.75
Property SubtypeQuadruplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictPHILADELPHIA CITY
SewerPublic Septic, Public Sewer
Single Room Units Count1
Standard StatusActive
StatusACTIVE
Structure TypeEnd of Row/Townhouse
Tax Annual Amount3394.0
Tax Assessed Value242500.0
Tax Lot177
Tax Year2025
Total Rooms4
Total SQFT1600
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1920
Year Built SourceAssessor
ZoningRM1

Exterior for 5900 Pine Street

Foundation DetailsOther
Land Assessed Value48500.00
Land Use CodeU30
Lot Dimensions16.00 x 80.00
Lot Size Acres0.03
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $350,000
MLS#PAPH2421184
List Date 11/18/2024
Property Type Multi-Family
Phone 703.929.4729
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