5607 N PARK AVE new to site Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19141
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,556 sqft
Price per Sqft $128
Subdivision Fern Rock
MLS Listing ID PAPH2482280
Style Traditional
Abv Grd Liv Area 1,556
Year Built 1920
Annual Tax Amount $3,236
Tax Year 2024
Lot Size 2,368 Sqft
Acres 0.05
Lot Dimensions 20.00 x 118.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Charming Duplex in Fern Rock – Income-Generating Opportunity! Welcome to 5607 N Park Avenue, a well-maintained, legally zoned duplex situated in the desirable Fern Rock neighborhood of Philadelphia with all rental licenses active and one unit vacant. This property offers an incredible investment opportunity, with a current gross monthly income of $2,065. The first unit is a 1-bedroom, 1-bath apartment renting for $1,000/month, while the second unit, currently vacant, is a 2-bedroom, 1-bath apartment with a rental potential of $1,065/month. Whether you're looking to expand your investment portfolio or occupy one unit while renting the other, this property provides flexibility and immediate income. Additional highlights include: a large 2,368 sqft. Lot with off-street parking available for multiple cars and a garage, which only requires a garage door installation to maximize its potential. The property also comes with security cameras, not currently active but included in the sale as well as on-site laundry. Plus, enjoy peace of mind knowing the building is certified lead-safe.
As an added bonus, the owner is a licensed realtor, ensuring a smooth and professional transaction.
Don't miss your chance to own this income-producing duplex in a prime location. Schedule your showing today!
Location
State PA
County Philadelphia
Area 19141 (19141)
Zoning RSA5
Interior
Hot Water Natural Gas
Heating Steam
Cooling None
Equipment Refrigerator,Stove,Microwave,Washer,Dryer
Fireplace N
Appliance Refrigerator,Stove,Microwave,Washer,Dryer
Heat Source Natural Gas
Exterior
Parking Features Garage - Rear Entry
Garage Spaces 3.0
Water Access N
Accessibility None
Attached Garage 1
Total Parking Spaces 3
Garage Y
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Traditional
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 493225800
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard