Unlock the potential of this prime investment opportunity, situated on a charming, tree-lined block in the thriving Garden Court neighborhood of West Philadelphia! This completely renovated and meticulously maintained triplex offers not just a property, but a growing investment opportunity. Featuring three sunlit units with modern amenities, this property has attracted consistent occupancy offering both comfort and convenience. Each unit enjoys a green view of Malcolm X Park central to community gatherings; tenants enjoy a diverse local food culture, farmers markets and unique neighborhood shops with surrounding commercial strips on Baltimore Ave and 52nd St. With easy access to public transportation, a short walk to University City and Center City only minutes away this location is perfect for tenants traveling the city and hosting a variety of lifestyles. Every detail of this triplex has been thoughtfully renovated with an open floor plan, new plumbing and updated HVAC systems, featuring contemporary finishes including stainless steel appliances, quartz countertops, dishwashers, central A/C and in-unit laundry. The first-floor unit is a spacious 1-bedroom that includes a private rear patio, a sizable kitchen island, and basement access for additional storage. Unit 2 offers a mindful 2-bedroom layout with bedrooms at opposite ends, perfect for shared living arrangements, while the third unit offers a nice sized front bedroom with park views. This property is eligible for the Pathway to Prosperity $10k GRANT and 5% DOWN payment through Fannie Mae. Some buyers may qualify for the $10k Philly First Grant (must be a 1st time home buyer and Philadelphia resident). Fully rented with potential for Owner Occupancy, this property offers immediate cash flow and a hassle-free investment. Don’t miss out on this turnkey opportunity to secure a stable asset in a rapidly appreciating neighborhood!
Property Details
Property Features
Property Information:
Architectural Style: Traditional
Year Built: 1925
Living Area: 2,250 SqFt
Listing Office:
Office Name: Compass Pennsylvania, LLC
Office Phone: (267) 435-8015
Listing Agent: Kathryn Rahman
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Parking: On Street
Lot Features
Lot Information:
Lot Size: 0.03 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Central Air
Other
Directions Information:
Directions: 51st St to Pine St.
Municipality:
Philadelphia
Price Information
Listing Price Info
Price Summary:
List Price: $629,000
Price Per SqFt: $280/SqFt
Tax Information:
Annual Amount: $1,335
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Philadelphia, PA.
This property is $367.1K more than the Median Sold Price and $81/SqFt more than other homes in Philadelphia, PA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #PAPH2400986
Listing Office:
Office Name: Compass Pennsylvania, LLC
Office Phone: (267) 435-8015
Listing Agent: Kathryn Rahman
Information Deemed Reliable But Not Guaranteed. 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 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,207
Per Month
Principal & Interest
$3,140
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,952
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Universal Institute Charter School at Bluford
5801 Media St
Distance between this listing and this school1.50 miles
Public Charter Grades KG-6
3
/10
Inquiry Charter School
1301 Belmont Ave
Distance between this listing and this school1.62 miles
Public Charter Grades PK-5
3
/10
Stonehurst Hills Elementary School
7051 Ruskin Ln
Distance between this listing and this school1.74 miles
Public District Grades KG-5
Nearby Schools
4
/10
Global Leadership Academy Charter School Southwest a
5200 Pine St
Distance between this listing and this school0.07 miles
Public Charter Grades KG-8
2
/10
Avery D. Harrington School
5300 Baltimore Ave # 34
Distance between this listing and this school0.49 miles
Public District Grades KG-8
5
/10
Henry C. Lea School
4700 Locust St
Distance between this listing and this school0.50 miles
Public District Grades KG-8
Nearby Schools
3
/10
The Workshop School
221 S Hanson St
Distance between this listing and this school0.39 miles
Public Magnet Grades 9-12
4
/10
Boys Latin of Philadelphia Charter School
5501 Cedar Ave
Distance between this listing and this school0.43 miles
Public Charter Grades 6-12
2
/10
West Philadelphia High School
4901 Chestnut St
Distance between this listing and this school0.46 miles
The neighbors living near this home have an average income of $19,412. The most common annual income of people living in Philadelphia, PA is less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
This home is located at 5139 Pine St in Philadelphia, PA and zip code 19143 in the West Philadelphia neighborhood. This 2,250 square foot home, which was built in 1925, sits on a 0.03 acre lot. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $629,000.
Over 252 listings were sold over their listed price in October 2024 in Philadelphia, PA. In the same period over 567 listings were sold below the listed price and 237 listings were sold for the listed price. Between September 2024 and October 2024, Philadelphia, PA real estate market has seen increase in the number of listings by 9.8%. While the average time on the market in October 2024 was 44 days, the median list price was $261,807.
From Rocket Homes Real Estate and based on county public records data.