5139 PINE ST, Philadelphia, PA 19143 - MLS#PAPH2400986

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Adam Ferst

[email protected] +1(202) 421-5500

$629,000

Est. payment - /mo

2,250 SqFt

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UPDATED:

10/10/2024 05:44 PM

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,250 sqft

Price per Sqft $279

MLS Listing ID PAPH2400986

Style Traditional

Abv Grd Liv Area 2,250

Originating Board BRIGHT

Year Built 1925

Annual Tax Amount $4,157

Tax Year 2024

Lot Size 1,280 Sqft

Acres 0.03

Lot Dimensions 16.00 x 80.00

Property Description

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!

Location

State PA

County Philadelphia

Area 19143 (19143)

Zoning RM1

Rooms

Basement Full, Partially Finished

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Electric

Exterior

Waterfront N

Water Access N

Accessibility None

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 602127400

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

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Listed by Kathryn Rahman • Compass RE

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Adam Ferst

+1(202) 421-5500

Agent | RSRS325119

Agent RSRS325119

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