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5129 N 10th Street

Philadelphia, PA 19141

– beds
– baths
1,600 sqft
3,383 sqft lot
$143 per sqft
1930 build

Investment Triplex with Reliable Income & Development Potential! Fantastic investment opportunity with this fully rented triplex on an oversized lot, offering additional potential for future development (buyer due diligence required). The property includes three separate units: a large 5-bedroom unit with a kitchen and bathroom, and two 1-bedroom/1-bath units with kitchens. Additional features include a garage accessible from the rear alley under the deck. The property is currently leased to a professional property management company that manages over 20 properties. They guarantee a monthly rental income of $2,200 ($26,400 annually) and handle all utilities, maintenance, and repairs, with the landlord covering material costs only, as necessary. The management company also oversees subleasing for each unit, offering the owner a dependable, hands-off income stream. Property is being sold in as-is condition and Buyer is responsible for all municipal certifications. This property can also be purchased as part of a 3 property portfolio package including 1221 Wagner Ave, Philadelphia and 3539 N Marvine St, Philadelphia which is producing a combined $69,600 annually. The asking price for all 3 properties is $600,000.

Listing courtesy of BRIGHT / Keller Williams Realty - Moorestown

Last checked: Checking… • Last updated Nov 13, 2024 •

MLS# PAPH2415184 —

The Building

Year Built:

1930
Year Built Source:

Assessor
Year Major Reno/Remodel:

2012
New Construction:

No
Construction Materials:

Masonry
Structure Type:

Twin/Semi-Detached
Architectural Style:

Straight Thru
Building Units Total:

3
Roof:

Asphalt
Door Features:

Storm, Insulated
Window Features:

Casement, Energy Efficient, Vinyl Clad
Accessibility Features:

32, >84, Doors - Swing In, 2+ Access Exits
Foundation Details:

Stone
Basement:

Yes
Basement Type:

Poured Concrete
Total SqFt Source:

Estimated
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

1600

Interior

Interior Features:

Ceiling Fan(s), Dining Area, Combination Dining/Living, Entry Level Bedroom
Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

1700
Living Area SqFt:

1,600 Sqft

Financial & Terms

Sale Type:

Standard
Acceptable Financing:

Cash, Conventional, Private
Possession:

Subject to Existing Lease

Location

Directions:

Cross St Lindley Ave
Cross Street:

W Duncannon Ave
Latitude:

40.03069305
Longitude:

-75.13916779
Location Type:

Urban

The Property

Property Type:

Multi-Family
Property Subtype:

Triplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.08
Lot Size Source:

Assessor
Lot Size Dimensions:

38.00 x 90.00
Lot Dimensions Source:

Assessor
Lot Features:

Front Yard
Lot SqFt:

3,383 Sqft
Exclusions:

All personal property
Zoning:

RSA3
View:

Street
Outdoor Living Structures:

Deck(s)
Other Structures:

Above Grade, Below Grade
Water View:

No
Waterfront:

No
Water Oriented:

No
Water Access:

No
Navigable Water:

No
Tidal Water:

No
Land Use Code:

N30
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

492165500
Tax Year:

2024
Tax Lot:

189
Tax Annual Amount:

$2,794
Tax Assessed Value:

$199,600
Year Assessed:

2024
School Tax:

1564.0
City/Town Tax:

1229.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

None
Central Air:

No
Cooling Fuel:

None
Heating:

Yes
Heating Type:

Radiator
Heating Fuel:

Natural Gas

Utilities

Utilities:

Above Ground, Electric Available
Sewer/Septic:

Public Sewer
Electric Service:

200+ Amp Service, Circuit Breakers
Hot Water:

Natural Gas
Water Source:

Public

Appliances

Appliances:

Water Heater, Stove, Oven/Range - Gas, Intercom, Range Hood, Refrigerator

Schools

School District Name:

Philadelphia City
School District Source:

Listing Agent

The Community

Subdivision Name:

Olney
Exterior Features:

BBQ Grill, Street Lights
Pool:

No Pool
Association Recreation Fee:

No

Parking

Total Garage and Parking Spaces:

2
Garage:

Yes
Garage Features:

Other
Garage Spaces:

2.00
Type of Parking:

On Street, Attached Garage
# of Attached Garage Spaces:

2

Extra Units

Other Units:

Unit 1,Unit 2,Unit 3
Vacation Rental:

No
One Bedroom Units:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/1/24 Nov 1, 2024	Listed / Active	BRIGHT	$229,000

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This multifamily located in Olney Oak Lane, Philadelphia, PA 19141 is currently for sale for $229,000. 5129 N 10th Street is a 1,600 square foot multifamily with – beds and – baths. 5129 N 10th Street is in the Olney Oak Lane neighborhood of Philadelphia and has a WalkScore® of 69, making it somewhat walkable. This multifamily is in the attendance area of Olney High School and Lindley Academy Charter School At Birney.

Listing Courtesy of: BRIGHT and Keller Williams Realty - Moorestown.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. BRIGHT MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. 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.