1 of 11

Want to see this property?

5900 Pine Street

Philadelphia, PA 19143

– beds
– baths
1,600 sqft
1,280 sqft lot
$218 per sqft
1920 build

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.

Listing courtesy of BRIGHT / ISS Realty, LLC

Last checked: Checking… • Last updated Nov 20, 2024 •

MLS# PAPH2421184 —

The Building

Year Built:

1920
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Masonry
Structure Type:

End of Row/Townhouse
Architectural Style:

Straight Thru
Building Units Total:

2
Accessibility Features:

None
Foundation Details:

Other
Basement:

No
Total SqFt Source:

Assessor
Total Below Grade SqFt Source:

Assessor
Tax Total Finished SqFt:

1600

Interior

Room Count:

4
Fireplace:

No
Living Area SqFt Source:

Assessor

Room Dimensions

Total SqFt:

1600
Living Area SqFt:

1,600 Sqft

Financial & Terms

Sale Type:

Standard
Possession:

Settlement

Location

Directions:

GPS
Latitude:

39.95508200
Longitude:

-75.24031100

The Property

Property Type:

Multi-Family
Property Subtype:

Quadruplex
Lot Size Units:

Square Feet
Lot Size Acres:

0.03
Lot Size Source:

Assessor
Lot Size Dimensions:

16.00 x 80.00
Lot Dimensions Source:

Assessor
Lot SqFt:

1,280 Sqft
Zoning:

RM1
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:

U30
Riparian Rights:

No

Listing Agent

Contact info:

Taxes

Tax ID Number:

032042100
Tax Year:

2024
Tax Lot:

177
Tax Annual Amount:

$3,159
Tax Assessed Value:

$225,700
Year Assessed:

2024
School Tax:

1769.0
City/Town Tax:

1390.00
Total Taxes Payment Frequency:

Annually

Heating & Cooling

Cooling Type:

Window Unit(s)
Central Air:

No
Cooling Fuel:

Electric
Heating:

Yes
Heating Type:

Baseboard - Electric
Heating Fuel:

Electric

Utilities

Sewer/Septic:

Public Septic, Public Sewer
Hot Water:

Electric
Water Source:

Public

Schools

School District Name:

Philadelphia City
School District Source:

Listing Agent

The Community

Pool:

No Pool

Parking

Garage:

No
Type of Parking:

None

Extra Units

# of Units:

3
Vacation Rental:

No
Units Furnished:

None
Single Room Units:

1
One Bedroom Units:

3

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
11/18/24 Nov 18, 2024	Listed / Active	BRIGHT	$350,000

Want a closer look?

Go see 5900 Pine Street

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Philadelphia, PA

Similar sold homes

This multifamily located in West Philadelphia, Philadelphia, PA 19143 is currently for sale for $350,000. 5900 Pine Street is a 1,600 square foot multifamily with – beds and – baths. 5900 Pine Street is in the West Philadelphia neighborhood of Philadelphia and has a WalkScore® of 62, making it somewhat walkable. This multifamily is in the attendance area of William C. Bryant School and Sayre High School.

Listing Courtesy of: BRIGHT and ISS Realty, LLC.

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.