PA > Philadelphia > Fern Rock
Philadelphia, PA 19141,5607 N PARK AVE
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Philadelphia, PA 19141,5607 N PARK AVE
Philadelphia, PA 19141,5607 N PARK AVE
Philadelphia, PA 19141,5607 N PARK AVE
Philadelphia, PA 19141,5607 N PARK AVE
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Ivan Rakela

Ivan Rakela

+1(703) 254-3790
Listed by Eric Land • KW Empower
$ 200,000
Est. payment /mo
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5607 N PARK AVE Philadelphia, PA 19141

1,556 SqFt

UPDATED:

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

Bright MLS (BMLS)
agent

Ivan Rakela

Agent

+1(703) 254-3790

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5607 N PARK AVE