1152 South 11Th Street Philadelphia, PA 19147

$597,000
0.02
Acres
2,520
SQFT
237
$/SQFT
$597,000
2,520   sf
$237 / sf
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active
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Add this meticulously maintained triplex to your portfolio. Or here is the perfect opportunity for an owner-occupant looking to offset their mortgage with strong rental income already in place. Live in one unit while the other two apartments help pay the bills. The property generates $4,060/month in rental income, with long-term tenants who would love to stay. First-floor tenant has been in place since 2014 and pays $1,300/month. This lease ends May 31, 2027.Second-floor tenant pays $1,345/month with a lease through April 30, 2027. Top-floor unit, rented for $1,415/month on a month to month and available for an owner-occupant — or could command even higher rent with a new tenant.NO VACANCY SINCE 2012.Gas and electric are separately metered, utilities are split, and most mechanicals are newer or recently updated. The building has been consistently renovated, carefully maintained, and thoughtfully improved by the current owner, with maintenance records available for review. Whether you are looking to reduce your monthly housing costs, build long-term wealth through real estate, or invest in a turnkey multi-family property, this triplex offers flexibility, stability, and immediate income from day one.

Add this meticulously maintained triplex to your portfolio. Or here is the perfect opportunity for an owner-occupant looking to offset their mortgage with strong rental income already in place. Live in one unit while the other two apartments help pay the bills. The property generates $4,060/month in rental income, with long-term tenants who would love to stay. First-floor tenant has been in place since 2014 and pays $1,300/month. This lease ends May 31, 2027.Second-floor tenant pays $1,345/month with a lease through April 30, 2027. Top-floor unit, rented for $1,415/month on a month to month and available for an owner-occupant — or could command even higher rent with a new tenant.NO VACANCY SINCE 2012.Gas and electric are separately metered, utilities are split, and most mechanicals are newer or recently updated. The building has been consistently renovated, carefully maintained, and thoughtfully improved by the current owner, with maintenance records available for review. Whether you are looking to reduce your monthly housing costs, build long-term wealth through real estate, or invest in a turnkey multi-family property, this triplex offers flexibility, stability, and immediate income from day one.

  • Neighborhood
  • Type
  • County
    Philadelphia
  • Area
    19147
  • Tax Amount
    $7,629
  • Status
    Active
  • Listing #
    PAPH2620638
  • Built
    1915
  • Lot Size
    0.02
  • Listed on site
    22 days
  • Listing Agent Id
    121135727697

Listed by:
Elfant Wissahickon-Rittenhouse Square

Source:
BRIGHT MLS

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Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool

Style

  • Traditional

Property History

DateDays AgoEventNew Price
May 26, 20269 days agoPrice decreased52,000 (8%)$597,000
May 12, 202622 days agoNew on market$649,000
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