5578 Ludlow Street Philadelphia, PA 19139

$299,900
0.03
Acres
1,204
SQFT
249
$/SQFT
$299,900
1,204   sf
$249 / sf
Favorite

active
1/28
Street View

INVESTOR OPPORTUNITYExcellent opportunity to add an income-producing duplex to your Philadelphia real estate portfolio. The property features two residential units and a detached garage, providing multiple sources of rental income.Unit 1 is a 2-bedroom, 1-bathroom apartment that is currently vacant and was previously rented for $1,050 per month, allowing the new owner to select their own tenant and establish a new lease.Unit 2 is a 2-bedroom, 1-bathroom apartment that is currently occupied and rented for $1,200 per month. The detached garage generates an additional $700 per month.Based on the current and most recent rental rates, the property has the potential to generate approximately $2,950 per month and $35,400 in annual gross rental income when fully occupied. With existing income and additional upside through the vacant unit, this property offers flexibility and strong income potential for both new and experienced investors.Schedule your showing today!

INVESTOR OPPORTUNITYExcellent opportunity to add an income-producing duplex to your Philadelphia real estate portfolio. The property features two residential units and a detached garage, providing multiple sources of rental income.Unit 1 is a 2-bedroom, 1-bathroom apartment that is currently vacant and was previously rented for $1,050 per month, allowing the new owner to select their own tenant and establish a new lease.Unit 2 is a 2-bedroom, 1-bathroom apartment that is currently occupied and rented for $1,200 per month. The detached garage generates an additional $700 per month.Based on the current and most recent rental rates, the property has the potential to generate approximately $2,950 per month and $35,400 in annual gross rental income when fully occupied. With existing income and additional upside through the vacant unit, this property offers flexibility and strong income potential for both new and experienced investors.Schedule your showing today!

  • Neighborhood
  • Type
  • County
    Philadelphia
  • Area
    19139
  • Tax Amount
    $4,459
  • Status
    Active
  • Listing #
    PAPH2667542
  • Built
    1925
  • Lot Size
    0.03
  • Listed on site
    7 days
  • Listing Agent Id
    121136167504
  • Co Listing Agent Id
    1700005229594

Listed by:
Compass Pennsylvania, LLC

Source:
BRIGHT MLS

Click for Map
Smart Commute Planner
Add a destination

School Info

Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions

Exterior features

  • No Pool
  • Basement

Interior Features

  • Central Air Conditioning
  • Gas Oven
  • Wood Floors

Style

  • Two Story
  • Duplex
  • End Unit
Favorite

Tour This Home

Mon
05Oct
Tue
06Oct
Wed
07Oct
Thu
08Oct
Fri
09Oct
Sat
10Oct
Sun
11Oct
Mon
12Oct
Tue
13Oct
Wed
14Oct
Thu
15Oct
Fri
16Oct
Sat
17Oct
Sun
18Oct
in Person
via Video Call