5400 Lebanon Ave, Philadelphia, PA 19131

$499,900
2,976
SqFt

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List Price
$499,900
Status
ACTIVE
MLS#
PAPH2653456
Living Area
2,976
Region
19131 (19131)
Subdivision
Wynnefield
Neighborhood
Wynnefield
Year Built
1920

Property Description

Exceptional investment opportunity! This legally zoned fourplex is being offered fully vacant, providing the flexibility to set your own rents or occupy a unit while generating income from the others. The building consists of one spacious 2-bedroom apartment, one 1-bedroom apartment featuring a private balcony, and two studio apartments, all with recent updates and modern finishes. Located in the desirable 19131 zip code, the property offers excellent rental income potential. Current PHA payment standards are up to $2,010/month for a 2-bedroom, $1,690/month for a 1-bedroom, and $1,550/month for a studio (buyer to verify current program guidelines and eligibility). This property may be purchased individually or as part of a package with the neighboring duplex at 5402 Lebanon Ave, creating an outstanding opportunity to expand your investment portfolio. Conveniently located near City Avenue, public transportation, shopping, major highways, and universities. Strong income potential, recent updates, and a fully vacant building make this a rare opportunity—prepare your offer today! Buyer responsible for verifying zoning, rental rates, and all property information.

Additional Information

Style
Traditional
Foundation
Brick/Mortar
Accessibility Features
No Stairs
Sewer Septic
Public Sewer
Parking
Private, Paved Driveway
Water
Public
Basement
Yes
Heating
Radiator

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Real Estate Bosses. Contact: 2157013181

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