5701-5 TULIP ST, Philadelphia, PA 19135
5701-5 TULIP ST, Philadelphia, PA 19135
5701-5 TULIP ST, Philadelphia, PA 19135
25
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Listed by Kelvin Diaz • Allentown City Realty
$634,900
Est. payment /mo
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4,850 Sqft Lot
Pending

5701-5 TULIP ST Philadelphia, PA 19135

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Lee Wilson

Lee Wilson

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Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID PAPH2595124

Year Built 1960

Annual Tax Amount $5,330

Tax Year 2025

Lot Size 4,850 Sqft

Acres 0.11

Lot Dimensions 49.00 x 100.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Well-maintained 6-unit multifamily property located in Philadelphia. Each unit features 1 bedroom and 1 bathroom and is equipped with wall/window A/C units. The building currently has 4 occupied units, offering immediate rental income potential. Property includes gas heat with baseboard heating and gas water heaters. The heating system is serviced twice a year, with the most recent service completed in 2025. The side of the roof was repaired approximately three years ago. Windows were replaced in 2014. Additional amenities include a coin-operated washer and dryer for tenant convenience and on-site parking for up to 8 vehicles. Three units are vacant, Owner has not increased the rent for a couple of years, one unit pays $720, month to month, $780, month to month, the other unit $975, tenant extended the lease for a year. Rents can easily can be raised, the vacant units are ready to be rented and in great condition. This property presents a great opportunity for investors looking to add a stable multifamily asset in a strong rental market. Showings on weekends only since tenants work during the week.

Location

State PA

County Philadelphia

Area 19135 (19135)

Zoning RM1

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling Wall Unit

Flooring Carpet

Heat Source Natural Gas, Electric

Exterior

Garage Spaces 8.0

Utilities Available Electric Available, Natural Gas Available, Sewer Available

Water Access N

Roof Type Flat

Street Surface US Highway/Interstate

Accessibility None

Road Frontage Boro/Township, State

Total Parking Spaces 8

Garage N

Building

Foundation Stone

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 411439000

Ownership Fee Simple

Acceptable Financing Cash, Conventional, VA

Listing Terms Cash, Conventional, VA

Financing Cash,Conventional,VA

Special Listing Condition Standard

Bright MLS (BMLS)

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5701-5 TULIP ST