5400 Lebanon Ave, Philadelphia, PA 19131

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List Price
$360,000
Status
ACTIVE
Days on Market
80
Price Change
▼ $89,900 1791925832
MLS#
PAPH2653456
Subtype
Multi-Family
Style
Traditional
Year Built
1920
Living Area
2,976
Lot Size
1,939
Subdivision
Wynnefield
MLS Area Major
19131 (19131)

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. Located in the desirable 19131 zip code, the property offers strong rental income potential. The 2-bedroom unit offers potential rents of $1,400+/month, the 1-bedroom unit approximately $1,290+/month, and studio units $1,000+/month. Rental amounts are estimates based on current market conditions; buyer to independently verify rents and rental potential. It is 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 is responsible for verifying zoning, rental rates, and all property information.

Additional Information

Taxes
$3,859
Property Description
Traditional
Zoning
RSA5
Heating
Radiator(s)
Air Conditioning
Window/Wall
Foundation
Brick/Mortar
Parking Features
Private, Paved Driveway
School District
Philadelphia City

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