Description
Charming duplex in fern rock – income-generating opportunity! welcome to 5607 n park avenue, a well-maintained, legally zoned duplex situated in the desirable fern rock neighborhood of philadelphia with all rental licenses active and one unit vacant. this property offers an incredible investment opportunity, with a current gross monthly income of $2,300. the first unit is a 1-bedroom, 1-bath apartment renting for $1,000/month, while the second unit, currently vacant, is a 2-bedroom, 1-bath apartment with a rental potential of $1,200/month. featuring a shared laundry room and parking accessible from the back of the property. located just steps away from the olney transportation center on the broad street line for excellent public transportation options. whether you’re looking to expand your investment portfolio or occupy one unit while renting the other, this property provides flexibility and immediate income. additional highlights include: a large 2,368 sqft. lot with off-street parking available for multiple cars and a garage, which only requires a garage door installation to maximize its potential. the property also comes with security cameras, not currently active but included in the sale as well as on-site laundry. plus, enjoy peace of mind knowing the building is certified lead-safe.
as an added bonus, the owner is a licensed realtor, ensuring a smooth and professional transaction.
don’t miss your chance to own this income-producing duplex in a prime location. schedule your showing today!
Property Type
Multi-FamilySubdivision
Fern RockCounty
PHILADELPHIAStyle
TraditionalAD ID
49702737
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
Interior Features
- Property Appliances: Refrigerator,Stove,Microwave,Washer,Dryer
Heating & Cooling
- Cooling: None
- Heating: Steam
- Cooling Fuel: None
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1920
- Structure: Interior Row/Townhouse
- Major Appliances: Refrigerator,Stove,Microwave,Washer,Dryer
- New Construction: No
- Total Units: 2
- Built: 1920
- Construction Material: Masonry
- Foundation/Basement: Stone
- Architecture: Traditional
- Pool/Private: No Pool
Pool Information
- Pool: No Pool
Utility Features
- Sewer: Public Sewer
Water
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 2,368
- Dimensions: 20.00 x 118.00
- Lot Size (Acres): 0.05
- Architectural Style: Traditional
- Main Square Feet: 2,368
Property Information
- SQ ft: 1,556
- SQ ft (Living Area): 1,556
- Total Lot SQ ft: 2,368
- Subdivision: FERN ROCK
- Appx. Lot Dimensions: 20.00 x 118.00
- Total Acreage: 0.05
- New Construction: No
- Type: Traditional
-
Listing Information
Listing Information
- Possession: Immediate
- Days Of Market: 18
-
Taxes / Assessments
Tax Information
- Annual Tax: $3,236
- Tax Year: 2024
- Total Taxes Payment Frequency: Annually
Possession
- Immediate
Assessment Information
- Taxes Assessment Amount: $231,200
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Garage: 1
- Garage Type: Garage - Rear Entry
- Parking Type: Attached Garage,Off Street
Homeowners Association Information
- Direction: gps
-
School, Utilities & Location Details
School Information
- School District: PHILADELPHIA CITY
Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Cooling Fuel: None
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
Location Information
- Direction: gps
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BuyOwner last updated this listing 06/05/2025 @ 22:06
- MLS: PAPH2482280
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: BRIGHT MLS
is a Other, with 0 bedrooms which is for sale, it has 1,556 sqft, 2,368 sized lot, and 1 parking. are nearby neighborhoods.