$ 549,000
-
$549,000
Price -
7
Bed -
3
Bath -
2,286
SqFt
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About the Listing ERLLC - 3297642
Welcome to 523 Dickinson Street, a legal triplex offering an excellent opportunity for investors seeking rental income with immediate upside. The property features three residential units, all separate utility meters, and a desirable South Philadelphia location in the 19147 zip code. The first-floor unit is currently occupied and generating $1,300 per month, providing immediate rental income to the new owner. The second-floor unit is vacant and offers an estimated rental opportunity of approximately $1,300 per month, while the third-floor unit is also vacant and offers an estimated rental opportunity of approximately $1,195 per month. At projected rents, the property has the potential to generate approximately $3,795 per month, or $45,540 annually, in gross rental income. The two vacant units provide a new owner the opportunity to live in one unit as an owner-occupant or to lease up the property and increase overall cash flow. Separate meters further enhance the investment profile by allowing for more efficient utility management. Offered at $549,000, this is an excellent opportunity to acquire a legal triplex with an existing income stream, additional rental upside, and the potential for long-term appreciation in one of Philadelphia's highly sought-after neighborhoods. Conveniently located near Center City, Passyunk Square, shopping, restaurants, public transportation, and major roadways. Whether you're an experienced investor expanding your portfolio or a buyer looking for an income-producing property, 523 Dickinson Street is worth a closer look.
Listing Highlights
Status
Active
Days on Site
17
Property Type
Multi-Family
MLS ®
PAPH2666398
Year Built
1915
Total Square Footage
2,286
Lot/Acreage
0.03
Interior Details
- Bedrooms: 7
- Bathrooms: 3 Full
- Appliances: Oven - Single, Refrigerator
- Air Cond: Window Unit(s)
- Heating: Baseboard - Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2286
- Below Ground Sq Ft: 0
- Basement: Dirt Floor
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: RSA5
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $6,100
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
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Questions About..
523 Dickinson St Philadelphia, PA 19147
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