$ 299,900
-
$299,900
Price -
4
Bed -
2
Bath -
1,204
SqFt -
0.03
Acre
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About the Listing COMPASS1 - 3133153,3324448
INVESTOR OPPORTUNITY Excellent opportunity to add an income-producing duplex to your Philadelphia real estate portfolio. The property features two residential units and a detached garage, providing multiple sources of rental income. Unit 1 is a 2-bedroom, 1-bathroom apartment that is currently vacant and was previously rented for $1,050 per month, allowing the new owner to select their own tenant and establish a new lease. Unit 2 is a 2-bedroom, 1-bathroom apartment that is currently occupied and rented for $1,200 per month. The detached garage generates an additional $700 per month. Based on the current and most recent rental rates, the property has the potential to generate approximately $2,950 per month and $35,400 in annual gross rental income when fully occupied. With existing income and additional upside through the vacant unit, this property offers flexibility and strong income potential for both new and experienced investors. Schedule your showing today!
Listing Highlights for 5578 Ludlow St
Status
Active
Days on Site
36
Property Type
Multi-Family
MLS ®
PAPH2667542
Year Built
1925
Total Square Footage
1,204
Lot/Acreage
0.03
County
Philadelphia
Neighborhood
West Philadelphia
Area
19139 (19139)
School District
Philadelphia City
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances: Built-In Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor: Wood
- Above Ground Sq Ft: 1204
- Basement: Full
- Other: Combination Kitchen/Living,Combination Kitchen/Dining,Entry Level Bedroom,Recessed Lighting,Wood Floors
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: CMX2
- Roof: Flat
- Others: Good
- Sewer: Public Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $4,459
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
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Listing Location
Questions About..
5578 Ludlow St Philadelphia, PA 19139
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