MLS#PAPH2595124
STATUSACTIVE
PROPERTY TYPECommercial -
SCHOOLPHILADELPHIA CITY
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.
Property Features
Property Type: Commercial -
Cooling: Wall Unit
Fuel Type: Natural Gas, Electric
Heating: Baseboard - Hot Water
Lot Size: 0.11 Acres
Roof Type: Flat
Taxes: $5,330
Year Built: 1960
Feature Descriptions
Days on Site: 3
Electric: 200+ Amp Service
Exterior: Masonry
Flooring: Carpet
Lot Dimensions: 0.11 Acre(S)
Municipality: PHILADELPHIA
Sewer: Public Sewer
Total Garage/Parking Spaces: 8
Units: 6
Utilities: Electric Available, Natural Gas Available, Sewer Available
Water: Public
Local Schools
School District: PHILADELPHIA CITY
Listed By / Shown By
Listed By
Agency Name: Allentown City Realty
Agency Phone: 6104272431
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
5701 5 Tulip Street | MLS# PAPH2595124
This commercial property located at 5701 5 Tulip Street, Philadelphia, PA 19135 is currently listed for sale with an asking price of $634,900. 5 Tulip Street is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.realtymark.net today.