5400 Lebanon Ave, Philadelphia, PA 19131
- $499,900
- 2,976
- SqFt
- List Price
- $499,900
- Days on Market
- 1
- Status
- ACTIVE
- MLS#
- PAPH2653456
- Living Area
- 2,976
- Style
- Traditional
- Year Built
- 1920
- County
- Philadelphia
- School District
- Philadelphia City
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, all with recent updates and modern finishes. Located in the desirable 19131 zip code, the property offers excellent rental income potential. Current PHA payment standards are up to $2,010/month for a 2-bedroom, $1,690/month for a 1-bedroom, and $1,550/month for a studio (buyer to verify current program guidelines and eligibility). This property may be purchased individually or as part of a package with the neighboring duplex at 5402 Lebanon Ave, creating an outstanding opportunity to expand your investment portfolio. 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 responsible for verifying zoning, rental rates, and all property information.
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Additional Information
- Area
- 19131 (19131)
- Subdivision
- Wynnefield
- Taxes
- $3859
- School District
- Philadelphia City
- Heating
- Radiator
- Heating Fuel
- Natural Gas
- Cooling
- Window Unit(s)
- Water
- Public
- Sewer
- Public Sewer
- Basement
- Yes
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Listing courtesy of Real Estate Bosses. Contact: 2157013181