This fully electric quadruplex presents an excellent investment opportunity with strong cash flow potential. The property consists of three 1-bedroom apartments and one studio, with three of the units delivered vacant, allowing immediate leasing at projected rents exceeding $900 per month per unit. The fully electric design contributes to minimal utility costs, with the house meter consuming an exceptionally low amount of electricity, further enhancing profitability. Beyond basic expenses, such as property taxes and insurance, the operating costs remain low, positioning this property as a potentially lucrative asset for the right investor. Given the current rental demand in the area and the property's low-maintenance nature, it offers considerable upside for a hands-on investor looking to maximize returns. This quadruplex could function as a reliable source of passive income, with the opportunity to increase rents over time as the market appreciates. Overall, this property represents an ideal acquisition for investors seeking a low-overhead, high-return rental investment with minimal ongoing operational expenses.
For sale
$350,000
5900 Pine St, Philadelphia, PA 19143
4beds
--baths
1,600sqft
Est.:
Townhouse
Built in 1920
-- sqft lot
$338,300 Zestimate®
$219/sqft
$-- HOA
What's special
- 177 days
- on Zillow |
- 43 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: February 03, 2025 at 05:36am
Listed by:
tal iss 718-909-8680,
ISS Realty, LLC 2157950207
Source: Bright MLS,MLS#: PAPH2421184

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,280 Square Feet
- Dimensions: 16.00 x 80.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 032042100
- Zoning: RM1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Straight Thru
- Property subtype: Townhouse
Materials
- Masonry
- Foundation: Other
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Septic, Public Sewer
- Water: Public
Community & HOA
Location
- Region: Philadelphia
- Municipality: PHILADELPHIA
Financial & listing details
- Price per square foot: $219/sqft
- Tax assessed value: $242,500
- Annual tax amount: $3,394
- Date on market: 2/3/2025
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
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