Philadelphia, PA 19141 5607 N Park Avenue

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Presented By: KW Empower
  • MLS# PAPH2482280
  • 05/13/2025
  • Request Tour
  • Request Info
  • Beds • 3
  • Garage • 1

Home Details

Charming Duplex in Fern Rock Income-Generating Opportunity! Welcome to 5607 N Park Avenue, a well-maintained, legally zoned duplex situated in the desirable Fern Rock neighborhood of Philadelphia with all rental licenses active and one unit vacant. This property offers an incredible investment opportunity, with a current gross monthly income of $2,300. The first unit is a 1-bedroom, 1-bath apartment renting for $1,000/month, while the second unit, currently vacant, is a 2-bedroom, 1-bath apartment with a rental potential of $1,200/month. Featuring a shared laundry room and parking accessible from the back of the property. Located just steps away from the Olney transportation center on the Broad street line for excellent public transportation options. Whether youre looking to expand your investment portfolio or occupy one unit while renting the other, this property provides flexibility and immediate income. Additional highlights include: a large 2,368 sqft. Lot with off-street parking available for multiple cars and a garage, which only requires a garage door installation to maximize its potential. The property also comes with security cameras, not currently active but included in the sale as well as on-site laundry. Plus, enjoy peace of mind knowing the building is certified lead-safe. As an added bonus, the owner is a licensed realtor, ensuring a smooth and professional transaction. Dont miss your chance to own this income-producing duplex in a prime location. Schedule your showing today!
Presented By: KW Empower

Interior Features for 5607 N Park Avenue

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 5607 N Park Avenue

AccessibilityNone
AppliancesRefrigerator, Stove, Microwave, Washer, Dryer
Architectural StyleTraditional
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelNone
CoolingNone
CountyPHILADELPHIA
Directionsgps
Garage Spaces1.00
Garage Y/NYes
HeatingSteam
Lot Size Square Feet2368.00
Lot Size UnitsSquare Feet
MLS Area19141 (19141)
ModificationTimestamp2025-06-03T00:39:16
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total2
Number of Units Leased1
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG128.53
Property SubtypeDuplex
Property TypeMulti-Family
Rent Control Y/NNo
School DistrictPHILADELPHIA CITY
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeInterior Row/Townhouse
Subdivision NameFERN ROCK
Tax Annual Amount3236.0
Tax Assessed Value231200.0
Tax Lot65
Tax Year2024
Total Actual Rent31980.00
Total SQFT1556
Two Bedroom1
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1920
Year Built SourceAssessor
ZoningRSA5

Exterior for 5607 N Park Avenue

# of Attached Garage Spaces1
Foundation DetailsStone
Garage FeaturesGarage - Rear Entry
Land Assessed Value46240.00
Land Use CodeU30
Lot Dimensions20.00 x 118.00
Lot Size Acres0.05
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Off Street - # of Spaces2
PoolNo Pool
Total Parking Spaces3
Type of ParkingAttached Garage, Off Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
WaterfrontY/NNo

Additional Details

Price History

Aleksandar Tomic

Real Estate Professional
Price $200,000
MLS#PAPH2482280
List Date 05/13/2025
Property Type Multi-Family
Phone 571.207.5186
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