5701-5 TULIP ST, Philadelphia, PA 19135
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5701-5 TULIP ST, Philadelphia, PA 19135
5701-5 TULIP ST, Philadelphia, PA 19135
5701-5 TULIP ST, Philadelphia, PA 19135
5701-5 TULIP ST, Philadelphia, PA 19135
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5701-5 TULIP ST Philadelphia, PA 19135

4,850 Sqft Lot


UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Pending

Purchase Type For Sale

Lot Size 4,850 Sqft

MLS Listing ID PAPH2595124

Financing Cash,Conventional,VA

Total Units 6

Short Sale No

Originating MLS BRIGHT

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. Showings on weekends only since tenants work during the week.

Location

State PA

County Philadelphia

Area 19135 (19135)

Zoning RM1

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling Wall Unit

Flooring Carpet

Heat Source Natural Gas, Electric

1-purchase type For Sale

Exterior

Garage Spaces 8

Utilities Available Electric Available, Natural Gas Available, Sewer Available

Waterfront N

Water Access N

Roof Type Flat

Street Surface US Highway/Interstate

Accessibility None

Road Frontage Boro/Township, State

Parking Type Parking Lot

Total Parking Spaces 8

Building

New Construction N

Foundation Stone

Lot Dimensions 49.00 x 100.00

Sewer Public Sewer

Water Public

Schools

School District Philadelphia City

Others

Tax Amount $5,330

Tax Year 2025

Tax ID 411439000

Ownership Fee Simple

Acceptable Financing Cash, Conventional, VA

Special Sale Standard


Bright MLS (BMLS)
Listed by Kelvin Diaz • Allentown City Realty
Anita Mohamed
Anita Mohamed

Broker Associate | jhy1aaaaaaaaaaaaaaaa 244410410

+1(347) 903-3025 | stagesite-3.test@chime.me

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5701-5 TULIP ST