$200,000

5607 N PARK AVENUE, Philadelphia, PA 19141

  • 1,556 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon2,178sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $129/sqft
  • Property List Date Icon Listed 26 days ago

Property Description

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 you’re 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. Don’t miss your chance to own this income-producing duplex in a prime location. Schedule your showing today!

Listing Status:
Active
Date Added:
June 2, 2025 at 05:00AM
Listing Office:
KW Empower : 2156273500
Listing Agent:
Eric Land : 6099928248
MLS ID:
PAPH2482280
  • Appliances: RefrigeratorStoveMicrowaveWasherDryer
  • A/C: None
  • Heating: YSteamNatural Gas
  • Disability Feature: None

This listing courtesy of Eric Land, KW Empower

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Julia Ward Howe Academics Plus Elementary School

5800 N 13th St, Philadelphia, PA, 19141

Grades KG-5

0.18 miles away

W

Widener Memorial School

1450 W Olney Ave, Philadelphia, PA, 19141

Grades KG-12

0.24 miles away

G

Girls High School

1400 W Olney Ave, Philadelphia, PA, 19141

Grades 9-12

0.16 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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