$299,900

For sale

5578 Lu••••• St (Sign up for 50 free credits to unlock)Philadelphia, PA 19139

-Beds
-Baths
1,204Sq Ft Living
1,226Sq Ft Lot
1925Year Built

Property Description

INVESTOR OPPORTUNITY Excellent opportunity to add an income-producing duplex to your Philadelphia real estate portfolio. The property features two residential units and a detached garage, providing multiple sources of rental income. Unit 1 is a 2-bedroom, 1-bathroom apartment that is currently vacant and was previously rented for $1,050 per month, allowing the new owner to select their own tenant and establish a new lease. Unit 2 is a 2-bedroom, 1-bathroom apartment that is currently occupied and rented for $1,200 per month. The detached garage generates an additional $700 per month. Based on the current and most recent rental rates, the property has the potential to generate approximately $2,950 per month and $35,400 in annual gross rental income when fully occupied. With existing income and additional upside through the vacant unit, this property offers flexibility and strong income potential for both new and experienced investors. Schedule your showing today!

Property Facts & Features

Property Type
Multi Family
Status
For Sale
Listed
Sep 27, 2026
Price per Sq Ft
$249/sqft
ZIP Code
19139

Location

Lat 39.96005 · Lng -75.23292