#PAPH2443678, John Stephen Giacobbo, Listing Office: Keller Williams Main Line
5512 N Palethorp St Philadelphia, PA 19120
Property details
About 5512 N Palethorp St
Located in a rapidly growing and evolving neighborhood, this well-maintained row home is an excellent opportunity for investors. Situated just steps away from major retailers like Walmart and Target, grocery stores, and with quick access to I-95, the Betsy Ross Bridge, and public transportation including nearby train stations, this property offers unbeatable convenience for tenants and owners alike. Currently tenant-occupied, the property generates consistent rental income, making it a turnkey investment for those looking to start or expand their portfolio. The area is experiencing significant gentrification, with new developments and amenities enhancing the neighborhood’s long-term value. The home can be sold with or without the tenant in place, offering flexibility depending on your investment strategy. Whether you're looking for steady cash flow or long-term appreciation, it's a great investment
Highlights
(ACTIVE)
Summary
- Full Bathrooms: 1
- Basement: Yes
- Total Bedroom Count: 3
- Parking: On Street
- Architectural Style: Bi-level
- Heating: Central
- Cooling: Central Air
- List Price: $180,000
- Price/SqFt: $142
- Annual Tax Amount: $1,661
- Tax Year: 2023
- Directions: 2nd and Palethorpe
- Year Built: 1940
- Stories: 2
- Living Area: 1,260 SqFt
- Municipality: Philadelphia
- Lot Size: 0.03 Acres
- MLS Number: PAPH2470708
- MLS Name: BRIGHT
- Office Name: Keystone State Properties Group
- Office Phone: (856) 665-1238
- Office Email: gardenstateprocessing@hotmail.com
- Listing Agent: Cheyenne P Shugart
- Agent Phone: (267) 974-0525
- Agent Email: cshugartproperties@gmail.com
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Last updated on: 5/5/2025, 4:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$180,000
5512 N Palethorp St
$2,138
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $118,700 | $1,661 |
2022 | $118,700 | $1,661 |
2021 | $- | $1,282 |
2020 | $91,600 | $1,282 |
2019 | $91,200 | $1,276 |
2018 | $96,800 | $1,355 |
2017 | $96,800 | $1,355 |
History based on county public records data.
Nearby schools
4
James R. Lowell Elementary School
Public District KG-4
0.5 mi
•450 W Nedro Ave
4
Julia Ward Howe Academics Plus Elementary School
Public District KG-5
1.0 mi
•5800 N 13th St
4
Feltonville Intermediate School
Public District 3-5
1.0 mi
•238 E Wyoming Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,682. Residents of Philadelphia, PA typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 5512 N Palethorp St
The listing price of 5512 N Palethorp St property is $180,000.
The property 5512 N Palethorp St is a townhouse located in Philadelphia, Pennsylvania, 19120.
Active Listing: 5512 N Palethorp St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5512 N Palethorp St are: James R. Lowell Elementary School (GreatSchools Rating 4/10), Julia Ward Howe Academics Plus Elementary School (GreatSchools Rating 4/10), Feltonville Intermediate School (GreatSchools Rating 4/10), Olney Elementary School (GreatSchools Rating 5/10), Grover Washington, Jr. Middle School (GreatSchools Rating 5/10), Andrew J. Morrison School (GreatSchools Rating 4/10), Aspira Bilingual Cyber Charter School (GreatSchools Rating 3/10), Girls High School (GreatSchools Rating 5/10), Central High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2023 is $1,661 (source: MLS/based on county public records data).
The property at 5512 N Palethorp St has 3 bedrooms and 1 bathroom.
The property 5512 N Palethorp St is 1,260 SqFt (source: MLS/tax record).
The year of construction for 5512 N Palethorp St is 1940.
This home is located at 5512 N Palethorp St in Philadelphia, PA and zip code 19120 in the Olney neighborhood. This 1,260 square foot home, which was built in 1940, sits on a 0.03 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 4, 2025 and is currently priced at $180,000.
Between March and April 2025, Philadelphia, PA real estate market has seen increase in the number of listings by 49.7%. While the average time on the market in April 2025 was 88 days, the median list price was $291,214.