#PAPH2460122, Joshua J Pireda, Listing Office: Giraldo Real Estate Group
5900 Pine St Philadelphia, PA 19143
Property details
About 5900 Pine St
This fully electric quadruplex presents an excellent investment opportunity with strong cash flow potential. The property consists of three 1-bedroom apartments and one studio, with three of the units delivered vacant, allowing immediate leasing at projected rents exceeding $900 per month per unit. The fully electric design contributes to minimal utility costs, with the house meter consuming an exceptionally low amount of electricity, further enhancing profitability. Beyond basic expenses, such as property taxes and insurance, the operating costs remain low, positioning this property as a potentially lucrative asset for the right investor. Given the current rental demand in the area and the property's low-maintenance nature, it offers considerable upside for a hands-on investor looking to maximize returns. This quadruplex could function as a reliable source of passive income, with the opportunity to increase rents over time as the market appreciates. Overall, this property represents an ideal acquisition for investors seeking a low-overhead, high-return rental investment with minimal ongoing operational expenses.
Highlights
(ACTIVE)
Summary
- MLS Number: PAPH2421184
- MLS Name: BRIGHT
- Office Name: ISS Realty, LLC
- Office Phone: (215) 795-0207
- Listing Agent: tal iss
- Agent Phone: (718) 909-8680
- Agent Email: isstal22@gmail.com
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Last updated on: 4/9/2025, 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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$350,000
5900 Pine St
$4,156
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 22, 2016 | Home Sold | $30,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $225,700 | $3,159 |
2022 | $225,700 | $650 |
2021 | $- | $650 |
2020 | $46,500 | $650 |
2019 | $44,800 | $627 |
2018 | $37,800 | $529 |
2017 | $37,800 | $529 |
History based on county public records data.
Nearby schools
3
Stonehurst Hills Elementary School
Public District 1-5
1.0 mi
•7051 Ruskin Ln
4
West Philadelphia Achievement Ces
Public Charter KG-5
1.3 mi
•6701 Callowhill St
3
Universal Institute Charter School at Bluford
Public Charter KG-6
1.3 mi
•5801 Media St
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 $31,563. The most common annual income of people living in Philadelphia, PA is less than $<35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 5900 Pine St in Philadelphia, PA and zip code 19143 in the Cobbs Creek neighborhood. This 1,600 square foot home, which was built in 1920, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $350,000.
Philadelphia, PA housing market in March 2025 saw over 174 listings sold above listed price, more than 171 sold at listed price and over 344 sold below. Between February and March 2025, Philadelphia, PA real estate market has seen increase in the number of listings by 29.2%. The median list price of listings available in March 2025 was $269,412, while the average time on the real estate market was 50 days.