Backup offers
$4,156 Closing Credit¹
#PAPH2425160, Anthony A Lee, Listing Office: Realty ONE Group Focus
$4,156
closing credit¹
5900 Pine St Philadelphia, PA 19143
$350,000 List price
$4,156
Closing credit¹
1,600 sqft
0.03 acres
$219 / sqft
Multi-Family
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
Home typeQuadruplex
HeatingBaseboard
StatusActive
(ACTIVE)
(ACTIVE)
CoolingWindow Unit(s)
Size1,600 sqft
Lot size0.03 Acres
Year built1920
MLS #PAPH2421184
Summary
- MLS Number: PAPH2421184
- MLS Name: BRIGHT
- Office Name: ISS Realty, LLC
- Office Phone: (215) 795-0207
- Listing Agent: tal iss
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 1:20:55 PM 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 KG-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. Residents of Philadelphia, PA typically earn less than $<35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
57%
<35k
30%
35k-100k
12%
100k-200k
1%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
57%
Single, No Kids
26%
Single, with Kids
7%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
11%
12-17 yrs old
20%
18-34 yrs old
38%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Popeyes
What do the neighbors drive?
Kia
Dodge
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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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 December 2024 saw over 218 listings sold above listed price, more than 229 sold at listed price and over 580 sold below. Between November and December 2024, Philadelphia, PA real estate market has seen decrease in the number of listings by 2.3%. Listings spent 49 days on the market in December 2024, and had a median list price of $267,873 during the same period.
From Rocket Homes Real Estate and based on county public records data.