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1511 N 54th St N , Philadelphia, PA 19131
$395,000
Est. Payment: $2,133.86/mo
4 Bed
3 Bath
1900 Sqft
0.04 Acres
Status: active | Days on site: 15
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KWEMPWR - 3296861
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House Description

A Philadelphia Investment Opportunity With Income Potential, Purpose, and Possibility Your next real estate investment could be more than a property. It could be the foundation of your next chapter in wealth building. Welcome to 1511 N. 5th Street, Philadelphia, Pennsylvaniaa compelling opportunity for the visionary investor who understands that successful real estate investing is about more than acquiring a building. It is about recognizing potential, creating lasting value, and positioning yourself to benefit from the enduring need for quality rental housing. This 3 unit residential investment presents an opportunity to establish or expand a rental portfolio in Philadelphia's dynamic urban real estate market. Featuring 2 - 1 bedroom units and 1 - 2 bedroom unit, the property offers a diversified residential configuration that can appeal to a range of prospective renters, subject to market demand, property condition, and applicable rental requirements. For investors navigating today's higher borrowing costs, opportunities deserve to be evaluated through a disciplined lens: income potential, operating expenses, tenant demand, long-term appreciation prospects, and the ability to create value. This property offers an opportunity to explore all of those considerations in one investment. 3 units. Multiple income opportunities. One strategic acquisition. The property's three-unit configuration is central to its investment appeal. An investor has the opportunity to generate income from 3 separate residential units. The proposed rental-income analysis uses the Philadelphia Housing Authority payment standards previously discussed as a preliminary benchmark: - Two one-bedroom units: $1,960 per month each. - One two-bedroom unit: $2,330 per month. Based on those assumptions, the property has a projected gross rental income of $6,250 per month, or $75,000 annually, before vacancy, operating expenses, and any adjustments required by the applicable rental program. For an investor, this creates a starting point for evaluating the property's earning potential and developing a thoughtful acquisition strategy. The final achievable rents must be independently verified. Housing Choice Voucher payment standards are not guaranteed rents, and the applicable ZIP code, voucher requirements, utilities, rent-reasonableness review, and property eligibility must all be confirmed. An investment strategy for today's interest-rate environment Higher interest rates have changed the way investors evaluate real estate. Borrowing costs can reduce cash flow, increase monthly debt service, and make careful underwriting more important than ever. But higher rates do not automatically eliminate opportunity. They make the quality of the acquisition, the accuracy of the numbers, and the investor's strategy even more important. At an asking price of $395,000, buyers can evaluate this property based on its potential rental income, anticipated operating expenses, financing structure, and long-term objectives. (Note: Select photos have been virtually staged for visualization purposes only.)

Highlights

Listed by Arica Miller , 3475863154 KW Empower , 2156273500. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.04

Year Built

1925

County

Philadelphia

Area

19131 (19131)

Neighborhood

Philadelphia (West)

School District

Philadelphia City

Listing ID

PAPH2681514

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Appliances:Dryer, Water Heater, Washer/Dryer Stacked, Washer, Stove, Stainless Steel Appliances
Air Cond:Central A/C
Fireplaces:
Floor:Laminated
Above Ground Sq Ft:1900
Basement:Full,Walkout Level,Fully Finished
Other:
  • ▪ Additional:Kitchen - Eat-In, Floor Plan - Open, Efficiency, Dining Area, Combination Kitchen/Living
Water:Public

Exterior Features

Lot:Horse Property: No
Lot Dimensions:16.00 x 96.00
Zoning:Multi FAMILY TRIPLEX
Roof:Asphalt
Others:
  • ▪ Additional:Excellent
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$2,134
Taxes
$326

Home Price

$395,000

Loan Details

30 yrs
7.148%

Down Payment

20%
$79,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,133.86

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,133.86 $326.33 $0.00 $2,460.19
Yearly $25,606.30 $3,916.00 $0.00 $29,522.30
Total $768,189.01 $117,480.00 $0.00 $885,669.01
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Philadelphia, PA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS