7 Beds
2 Baths
1,554 SqFt
7 Beds
2 Baths
1,554 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,554 sqft
Price per Sqft $263
Lot Size 1,600 Sqft
MLS Listing ID PAPH2588406
Financing Cash,FHA,Conventional,VA,Other
Style Contemporary
Subdivision Belmont
Bedrooms 7
Full Baths 2
Short Sale No
HOA Y/N N
Originating MLS BRIGHT
Available Date 2026-03-20
Property Description
This property is currently rented out under a long term master lease agreement to Pad Split which then rents out each individual room to tenants. The monthly income varies depending on occupancy of the rooms but the property generates an average of $6,000 - 7,000/month. Pad Split is paid 8% of the gross monthly income for the management of the property. The landlord covers all utilities.
The updated kitchen includes stainless steel appliances and modern finishes, while both bathrooms have been refreshed with contemporary updates. One full bathroom is conveniently located on the main level, with the second on the upper floor.
Two additional rooms were added on the main floor, right as you walk in. The second floor features three rooms, and the fourth floor offers two more, bringing the home's total to seven bedrooms—perfect for larger households, guests, or flexible home office space.
Major mechanical updates include a new boiler and new A/C system, providing comfort and efficiency throughout the seasons. The home also features a full unfinished basement with ample storage and laundry, with a washer already in place and a new dryer scheduled for installation.
Step outside to enjoy the fenced rear yard, offering a private outdoor space perfect for relaxing, gardening, or entertaining.
With its 7-bedroom layout, multiple bathrooms, and prime location, the property offers excellent rental income potential and a strong return on investment, ideal for investors seeking long-term growth and cash flow.
Conveniently located, the home is approximately four minutes from the Lancaster Ave & 43rd St transit stop, providing easy access to the 10 (13th–Market to 63rd–Malvern) trolley line and the 43 (Richmond–Cumberland to 50th–Parkside) bus route, making commuting throughout the city simple and convenient.
Outdoor recreation is also close by, with nearby green spaces including Lee Park and Durham Park, offering places to relax and enjoy the neighborhood.
Key Bank is offering a 5K credit for this property which can be tied in with the Philly First 10K grant. The 5K credit can be applied toward closing costs or to prepay mortgage, flood/hazard insurance, escrow deposit, real estate taxes, or per diem interest.
Combining historic character, modern updates, generous living space, and excellent access to transportation, this home presents a wonderful opportunity to own a distinctive property in Philadelphia.
Schedule your showing today!
Location
State PA
County Philadelphia
Area 19104 (19104)
Zoning RSA5
Direction South
Rooms
Other Rooms Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Basement, Foyer, Bedroom 1, Laundry, Bathroom 1, Bathroom 2
Basement Full
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Equipment Washer, Dryer
Fireplace N
Appliance Washer, Dryer
Heat Source Natural Gas
1-purchase type For Sale
Exterior
Waterfront N
Water Access N
View Street
Accessibility None
Parking Type None
Building
New Construction N
Story 2.5
Foundation Other
Lot Dimensions 20.00 x 80.00
Sewer Public Sewer, Public Septic
Water Public
Architectural Style Contemporary
Story 2.5
Additional Building Above Grade, Below Grade
Schools
School District The School District Of Philadelphia
Others
Senior Community No
Pets Description No Pet Restrictions
Tax Amount $2,970
Tax Year 2025
Tax ID 061154600
Ownership Fee Simple
SqFt Source 1554
Acceptable Financing Cash, FHA, Conventional, VA, Other
Horse Property N
Special Sale Standard
Pets Allowed Y
