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.)
Listed By
Agency Name: KW Empower
Agency Phone: 2156273500
Shown By
Agent Name: Jessica Suchter
Agent Phone: (570) 906-1965
Agency Title: Lewith & Freeman
Lewith & Freeman Jessica Suchter (570) 906-1965 JessicaS@Lewith-Freeman.com
Estimated Payment
$ 2,690.88 per month $2,249.34 Principal & Interest $326.33 Property Tax $115.21 Homeowner's InsuranceSend an email with a link to
1511 N 54th Street N , Philadelphia, PA 19131.
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1511 N 54th Street N , Philadelphia, PA 19131.
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1511 N 54th Street N | MLS# PAPH2681514
This multi-family property located at 1511 N 54th Street N , Philadelphia, PA 19131 is currently listed for sale with an asking price of $395,000. N 54th Street N is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.570re.com today.