Patterson-Schwartz Real Estate5354 Locust Street, Philadelphia, PA 19139-4056 $375,000
Interior Sq. Ft: 1,440
Acreage: 0.04
Age:99 years
Taxes: $1,842
Subdivision: West Philadelphia
Design/Type:
End of Row/Townhouse
Description
Welcome to 5354 Locust Street, a classic, red-brick, end-unit row home offering an exceptional opportunity for investors or owner-occupants looking to house hack. This property features two spacious units perfect for rental income or multi-generational living. Unit 1 is a bi-level apartment with 5 bedrooms (which can be used as 6) and 2 bathrooms. It boasts generously sized rooms, including one with a fireplace, ample closets for storage, a breakfast room, built-in microwave, full size washer/dryer, and multiple entrances for convenient access. The unit includes two full bathrooms with tub shower combos and numerous windows that flood the space with natural light. Unit 2 offers a comfortable living space with 2 bedrooms (which can be used as 3) and 1 bathroom. This unit features a front patio entrance, straight-through floor plan that allows for abundant natural light and easy living/entertaining options. The large common area kitchen has plenty of space for a kitchen or sofa. In addition there is an in-unit washer/dryer and extensive closet space within the unit. Located in the vibrant neighborhood of West Philadelphia, 5354 Locust Street is surrounded by an array of amenities and attractions. The property is in close proximity to Center City, University City, Fairmount Park, and the scenic Cobbs Creek Trail. This prime location offers various transportation options, including easy access to public transit, convenient driving routes to major city hubs, and the nearby Cobbs Creek Trail for walking, running, or biking. The property's flexible layout and prime location make it an ideal investment. Live in one unit and rent out the other to offset your mortgage, or rent both units for a strong cash flow. The spacious rooms, modern amenities, and excellent neighborhood appeal to both renters and potential buyers. Don’t miss out on this unique opportunity to own a versatile and profitable property in one of Philadelphia’s most desirable neighborhoods. There is also a garage, which can be used for additional storage or more rental income. The garage has heat and electricity. Schedule your viewing today and imagine the possibilities at 5354 Locust Street! **PLEASE SEE ATTACHED DOCUMENT FOR RENT ROLL AND EXPENSES***
Home Assoc: No
Condo Assoc: No
Buyer Agency Comp*: 2.5 % Of Gross
Basement: N
Pool: No Pool
Features
Utilities
Baseboard - Electric Heating, Radiator Heating, Electric, Natural Gas, None, None, Hot Water - Natural Gas, Public Water, Public Sewer
Garage/Parking
Attached Garage, Off Street, Covered Parking, Garage - Side Entry, Lighted Parking, Private Parking, Secure Parking, Attached Garage Spaces #: 1;
Interior
Wood Flooring
Exterior
Brick/Mortar Foundation, Stone Foundation, Masonry, Patio(s)
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (131 schools)
Public Middle (20 schools)
Public High (54 schools)
Private (131 schools)
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This report is a detailed community overview for Philadelphia (19139), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 36
- Average salary of people in this community: $30,970
Community Summary
- Population Density (ppl / mile): 26,194
- Household Size (ppl): 2.61
- Households w/ Children: 71%
Housing Inventory
- Owned: 6,994 (32.8%)
- Rented: 10,334 (48.4%)
- Vacant: 4,021 (18.8%)
- Total: 21,349
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 3.2%
- Some High School: 12.4%
- High School Graduate: 37.8%
- Some College: 24.4%
- Associate Degree: 5.7%
- Bachelor's Degree: 10.6%
- Graduate Degree: 6.0%
Income by dollar range
Median Income: $30,633
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $694
- One Bedroom: $701
- Two Bedroom: $948
- Three Bedroom: $950
- Four Bedroom: $1,233
© 2024 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-540-0008
Listing Courtesy of: KW Empower , vicki@kwempower.com
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 Patterson-Schwartz Real Estate 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.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 6/29/2024.
