5701 Tulip St, Philadelphia, PA 19135

$545,000

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Sold Price
$545,000
List Price
$634,900
Closing Date
Jul 06, 2026
Days on Market
35
Status
CLOSED
MLS#
PAPH2595124
Lot Size (Acres)
0.11
Year Built
1960
County
Philadelphia
School District
Philadelphia City

Property Description

Well-maintained 6-unit multifamily property located in Philadelphia. Each unit features 1 bedroom and 1 bathroom and is equipped with wall/window A/C units. The building currently has 4 occupied units, offering immediate rental income potential. Property includes gas heat with baseboard heating and gas water heaters. The heating system is serviced twice a year, with the most recent service completed in 2025. The side of the roof was repaired approximately three years ago. Windows were replaced in 2014. Additional amenities include a coin-operated washer and dryer for tenant convenience and on-site parking for up to 8 vehicles. Three units are vacant, Owner has not increased the rent for a couple of years, one unit pays $720, month to month, $780, month to month, the other unit $975, tenant extended the lease for a year. Rents can easily can be raised, the vacant units are ready to be rented and in great condition. This property presents a great opportunity for investors looking to add a stable multifamily asset in a strong rental market. Showings on weekends only since tenants work during the week.

Additional Information

Area
19135 (19135)
School District
Philadelphia City
Flooring
Carpet
Heating
Baseboard
Cooling
Wall Units
Roof
Flat
Utilities
Electric Available, Natural Gas Available, Sewer Available
Water
Public
Sewer
Public Sewer

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Listing courtesy of Allentown City Realty. Contact:

Selling Office: Keller Williams Real Estate-Langhorne.