5578 LUDLOW ST, Philadelphia, PA 19139
5578 LUDLOW ST, Philadelphia, PA 19139
5578 LUDLOW ST, Philadelphia, PA 19139
5578 LUDLOW ST, Philadelphia, PA 19139
5578 LUDLOW ST, Philadelphia, PA 19139
5578 LUDLOW ST, Philadelphia, PA 19139
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Listed by Eli Qarkaxhia • Compass Pennsylvania, LLC
$ 299,900
Est. payment | /mo

1,204 SqFt


Save
$ 299,900
Est. payment | /mo
Save

1,204 SqFt

Key Details

Property Type Multi-Family, Townhouse

Sub Type End of Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,204 sqft

Price per Sqft $249

Subdivision West Philadelphia

MLS Listing ID PAPH2667542

Style Other

Abv Grd Liv Area 1,204

Year Built 1925

Available Date 2026-09-18

Annual Tax Amount $4,459

Tax Year 2026

Lot Size 1,226 Sqft

Acres 0.03

Property Sub-Type End of Row/Townhouse

Source BRIGHT

Property Description

INVESTOR OPPORTUNITY

Excellent opportunity to add an income-producing duplex to your Philadelphia real estate portfolio. The property features two residential units and a detached garage, providing multiple sources of rental income.

Unit 1 is a 2-bedroom, 1-bathroom apartment that is currently vacant and was previously rented for $1,050 per month, allowing the new owner to select their own tenant and establish a new lease.

Unit 2 is a 2-bedroom, 1-bathroom apartment that is currently occupied and rented for $1,200 per month.

The detached garage generates an additional $700 per month.

Based on the current and most recent rental rates, the property has the potential to generate approximately $2,950 per month and $35,400 in annual gross rental income when fully occupied. With existing income and additional upside through the vacant unit, this property offers flexibility and strong income potential for both new and experienced investors.

Schedule your showing today!

Location

State PA

County Philadelphia

Area 19139 (19139)

Zoning CMX2

Rooms

Basement Full

Interior

Interior Features Combination Kitchen/Living, Combination Kitchen/Dining, Entry Level Bedroom, Recessed Lighting, Wood Floors

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Wood

Equipment Built-In Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances

Fireplace N

Appliance Built-In Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Flat

Accessibility None

Garage N

Private Pool No

Building

Foundation Other

Above Ground Finished SqFt 1204

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Philadelphia City

Others

Tax ID 604014300

Ownership Fee Simple

SqFt Source 1204

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

Chris Fuhrman

Your local Center City Philadelphia real estate agent.

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5578 LUDLOW ST