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Image 1 - 5209 Reinhard Street, Philadelphia, PA 19143, USA - House for sale
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Home For Sale In Philadelphia, Pennsylvania
5209 Reinhard Street, Philadelphia, PA 19143, USA

Home For Sale In Philadelphia, Pennsylvania

house for sale
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Listed: 05/15/24

5209 Reinhard Street, Philadelphia, PA 19143, USA

4 Bed:
1,652 Sq Ft Living Area:
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Price
$ 240,000
Price:  Lower

About This House

Introducing a prime investment opportunity at1414 S52nd St, situated in the vibrant Southwest neighborhood, close to Baltimore Ave. This freshly rehabbed triplex is an ideal acquisition for anyone looking to expand their rental portfolio. The property features two 1-bedroom units and a more spacious 2-bedroom apartment, each boasting recent updates and laundry hookups to enhance tenant convenience. Unit 1, currently rented for $950 per month, and Unit 2, bringing in $1200 per month, provide a stable income stream, with potential to maximize returns with the third unit. Each apartment showcases modern finishes, ensuring attractiveness to prospective tenants and reducing turnover. Don't miss out on this superb investment in a sought-after location, perfect for capitalizing on the area's continuous growth and demand.

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Philadelphia Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In May 2024, the asking price for 4 bed houses for sale in/near Philadelphia, United States averaged $489,904, an increase of 2.8% from the previous month.
Median price trends for properties for sale in Philadelphia, United States as of May 2024.

Household Income

Median household income: $46,116
Number of households: 608,233
The average household income in Philadelphia, PA grew from $39,759 to $46,116 in the past year. This data is an estimate based upon 608,233 households in Philadelphia, PA.
The chart below presents how household income is distributed in Philadelphia, PA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Philadelphia, PA compared to median property taxes around the country. The prevalent amount of property taxes in Philadelphia, PA equals $800-$1,500 , which is less than the national average.