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$125,000
New Listing

5829 PENTRIDGE STREET
PHILADELPHIA, PA 19143

For Sale|Townhouse|Active
3
Beds
1
Total Bath
1
Full Bath
1,230
SqFt
$102
/SqFt
1920
Built
Subdivision:
PHILADELPHIA (SOUTHWEST)
County:
PHILADELPHIA
Listing courtesy of BHHS Fox & Roach-Center City Walnut
Call Now: (570) 355-1640
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(570) 355-1640
5829 PENTRIDGE STREET5829 PENTRIDGE STREET5829 PENTRIDGE STREET5829 PENTRIDGE STREET
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PACKAGE SALE ONLY. 5829 Pentridge St (MLS# PAPH2684534) is sold together with 5844 Pentridge St (MLS# PAPH2684546), a matching 3-bedroom home on the same block. Two homes, $250,000 total ($125,000 each). Both are sold as-is. Neither will be sold separately. Both must be purchased by one buyer at one settlement. 5829 is a 3-bedroom, 1-bath, 1,230 sq ft row home with a full basement. It is vacant and ready for a light rehab. The walls, windows, doors and bath are in place. Add a kitchen and new flooring and it is ready to rent. You choose the tenant and set the rent. 5844 is already leased at $1,530 a month through March 31, 2027, so the package produces income from day one. The numbers work. With 5829 rehabbed and leased at a projected $1,500 a month, the pair brings in about $36,360 a year in gross rent. That is a 6.9x gross rent multiplier and a 14.5% gross yield. After 5% vacancy, taxes, insurance and a maintenance reserve, projected NOI is about $25,000. That is roughly a 10% cap rate on $250,000. Finance it with 25% down at 7.25% over 30 years and you are looking at about $800 a month in cash flow and a cash-on-cash return near 13.8%. Even with professional management, it pencils at about an 8.9% cap rate and a 9.9% cash-on-cash return. This is where the upside is. You are buying at about $102 per sq ft. Finish 5829 and you build equity from the start. The Bellwether District redevelopment is bringing new jobs to South and Southwest Philadelphia. SEPTA is rolling out a new trolley fleet. University City's universities and hospitals are a short ride away. Buy now and hold as the area grows. Two matching homes on one street means one contractor, one insurance policy, one closing and simple management. A clean add to a growing portfolio, or a strong first step for a new investor. Projections are estimates, not guarantees. They assume tenant-paid utilities, 2026 real estate taxes and 3% closing costs, and they do not include rehab costs for 5829. Buyer to verify all figures.

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Listing Snapshot
Price 
$125,000
Days On Site 
0 Days
Bedrooms 
3
Inside Area (SqFt) 
1,230 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
0.04 Acres
Year Built 
1920
MLS Number 
PAPH2684534
Status 
Active
Property Tax 
$1,952
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 hours agoListing updated with changes from the MLS
2 hours agoListing first seen on site
General Features
Acres 
0.04
Cross Street 
58TH
Foundation 
Slab
Levels 
Two
Parking 
On Street
Property Sub Type 
Townhouse
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
1230
SqFt Total 
1230
Style 
Traditional
Water Source 
Public
Zoning 
RSA5
Interior Features
Appliances 
Electric Water Heater
Basement 
Full
Heating 
ElectricBaseboard
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Exterior Features
Pool Features 
None
Community Features
MLS Area 
19143 (19143)
School District 
THE SCHOOL DISTRICT OF PHILADELPHIA
Schools
School District
THE SCHOOL DISTRICT OF PHILADELPHIA
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of BHHS Fox & Roach-Center City Walnut



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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