5412 CHANCELLOR ST Philadelphia, PA 19139
1,824 SqFt
UPDATED:
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,824 sqft
Price per Sqft $218
Subdivision Cobbs Creek
MLS Listing ID PAPH2477302
Style Other
Abv Grd Liv Area 1,824
Originating Board BRIGHT
Year Built 1925
Annual Tax Amount $1,343
Tax Year 2024
Lot Size 1,444 Sqft
Acres 0.03
Lot Dimensions 22.00 x 66.00
Property Sub-Type Twin/Semi-Detached
Property Description
Unit 1 is leased for $1565/mo + $70 utility fee, and Unit 2 is leased for $1625/mo with an $85 utility fee, for a total of $40,140/year in gross scheduled income - an in-place cap rate of 7.5%. Ideal turnkey investment with strong rental history and minimal maintenance. Located on a quiet block with convenient access to public transit, major universities, and commercial corridors.
Turnkey cash-flowing asset in appreciating West Philly submarket. Perfect for investors or 1031 exchange buyers, as well as owner-occupants looking to live in one unit and rent the other. Showings available by appointment with minimum 48 hour notice.
Location
State PA
County Philadelphia
Area 19139 (19139)
Zoning RM1
Rooms
Basement Other, Unfinished
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Equipment Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
Fireplace N
Appliance Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
Heat Source Natural Gas
Exterior
Exterior Feature Balcony
Water Access N
Accessibility None
Porch Balcony
Garage N
Building
Foundation Stone
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 603040300
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
Steve Vargas
Team Leader/ Associate Broker/ Director of Growth and Agent Success | License ID: 0225224352-Virginia 678920-Mar