5036 Pine St

Property Description

This fully-occupied quadplex is a University City investor’s dream, with consistent cashflow, all separate utilities—even radiator heat!—and the potential for increased rents with cosmetic redos to the two units with long-term tenants, all in a great location. The first-floor unit is the largest; this two-bedroom apartment has its own sunporch and direct access to the rear yard. There are two units on the second floor, a recently updated one-bedroom and a dated but cute studio with separate kitchen, and the third-floor unit, a bilevel one-bedroom plus den, was just given a facelift, including new flooring on the main level and new carpet in the den. There are current rental licenses on file, fire alarm system serviced by RAC and easy landlord access to the basement through Bilco doors from the back yard. This sun-filled twin is on a tree-lined street a block away from Malcolm X Park with easy bus or train access into Center City, multiple car share locations nearby and an easy commute to University City’s shopping and dining—both on campus and the Baltimore Ave strip.

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