5933 Trinity Street

Philadelphia, PA 19143

$250,000
Price
2
Beds
2
Baths
1,110 Sq. Ft.
$225 / Sq. Ft.
1,110
Sq. Ft.
$225
per Sq. Ft.

Description

Presenting an excellent investment opportunity for real estate investors interested in a hassle-free, passive income property. This legal duplex comes fully occupied with reliable, Section 8 tenants, making it a truly turnkey investment. Each one bedroom, one bath unit is currently rented at $998 and $975, with tenants who are quiet, low maintenance, and have a good standing with Section 8. The property was fully renovated in 2019, including all-new systems (plumbing, electrical, HVAC) to ensure...Presenting an excellent investment opportunity for real estate investors interested in a hassle-free, passive income property. This legal duplex comes fully occupied with reliable, Section 8 tenants, making it a truly turnkey investment. Each one bedroom, one bath unit is currently rented at $998 and $975, with tenants who are quiet, low maintenance, and have a good standing with Section 8. The property was fully renovated in 2019, including all-new systems (plumbing, electrical, HVAC) to ensure minimal maintenance issues. Both tenants are excellent Section 8 renters, providing a dependable income. They are interested in renewing their leases, offering long-term stability for an investor. They are also flexible and can vacate with a 3-month notice, if required for transfer processes. Section 8 approves rent escalations every two years. For apartment 1, an increase is due in Summer 2024, and for apartment 2, in Spring 2025, enhancing the investment return potential. The seller is committed to a smooth transition and offers a list of reliable maintenance contacts including  plumbers, HVAC tech, landscapers, etc. ensuring you have everything needed to manage the property effectively. Tenants pay through Buildium, allowing for seamless and automated rent collection without the need for physical collection. Proof of current Section 8 payments and tenant payment history for due diligence. With recent renovations and reliable tenants, the property requires little day-to-day management effort, ideal for investors looking for passive income. With the hard work already done, step into a role of a passive investor and watch your investment grow!
  1. Listed by Michelle A Phillips • Luxe Real Estate LLC
    P: 2152517519 michelle@luxerealestatefirm.com

Property Details for 5933 Trinity Street

Tax ID Number
401103200
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Traditional
Waterfront
No
Garage
No
Expected On Market Date
04-25-2024
Cross Street
S 59TH ST

Location

Listing Courtesy of Luxe Real Estate LLC
Add your commute
LISTING UPDATED: 04/25/2024 12:11 AM

Property Details for 5933 Trinity Street

StatusActive
MLS #PAPH2346934
Days on Market11
Taxes$758 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.03 AC / 1,373 SF
CountyPhiladelphia County

Location

Listing Courtesy of Luxe Real Estate LLC
Add your commute

Building Information for 5933 Trinity Street

Stories-Residences1Year Built1920Building Size-Lot Size0.03 AC / 1,373 SF

Payment Calculator

$1,428 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,364

Property Taxes

$63

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5933 Trinity Street

Location
Location
  • School District Name: PHILADELPHIA CITY
  • School District County ID: 802785881492
  • SchoolDistrictSource: 3rd Party
  • County: PHILADELPHIA
  • MLS Area: 19143 (19143)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $54,200
  • Year Assessed: 2023
  • County Tax: $0
  • City Town Tax: $342
  • Clean Green Assessed: No
  • Land Use Code: O30
  • Zoning: RSA5
  • Tax Lot: 298
  • School Tax: $416
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2
  • Units Leased Count: 2
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Full Baths Count: 1
Financial Information
Financial Information
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Units Total: 1
  • Total Finished SQFT: 1,110.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 15.00 x 90.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 1156083
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Kitchen - Eat-In, Ceiling Fan(s), Floor Plan - Open, Upgraded Countertops
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: None
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 5933 Trinity Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5933 Trinity Street

Taxable ValueLand-Additions-Total-
Home Facts
Beds3Total Finished SqFt1,110 SqFtAbove Grade Finished SqFt1,110 SqFtStories2Lot Size1,373 SqFtStyleCondominiumYear Built1920ZoningRSA5CountyPHILADELPHIAAPN40-1-1032-00

Schools near 5933 Trinity Street

This home is within Philadelphia City School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 5 to 8
Rating
School
Distance
Mitchell El School
PublicPK to 8

Bartram John - Main
Public9 to 12

Motivation High School
Public9 to 12

Tilden William T Middle School
Public5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5933 Trinity Street is a multi-family home for sale in Philadelphia, PA 19143. This property was listed for sale on April 25, 2024 by Luxe Real Estate LLC, it's currently listed at $250,000. It has been on the market for a total of 11 days and was last sold on December 5, 2018. This listing's school district is Philadelphia City School District. Nearby schools include Mitchell El School, Bartram John - Main and Motivation High School. 5933 Trinity Street is a 2-bed, 2-bath, 1,110 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Luxe Real Estate LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.