5933 Trinity Street
5933 Trinity Street
$250,000
2
2
1,110
1,110
$225
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!
- Listed by Michelle A Phillips • Luxe Real Estate LLCP: 2152517519 michelle@luxerealestatefirm.com
Property Details for 5933 Trinity Street
Tax ID Number
401103200
OwnershipFee Simple
Structure TypeInterior Row/Townhouse
StyleTraditional
WaterfrontNo
GarageNo
Expected On Market Date04-25-2024
Cross StreetS 59TH ST
Location
LISTING UPDATED: 04/25/2024 12:11 AM
Property Details for 5933 Trinity Street
Status | Active |
---|---|
MLS # | PAPH2346934 |
Days on Market | 11 |
Taxes | $758 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-Family / Fee Simple |
Year Built | 1920 |
Lot Size | 0.03 AC / 1,373 SF |
County | Philadelphia County |
Location
Building Information for 5933 Trinity Street
Stories-Residences1Year Built1920Building Size-Lot Size0.03 AC / 1,373 SF
Payment Calculator
$1,428 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5933 Trinity Street
Property History for 5933 Trinity Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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.
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