5669 W Berks St, Philadelphia, PA 19131

Property Description

Look no further! Welcome to this exceptional investment opportunity in the highly desirable Wynnefield section of Philadelphia. Discover this rare opportunity to own this well-maintained triplex (with a bonus 4th unit). This spacious corner property features three separate units. Unit 1 has its own entrance through the side yard leading into its 3 bedrooms and 2 bathrooms. It's currently vacant and is just awaiting the final touches of its owner-occupant purchaser. Units 2 and 3 each have 2 bedrooms and 1 bath and can be accessed from the front door entrance. They are currently rented on a month-to-month basis. Each apartment is quite spacious, offering roughly 1,000 sq. ft. of living space, providing comfortable layouts with excellent rental potential. Some key features are: EXTRA INCOME POTENTIAL: In addition to the triplex, the property includes a separate unit that can be rented as a studio, an office, or a creative workspace. LARGE SIDE YARD: Corner lot with generous outdoor space. A rare find indeed! BASEMENT: Good-sized basement allows for great storage. UTILITIES: Each unit has separate gas and electric meters, making it easy to manage and bill tenants separately. INVESTOR-FRIENDLY: Current setup offers strong rental income with significant upside as rents in the area continue to rise. So, whether you’re a savvy investor looking for a cash-flow investment opportunity or a homebuyer-investor looking for a property with both rental income and owner-occupant possibilities, this triplex with the bonus unit is ideal! This is an As-is/Where Is Sale.