Check Availability
$139,999
↓ $5K (3.5%)
Townhouse - For Sale

5624 ELMWOOD AVE

PHILADELPHIA, PA 19143
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1024 Sqft
$688
Estimated Monthly
$0
HOA / Fees

About This Property

5624 Elmwood Ave, located in Philadelphia, PA, is a turn-key rental property or an owner-occupant oasis. Renovated in 2018, this Philadelphia row home offers a range of updated features, including a new roof, windows, flooring, kitchen, appliances, and bathroom. With the added benefit of being currently tenant occupied by a long-term tenant who takes good care of the home, this property presents an excellent opportunity for investors or homeowners looking for a well-maintained and hassle-free property.

Property Features:

Renovation: The property underwent significant renovations in 2018, ensuring a modern and updated living space. The renovations include a new roof, new windows, new flooring, a new kitchen, new appliances, and a new bathroom. These improvements contribute to the overall appeal and functionality of the property.

Turn-Key Rental Property: With its current tenant occupancy and a long-term tenant in place, 5624 Elmwood Ave presents a ready-to-go investment opportunity. The property is already generating rental income, making it an attractive option for investors seeking immediate cash flow. The tenant's commitment to taking good care of the home further enhances its value as a turn-key rental property.

Owner-Occupant Oasis: In addition to its investment potential, 5624 Elmwood Ave can serve as a comfortable owner-occupant oasis. The property's recent renovations ensure a modern living experience with updated amenities. Whether you're a first-time homeowner or looking to downsize, this property offers a move-in ready space for individuals or families seeking a convenient and well-maintained home.

Location:
5624 Elmwood Ave is situated in Philadelphia, PA, which provides easy access to various amenities, services, and attractions. The property's location within the city offers proximity to schools, parks, shopping centers, restaurants, and entertainment options. Commuting is made convenient with accessible transportation routes and public transit options available nearby.

Investment Potential:
The property's turn-key rental status makes it an appealing investment opportunity. With a long-term tenant in place who maintains the property, investors can enjoy consistent rental income without the immediate need for extensive property management. Additionally, the recent renovations contribute to the property's desirability, potentially attracting quality tenants and supporting a healthy rental demand.

5624 Elmwood Ave in Philadelphia, PA, is a renovated row home offering a turn-key rental property or an owner-occupant oasis. With its updated features, including a new roof, windows, flooring, kitchen, appliances, and bathroom, this property provides a modern living space. The current long-term tenant, who takes good care of the home, adds value and convenience for investors or homeowners. Whether you're seeking an investment property or a comfortable residence, 5624 Elmwood Ave presents an excellent opportunity in the Philadelphia real estate market.Note: The photos are from 2018 prior to the home being occupied.
Unit Size
1,024Ft²
Days on Market
276 days
Land Size
0.03 acres
Price per sqft
$137
Property Type
Townhouse
Property Taxes
-
HOA Dues
-
Year Built
1925
Listed By
Last updated: 2 months ago (Bright MLS #PAPH2257974)

Price History

Date / Event Date Event Price
Mar 21, 2024 Price Decreased $139,999
↓ $5K (3.5%)
Price Decreased
Feb 12, 2024 Price Increased $145,005
↑ $5 (0%)
Price Increased
Dec 27, 2023 Price Decreased $145,000
↓ $5K (3.3%)
Price Decreased
Sep 26, 2023 Price Increased $150,000
↑ $1 (0%)
Price Increased
Jul 26, 2023 Listed by RE/MAX Classic $149,999
Listed by RE/MAX Classic

Property Highlights

Parking Details
Parking Features: None
Interior Details

Bedroom Information

Bedrooms on 1st Upper Level: 3

Bathroom Information

Full Bathrooms on 1st Upper Level: 1

Interior Information

Appliances: Refrigerator, Washer, Dryer
Flooring Type: Fully Carpeted, Tile/Brick, Vinyl
Living Area Square Feet Source: Assessor

Basement Information

Has Basement
Full

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
3 Beds
2 Baths
1,044 ft²
$105/ft²
$110,000 Apr 2, 2023
$110,000 Jun 21, 2023
-
Townhouse
3 Beds
2 Baths
1,140 ft²
$114/ft²
$130,000 Jul 29, 2019
$130,000 Sep 5, 2019
-
Townhouse
3 Beds
2 Baths
990 ft²
$141/ft²
$140,000 Nov 14, 2019
$140,000 Feb 18, 2020
-
Townhouse
3 Beds
2 Baths
1,092 ft²
$155/ft²
$169,000 Oct 9, 2022
$169,000 Dec 9, 2022
-
Townhouse
3 Beds
2 Baths
1,068 ft²
$108/ft²
$115,000 Sep 14, 2021
$115,000 Nov 2, 2021
-
Townhouse
3 Beds
2 Baths
1,204 ft²
$138/ft²
$166,500 Feb 3, 2023
$166,500 Apr 7, 2023
-
Townhouse
3 Beds
2 Baths
984 ft²
$163/ft²
$159,900 Oct 2, 2022
-
-
Townhouse
3 Beds
2 Baths
1,068 ft²
$150/ft²
$160,000 Mar 15, 2023
-
-
Townhouse
3 Beds
2 Baths
1,024 ft²
$175/ft²
$179,000 Mar 27, 2023
-
-
Townhouse
3 Beds
2 Baths
1,120 ft²
$151/ft²
$169,000 Jun 30, 2023
-
-
Townhouse
3 Beds
2 Baths
1,199 ft²
$123/ft²
$147,500 Jan 24, 2023
-
-
Townhouse
3 Beds
2 Baths
1,176 ft²
$115/ft²
$135,000 Jun 7, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

5624 Elmwood Avenue 5624 Elmwood Avenue, Philadelphia, PA 19143
  • 1 Unit for Sale
More about this Building
5624 Elmwood Avenue
Want to find out who owns 5624 Elmwood Avenue, Philadelphia, PA 19143? Get detailed property transactions here .

About Southwest Philadelphia


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