523 DICKINSON ST, Philadelphia, PA 19147

• 2,286 sqft

Property Description

Welcome to 523 Dickinson Street, a legal triplex offering an excellent opportunity for investors seeking rental income with immediate upside. The property features three residential units, all separate utility meters, and a desirable South Philadelphia location in the 19147 zip code. The first-floor unit is currently occupied and generating $1,300 per month, providing immediate rental income to the new owner. The second-floor unit is vacant and offers an estimated rental opportunity of approximately $1,300 per month, while the third-floor unit is also vacant and offers an estimated rental opportunity of approximately $1,195 per month. At projected rents, the property has the potential to generate approximately $3,795 per month, or $45,540 annually, in gross rental income. The two vacant units provide a new owner the opportunity to live in one unit as an owner-occupant or to lease up the property and increase overall cash flow. Separate meters further enhance the investment profile by allowing for more efficient utility management. Offered at $549,000, this is an excellent opportunity to acquire a legal triplex with an existing income stream, additional rental upside, and the potential for long-term appreciation in one of Philadelphia's highly sought-after neighborhoods. Conveniently located near Center City, Passyunk Square, shopping, restaurants, public transportation, and major roadways. Whether you're an experienced investor expanding your portfolio or a buyer looking for an income-producing property, 523 Dickinson Street is worth a closer look.

Listing Status:

Active

Data Last Updated:

September 24, 2026 at 7:17AM

Listing Office:

EXIT Elevate Realty : 2156236000

Listing Agent:

Alex Lam : 2673076347

MLS ID:

PAPH2666398

Interior

• Appliances: Oven - SingleRefrigerator
• Laundry: None
• Basement: Dirt floor
• A/C: Window Unit(s)
• Heating: Baseboard - Hot WaterNatural Gas
• Disability Feature: Doors - Lever Handle(s)

Exterior

• General: Above GradeBelow Grade
• Style: AirLite

Construction

• General: MasonryBrick/MortarBlock

Location

• Originating MLS: BRIGHT_MAIN
• School District: PHILADELPHIA CITY
• County: PHILADELPHIA-PA

Lot

• Zoning: RSA5011263000

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN
• Exclusions: tenants personal property