5701-5 TULIP ST, Philadelphia, PA 19135

Property Description

Well-maintained 6-unit multifamily property located in Philadelphia. Each unit features 1 bedroom and 1 bathroom and is equipped with wall/window A/C units. The building currently has 4 occupied units, offering immediate rental income potential. Property includes gas heat with baseboard heating and gas water heaters. The heating system is serviced twice a year, with the most recent service completed in 2025. The side of the roof was repaired approximately three years ago. Windows were replaced in 2014. Additional amenities include a coin-operated washer and dryer for tenant convenience and on-site parking for up to 8 vehicles. Three units are vacant, Owner has not increased the rent for a couple of years, one unit pays $720, month to month, $780, month to month, the other unit $975, tenant extended the lease for a year. Rents can easily can be raised, the vacant units are ready to be rented and in great condition. This property presents a great opportunity for investors looking to add a stable multifamily asset in a strong rental market.

Listing Status:

Active

Data Last Updated:

April 2, 2026 at 1:18AM

Listing Office:

Allentown City Realty : 6104272431

Listing Agent:

Kelvin Diaz : 6105703477

MLS ID:

PAPH2595124

Interior

• Flooring: Carpet
• A/C: Wall Unit
• Heating: Baseboard - Hot WaterNatural GasElectric
• Disability Feature: None

Construction

• Roofing: Flat
• General: MasonryStone

Location

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

Lot

• Zoning: RM1411439000

Utilities

• Utilities: Electric availableNatural gas availableSewer available200 amp service
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN