5323 Malcolm St, Philadelphia, PA 19143

Embrace the opportunity presented by 5323 Malcolm St, located in the vibrant Kingsessing district of Philadelphia! This single-family rowhome boasts three bedrooms and one bathroom and is currently occupied by a reliable tenant, yielding $1,155 in monthly rent (excluding utilities). Positioned near Cobs Creek Park and Malcolm X Park, it offers convenience and access to green spaces.

With rental rates for renovated apartments in the area ranging from $1,300 to $1,500, there’s significant income potential to be unlocked. Recent sales of renovated homes in the vicinity, such as 840 S Allison St ($211,000), 5828 Warrington Ave ($180,000), and 966 N 45th St ($209,500), underscore the promising investment prospects.

Benefit from the stability of a tenant in place with a month-to-month lease, backed by rent ledger records since January 2023. Don’t miss out on this prime opportunity to secure a lucrative asset in the thriving Philadelphia market. Schedule your showing today and seize the potential of 5323 Malcolm St!

Finished Comps:

5118 Malcolm St, Philadelphia, PA 19143 – $285,000 ( 2 bd | 1 ba | 896 sqft) – $318 PPSF

1039 S 55th St, Philadelphia, PA 19143 – $200,000 (3 bd | 2 ba | 1,230 sqft) – $163 PPSF

5230 Beaumont Ave, Philadelphia, PA 19143 – $197,000(3 bd | 1 ba | 1,024 sqft) – $192 PPSF

1106 S Peach St, Philadelphia, PA 19143 – $195,000 (3 bd | 2 ba | 960 sqft) – $192 PPSF

Rehab Comps:

1040 S 54th St, Philadelphia, PA 19143 – $95,000 (3 bd | 1 ba | 1,200 sqft) – $79 PPSF