1152 S 11th St
Little Saigon
Multi-Family | 3 one bedroom apartments | 2,520 Square Feet
$597,000
Here is the perfect opportunity for an owner-occupant looking to offset their mortgage with strong rental income already in place. Live in one unit while the other two apartments help pay the bills. (washer and dryer in each unit) The property generates $4,060/month in rental income, with long-term tenants who would love to stay. First-floor tenant has been in place since 2014 and pays $1,300/month. This lease ends May 31, 2027. Second-floor tenant pays $1,345/month with a lease through April 30, 2027. Top-floor unit, rented for $1,415/month on a month to month and AVAILABLE FOR AN OWNER OCCUPANT— NO VACANCY SINCE 2012. Gas and electric are separately metered, utilities are split, and most mechanicals are newer or recently updated. The building has been consistently renovated, carefully maintained, and thoughtfully improved by the current owner, with maintenance records available for review. Whether you are looking to reduce your monthly housing costs, build long-term wealth through real estate, or invest in a turnkey multi-family property, this triplex offers flexibility, stability, and immediate income from day one.
Property Highlights
Property Type: Townhome
Year Built: 1915
County: Philadelphia County
Neighborhood: Little Saigon
School District: The School District of Philadelphia
Listing ID: PAPH2626258
Interior Features
Bedrooms: 3
Bathrooms: 3
Air Conditioning: Window Units, Electric
Fireplaces: 0
Above Ground Sq Ft: 2,520 sq ft
Below Ground Sq Ft: 0 sq ft
Basement: Full
Water: Public
Exterior Features
Lot Size: 992 sq ft
Lot Dimensions: 16’ x 62’
Zoning: RSA5
Sewer: Public Septic
Parking Features: On Street