1152 S 11th St, Philadelphia, PA 19147

Property Description

Add this meticulously maintained triplex to your portfolio. Or 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. 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 — or could command even higher rent with a new tenant.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.