Legally Zoned Duplex
For Sale
Contact for pricing
Pending
1155 S 10th Street, Philadelphia, PA 19147
Leased three-unit income property needs conversion back to a legally approved duplex with existing utilities in place.
Property SizeContact for details
Days on Market120
Property Features for 1155 S 10th Street
General Information
Standard status
Pending
Property subtype
Multifamily
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
3
Building Details
Tenancy
Multi
Listing Agency:
First City Team
Listed By:
steven zhao · License #RS315738
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 9 at 10:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of First City Team
Investment Insights
Based on property information with market context.
This legally zoned duplex property is currently configured in a way that requires conversion back to a two-unit setup. The building was previously converted from a single-family home into a triplex, but approval is only for a duplex, so the top two units must be converted into one unit, described as involving only one wall. Permits are available to support the required conversion. At present, all three units are leased, generating stated gross rental income of $42,000.
The property has one gas meter and one electric meter, with the landlord paying utilities at the moment.
The property has one gas meter and one electric meter, with the landlord paying utilities at the moment.
Key Highlights
- Legally zoned duplex that needs conversion back from a triplex configuration
- Permits available for the required conversion back to a duplex
- Currently all 3 units are leased with $42,000 gross rental income
Property Analytics
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
5,273
Businesses Nearby
Explore this area
Business Placement
Demographics for 19147, PA
41,096
Population
20,735
Households
2
Avg Household Size
36
Median Age
69%
College-Educated
93%
High-School Grad
1.3 sq mi
ZIP Area
31,612
Density / Sq Mi
$104,190
Median Household Income
$71,905
Median Earnings
$1,679
Median Rent
$524,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Leased three-unit income property needs conversion back to a legally approved duplex with existing utilities in place.
Where is this duplex located?
The property is located at 1155 S 10th Street Philadelphia, PA.
What are key features of this property?
This property features: Legally zoned duplex that needs conversion back from a triplex configuration; Permits available for the required conversion back to a duplex; Currently all 3 units are leased with $42,000 gross rental income
