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Philadelphia,PA 19149
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,312 sqft
Price per Sqft $190
Subdivision Oxford Circle
MLS Listing ID PAPH2542398
Style Straight Thru
Abv Grd Liv Area 1,312
Year Built 1920
Annual Tax Amount $3,478
Tax Year 2025
Lot Size 1,487 Sqft
Acres 0.03
Lot Dimensions 16.00 x 94.00
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Charming duplex at 5958 Loretto Ave in Northeast Philadelphia offers an excellent opportunity for owner-occupants or investors, conveniently located just off Roosevelt Boulevard with easy access to major transportation routes, shopping, dining, and all the amenities of the bustling Northeast corridor. This well-maintained property features two separate one-bedroom units, with the first floor currently owner-occupied and the second floor generating steady rental income through a lease extending to March 31st, 2026, providing immediate cash flow for your investment. The first-floor unit boasts exclusive access to a finished basement, perfect for additional living space, storage, or recreation. Both units benefit from the character and charm that make this property stand out from typical rental stock in the area. A garage provides valuable off-street parking, a sought-after feature in this neighborhood, adding convenience and value to the property. The home has been lovingly maintained over the years, showing pride of ownership with updates and care evident throughout. This ensures you won't face immediate capital expenditures and can enjoy peace of mind from day one. This duplex presents a rare chance to significantly offset your mortgage by occupying one unit while collecting rent from the other, or to add a turnkey rental property to your investment portfolio with an existing tenant already in place. Whether you're a first-time buyer looking to house hack your way into homeownership, a growing family seeking rental income to supplement your budget, or a seasoned investor wanting a solid cash-flowing asset in a stable Northeast Philadelphia neighborhood, 5958 Loretto Ave delivers on all fronts. The location offers the perfect balance of residential tranquility and urban convenience, with Roosevelt Boulevard's commercial corridor just moments away, while the property itself is situated on a quiet street. Don't miss this opportunity to own a piece of Northeast Philadelphia real estate that combines charm, functionality, and income potential all in one attractive package.
Location
State PA
County Philadelphia
Area 19149 (19149)
Zoning RSA5
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Radiator,Hot Water
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Parking Features Garage - Rear Entry
Garage Spaces 1.0
Water Access N
Roof Type Flat
Accessibility None
Attached Garage 1
Total Parking Spaces 1
Garage Y
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 531311300
Ownership Fee Simple
SqFt Source 1312
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard