$250,000

5958 LORETTO AVE, Philadelphia, PA 19149

  • 1,312 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon1,307sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $191/sqft
  • Property List Date Icon Listed 1 day ago

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.

Listing Status:
Active
Listing Office:
Keller Williams Real Estate-Blue Bell : 2156462900
Listing Agent:
Zachary A Behr : 2156641008
MLS ID:
PAPH2542398
  • Basement: Full
  • A/C: None
  • Heating: RadiatorHot WaterNatural Gas
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Straight Thru
  • Roofing: Flat
  • General: MasonryConcrete Perimeter
  • Originating MLS: BRIGHT_MAIN
  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • County: PHILADELPHIA-PA
  • Zoning: RSA5531311300
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Zachary A Behr, Keller Williams Real Estate-Blue Bell

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Laura H. Carnell School

1100 Devereaux Ave, Philadelphia, PA, 19111

Grades KG-5

0.26 miles away

W

William H. Ziegler Elementary School

5935 Saul St, Philadelphia, PA, 19149

Grades KG-8

0.58 miles away

S

Samuel Fels High School

5500 Langdon St, Philadelphia, PA, 19124

Grades 9-12

0.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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