5402 Lebanon Ave, Philadelphia, PA 19131

$229,500
: 3
BD
: 2
BA
: 1,400
SqFt

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List Price: $229,500
Days on Market: 0
Status: ACTIVE
MLS#: PAPH2653438
Bedrooms: 3
Bathrooms: 2
Full Baths: 2
Living Area: 1,400
Style: Traditional
Year Built: 1920
County: Philadelphia
School District: Philadelphia City

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Property Description

Excellent investment opportunity in a desirable Wynnefield location! This well-maintained duplex offers strong income potential, with one vacant, move-in-ready unit and one occupied unit that provides immediate rental income. Unit 1 features 2 bedrooms, 1 bathroom, recent updates with modern finishes, and a spacious private, serene balcony—perfect for owner-occupants or attracting quality tenants. Based on current PHA payment standards, a 2-bedroom may qualify for rents up to $2,010/month, while a 1-bedroom may qualify for up to $1,690/month (buyer to verify). Unit 2 offers 1 bedroom, 1 bathroom, and is occupied by a long-term tenant, providing stable cash flow and conveniently located near shopping, public transportation, schools, and major roadways. Whether you're looking to house hack or expand your investment portfolio, this property presents an outstanding opportunity. Buyer responsible for verifying all rental rates, PHA standards, and zoning.

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