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Street View
$299,900
Monthly Est:$1,493
-- Bed
-- Bath
1,204sqft
5578 Ludlow St, Philadelphia, PA 19139
$299,900
$1,493/moEst:
Get Pre-Approved
Townhouse
Built in 1925
$-- HOA
1,226 sqft lot
$249/sq.ft
Description
INVESTOR OPPORTUNITY
Excellent opportunity to add an income-producing duplex to your Philadelphia real estate portfolio. The property features two residential units and a detached garage, providing multiple sources of rental income.
Unit 1 is a 2-bedroom, 1-bathroom apartment that is currently vacant and was previously rented for $1,050 per month, allowing the new owner to select their own tenant and establish a new lease.
Unit 2 is a 2-bedroom, 1-bathroom apartment that is currently occupied and rented for $1,200 per month.
The detached garage generates an additional $700 per month.
Based on the current and most recent rental rates, the property has the potential to generate approximately $2,950 per month and $35,400 in annual gross rental income when fully occupied. With existing income and additional upside through the vacant unit, this property offers flexibility and strong income potential for both new and experienced investors.
Schedule your showing today!
- Houzeo last checked: 13 minutes ago
- Listing updated: October 8, 2026 at 7:42 pm
- Listing Provided by: Eli Qarkaxhia (215) 774-5782 , James V Roth (609) 828-2458 | Compass Pennsylvania, LLC (267) 435-8015
- Source: Bright MLS-NJ | MLS#: PAPH2667542
Property Details
Status
Active
Type
Townhouse
No. of Stories
2
County
City
Neighborhood
Year Built
1925
HOA Fees
-
Finished Area
1,204 sqft
Lot Size
1,226 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
PAPH2667542
MLS Status
ACTIVE-BRIGHT
Days on Market
21
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Flooring
Wood
Sewer
Public Sewer
Heating
Forced Air
Appliances
Built In Microwave, Oven/range Gas, Refrigerator, Stainless Steel Appliances
Cooling
Central A/c
Interior Features
Combination Kitchen/living, Combination Kitchen/dining, Entry Level Bedroom, Recessed Lighting, Wood Floors
Construction
Year Built
Year Built: 1925
Home type
Townhouse
Roof
Flat
Property Condition
Good
Foundation Details
Other
Architectural Style
Other
Construction Materials
Other
Utilities & Energy
Water Source
Public
Basement
Full
Other Features
Subdivision Name
West Philadelphia
Price History
| Date | Event | Price |
|---|---|---|
09/18/2026 Source: | Listed for Sale | $299,900 +10.46% $249/sqft |
09/30/2024 Source: | Price Increased | $271,500 +243.67% $225/sqft |
11/15/2018 Source: | Price Increased | $79,000 +0.64% $66/sqft |
06/30/2005 Source: | Price Increased | $78,500 +17344.44% $65/sqft |
03/23/2003 Source: | Sold | $450 $0/sqft |
Cobbs Creek Ranks #8 in Philadelphia, PA
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Based on information from Bright MLS through Oct 10, 2026, 01:15PM. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 Bright MLS, Inc. All Rights Reserved. Click here for more information
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