Completely renovated in 2024. Long term tenant interested in a continued lease. Tenant is currently paying $1800/month and all utilities, Lease ends in 7/2026 Investor opportunity in Philadelphia. 5637 Belmar Terrace offers stable rental income, efficient operating expenses, and positive cash-flow projections based on conservative underwriting. Located in an established rental area with consistent tenant demand. Ideal buy-and-hold asset with long-term appreciation potential. Financials available upon request.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 1/2 Bathrooms: 1
Interior Features
Appliances
- Dishwasher
- Microwave
- Oven/Range - Electric
- Refrigerator
- Stainless Steel Appliances
- Washer
- Dryer
Heating and Cooling
- Cooling Features: Central A/C
- Heating Features: Forced Air
- Heating: Yes
Land Info
- Lot Size Acres: 0.02
- Lot Size Square Feet: 992
Garage and Parking
- Parking Features: On Street
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
- Senior Community: No
School Information
- School District: PHILADELPHIA CITY
Other Property Info
- Annual Tax Amount: 1378
- Source Listing Status: Active
- County: PHILADELPHIA
- Disclaimer: Standard
- Ownership: Fee Simple
- Source Property Type: Residential
- Property Subtype: townhouse
- Source Neighborhood: KINGSESSING
- Postal Code Plus 4: 4712
- Subdivision: KINGSESSING
- Township: PHILADELPHIA
Building and Construction
- Total Square Feet Living: 1024
- Year Built: 1925
- Above Grade Finished Area: 1024
- BelowGradeFinishedArea: 0
- Construction Materials: Masonry
- Levels: 2
- Property Age: 101
- Levels or Stories: 2
- Structure Type: Interior Row/Townhouse
- Total Area Sqft: 1024
- Architectural Style: Straight Thru