Philadelphia, PA 19143 5819 Theodore Street

Welcome to 5819 Theodore St, Philadelphia, PA 19143, a corner, end-of-row triplex ready to shine with your creative vision. Perfectly positioned between Center City and Philadelphia International Airport both just 10 minutes away this property sits on a quiet street with easy highway access, making it a commuters dream. Featuring three spacious one-bedroom units (with an active rental license for two units), the ground-level first-floor unit also offers a full basement with potential to dig down and create a stunning bi-level apartment. This end-of-row corner lot is flooded with natural light and can be delivered vacant with the exception of one tenant on the third floor, giving you the flexibility to design your income strategy from day one. With market rents around $1,300 per unit, there is serious cash-flow potential, and the neighboring corner property, smaller than this one, recently sold for $205,000 giving instant value-add upside. Steps from Bartrams Garden, a 50-acre National Historic Landmark, and close to Bartram Village, where the city has earmarked $100 million for redevelopment, this location is a goldmine. Also convenient to University City, Cobbs Creek Park, Kingsessing Rec Center, shopping, dining, cultural landmarks, and public transportation, this is an unbeatable opportunity. While the property needs a full renovation, the options are endless, from maximizing the existing three units to transforming the basement into a fourth income-producing space. Investors, this is your chance to get in ahead of the Bartram redevelopment wave and secure a high-demand rental asset opportunities like this do not stick around!