5010 Homestead Street

NEW PRICE CASH FLOW OPPORTUNITY | Northeast Philadelphia Price improved to $185,000! This property currently generates $1,800 per month in rental income (gross rental income $21,600 annually), making it an excellent opportunity for investors seeking immediate cash flow in Northeast Philadelphia. The home features an updated kitchen, luxury vinyl plank flooring, and abundant natural light throughout, creating a comfortable and welcoming living space. Conveniently located near I-95, public transportation, shopping, schools, and the scenic Kensington & Tacony Trail along the Delaware River, offering easy commuting and access to outdoor recreation. Zoned RM-1, the property offers potential flexibility; however, it is not currently recognized as a legal duplex, and buyers are encouraged to verify permitted uses with the City of Philadelphia. The home can also be reconfigured into a spacious 2-bedroom, 2-bath single-family residence, providing additional options for future use. The property can be delivered vacant or with tenants in place, making it an attractive opportunity for both owner-occupants and investors seeking strong rental potential in a growing neighborhood. Schedule your showing today and explore the possibilities at 5010 Homestead St!