Patterson-Schwartz Real Estate5345 Akron Street, Philadelphia, PA 19124-1219 $235,000
Interior Sq. Ft: 1,830
Acreage: 0.03
Age:80 years
Taxes: $1,907
Subdivision: Northwood
Design/Type:
Interior Row/Townhouse
Description
A well-maintained duplex located on a desirable block in the Frankford/Mayfair corridor of Northeast Philadelphia. This income-generating property offers an excellent opportunity for investors or owner-occupants seeking steady cash flow with the added bonus of value-add potential. The property is currently configured as a duplex with two spacious, tenant-occupied units. The first floor features a generously sized one-bedroom unit occupied by a long-term tenant.. The second floor consists of a two-bedroom unit. The landlord covers the water bill, while the tenants are responsible for their own gas, electric, and cable—ensuring a low operating cost and strong return.Previously used as a triplex, the home still retains many of the elements needed to be converted back, offering a great opportunity to increase rental income and maximize property value, subject to zoning requirements.This property is close to public transportation, shopping centers, schools, and major roadways. The area has seen consistent rental demand and appreciation, making it a smart buy for those looking to invest in one of Philadelphia’s established neighborhoods.
Home Assoc: No
Condo Assoc: No
Basement: Y
Pool: No Pool
Features
Utilities
Baseboard - Electric Heating, Electric, Window Unit(s) Cooling, Electric, Hot Water - Electric, Public Water, Public Sewer, Electric Available, Natural Gas Available
Garage/Parking
On Street
Interior
Ceiling Fan(s), Window Treatments, Full Basement, Fully Finished Basement, Fully Carpeted Flooring, Accessibility - 2+ Access Exits
Exterior
Stone Foundation, Flat Roof, Masonry, Sidewalks, Street Lights
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Public Elementary (103 schools)
Public Middle (24 schools)
Public High (37 schools)
Private (65 schools)
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This report is a detailed community overview for Philadelphia (19124), Pennsylvania.
Community Quick Facts
- Average travel time to work for people in this community: 37
- Average salary of people in this community: $35,625
Community Summary
- Population Density (ppl / mile): 14,319
- Household Size (ppl): 3.09
- Households w/ Children: 101%
Housing Inventory
- Owned: 12,223 (47.9%)
- Rented: 10,386 (40.7%)
- Vacant: 2,883 (11.3%)
- Total: 25,492
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 9.3%
- Some High School: 14.7%
- High School Graduate: 44.0%
- Some College: 14.9%
- Associate Degree: 6.5%
- Bachelor's Degree: 7.2%
- Graduate Degree: 3.4%
Income by dollar range
Median Income: $33,611
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $747
- One Bedroom: $748
- Two Bedroom: $910
- Three Bedroom: $1,045
- Four Bedroom: $1,188
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Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 410-392-6500
Listing Courtesy of: BHHS Fox & Roach-Washington-Gloucester , (856) 227-8900
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Patterson-Schwartz Real Estate participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information Deemed Reliable But Not Guaranteed.
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Listing data as of 6/24/2025.
