5578 Ludlow St, PHILADELPHIA, PA

$299,900

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1,204

Square feet

0.03

Acres

About 5578 Ludlow St

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!

Features of 5578 Ludlow St

MLS® # PAPH2667542
Price $299,900
Bathrooms 0.00
Square Footage 1,204
Acres 0.03
Year Built 1925
Type Multi-Family
Sub-Type Duplex,End of Row/Townhouse
Style Other
Status Active

Community Information

Address 5578 Ludlow St
Area 19139
Subdivision WEST PHILADELPHIA
City PHILADELPHIA
County PHILADELPHIA-PA
State PA
Municipality PHILADELPHIA
Zip Code 19139

Amenities

Amenities Combination Kitchen/Living, Combination Kitchen/Dining, Entry Level Bedroom, Recessed Lighting, Wood Floors
Is Waterfront No

Interior

Appliances Built-In Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances
Heating Forced Air
Cooling Central A/C
Has Basement Yes
Basement Full
Fireplace No
# of Stories 2

Exterior

Exterior Other
Roof Flat
Construction Other
Foundation Other

School Information

District PHILADELPHIA CITY

Additional Information

Date Listed September 18th, 2026
Days on Market 21
Zoning CMX2
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Ownership Fee Simple

Listing Details

OfficeCompass Pennsylvania, LLC

Listing Map

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