5339 Chestnut St
Fully renovated mixed-use triplex at 5339 Chestnut St, Philadelphia, offered at $297,000 with 100% occupancy and immediate cash flow from two residential units and one commercial tenant. The property was completely renovated in late 2020 and is positioned as a turnkey investment combining residential and commercial income streams.
The 1,510 SF building sits on a 1,088 SF lot in the RM1 zone along Chestnut Street, a major West Philadelphia corridor with strong pedestrian and vehicle traffic. Unit 2 rents at $800/month, Unit 3 at $1,200/month, and the ground-floor commercial space at $800/month, generating $2,800 in monthly rental income. Both residential units feature central air conditioning, in-unit laundry, modern kitchens with granite countertops and white tile backsplashes, built-in microwaves, and ceiling fans. The commercial space benefits from prime Chestnut Street frontage and visibility.
- Fully renovated in 2020; turnkey condition
- Three income streams: two residential units plus commercial tenant
- $2,800/month total rental income; 100% occupied
- In-unit laundry and modern finishes in both residential units
- Strong commercial corridor location with high foot traffic
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This fully renovated 1,510-square-foot mixed-use triplex at 5339 Chestnut St in Philadelphia offers an attractive investment opportunity combining modern residential living with established commercial income. Renovated in late 2020, the turnkey property features two updated residential units positioned above a stabilized commercial space, providing immediate cash flow from multiple tenants. Current monthly rents include $800 for Unit 2, $1,200 for Unit 3, and $800 for the commercial space. The residential units are equipped with central air conditioning, in-unit laundry, modern kitchens with white tile backsplashes and granite countertops, built-in microwaves, ceiling fans, and durable contemporary finishes designed for tenant comfort and easy maintenance. The commercial space benefits from strong exposure along Chestnut Street, a major West Philadelphia corridor with significant pedestrian and vehicle traffic. With quality renovations, diversified rental income, and a convenient location, this property presents a low-maintenance opportunity for both experienced investors and those looking to expand their portfolio.