5201 Lebanon Ave
Philadelphia, PA 19131
-- Bed-- Bath1,824 Sq Ft121 Days on Market
For Sale $499,000
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Courtesy of Coldwell Banker Realty
Listing Agent & Comments
***Back on the Market due to Buyer's inability to secure proper funding! Their loss is your gain as this is a rare money-making property with a HOTEL LICENSE!!*** Seize this rare opportunity to own a legally designated triplex with two highly-rated, turnkey short-term rental units, complete with a transferable HOTEL license, in the highly sought-after neighborhood of Wynnefield, Philadelphia. This property not only offers a lucrative short-term rental business but also comes with a valid hotel variance for six rooms and a short-term rental license—both extremely difficult and costly to acquire. INCLUDES ALL ITEMS IN THE 2nd and 3rd Floor Units!! Located just minutes from the Main Line, City Ave and conveniently near sports venues, concert halls, and St. Joseph's University, this property guarantees a steady stream of guests. The two upper units are freshly remodeled and fully furnished, exuding a cool city vibe that immediately puts guests in vacation mode upon entry. The sale includes everything from the top two short-term rental units, such as beds, sheets, appliances, furniture, kitchenware, and more, making it a true turnkey operation. The first-floor unit is occupied by a long-term tenant, ensuring stable rental income. The property boasts excellent reviews on multiple platforms like VRBO, Travelocity, Booking and Expedia, reflecting its strong reputation. Stunning interior features include exposed brick walls, custom cabinets, and high wood beam ceilings, all designed with an urban loft aesthetic. This investment is perfect for investors seeking an excellent addition to their portfolio, offering immediate income and growth potential. It's also ideal for owner-occupants, particularly first-time buyers looking to house-hack or enter the short-term rental market. Remote investors will find it a great opportunity to invest in Philadelphia and build passive income from a distance. This trendy home is the perfect retreat for guests, providing a relaxing environment after a day of work or exploration in the vibrant city of Philadelphia. Don't miss out on this exceptional investment opportunity. Schedule a showing today and take the first step towards owning a high-performing, income-generating property.
MLS# PAPH2357576 • Data provided by BRIGHTMLS
| Living Area | 1,824 Sq.Ft. |
|---|---|
| Lot Size | 3,141 Sq.Ft. |
| Total Rooms | -- |
| Bedrooms | -- |
| Bathrooms | -- |
| Stories | 4 |
| Year Built | 1920 |
| Property Type | Multi Family |
| Zoning | RSA5 |
| HOA Name | -- |
| HOA Fee | -- |
| HOA Includes | -- |
| Tax Year | 2023 |
| Tax Amount | $1,295 |
| Property in Flood Zone | -- |
Data provided by BRIGHTMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$483,134
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
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New
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HouseCanary, Inc. Brokerage
5201 Lebanon Ave., Philadelphia, PA 19131
Multi Family-- Bed-- Bath1,824 Sq Ft121 Days on Market
Listing Agent & Comments
***Back on the Market due to Buyer's inability to secure proper funding! Their loss is your gain as this is a rare money-making property with a HOTEL LICENSE!!*** Seize this rare opportunity to own a legally designated triplex with two highly-rated, turnkey short-term rental units, complete with a transferable HOTEL license, in the highly sought-after neighborhood of Wynnefield, Philadelphia. This property not only offers a lucrative short-term rental business but also comes with a valid hotel variance for six rooms and a short-term rental license—both extremely difficult and costly to acquire. INCLUDES ALL ITEMS IN THE 2nd and 3rd Floor Units!! Located just minutes from the Main Line, City Ave and conveniently near sports venues, concert halls, and St. Joseph's University, this property guarantees a steady stream of guests. The two upper units are freshly remodeled and fully furnished, exuding a cool city vibe that immediately puts guests in vacation mode upon entry. The sale includes everything from the top two short-term rental units, such as beds, sheets, appliances, furniture, kitchenware, and more, making it a true turnkey operation. The first-floor unit is occupied by a long-term tenant, ensuring stable rental income. The property boasts excellent reviews on multiple platforms like VRBO, Travelocity, Booking and Expedia, reflecting its strong reputation. Stunning interior features include exposed brick walls, custom cabinets, and high wood beam ceilings, all designed with an urban loft aesthetic. This investment is perfect for investors seeking an excellent addition to their portfolio, offering immediate income and growth potential. It's also ideal for owner-occupants, particularly first-time buyers looking to house-hack or enter the short-term rental market. Remote investors will find it a great opportunity to invest in Philadelphia and build passive income from a distance. This trendy home is the perfect retreat for guests, providing a relaxing environment after a day of work or exploration in the vibrant city of Philadelphia. Don't miss out on this exceptional investment opportunity. Schedule a showing today and take the first step towards owning a high-performing, income-generating property.
MLS# PAPH2357576 • Data provided by BRIGHTMLS
| Living Area | 1,824 Sq.Ft. |
|---|---|
| Lot Size | 3,141 Sq.Ft. |
| Total Rooms | -- |
| Bedrooms | -- |
| Bathrooms | -- |
| Stories | 4 |
| Year Built | 1920 |
| Property Type | Multi Family |
| Zoning | RSA5 |
| HOA Name | -- |
| HOA Fee | -- |
| HOA Includes | -- |
| Tax Year | 2023 |
| Tax Amount | $1,295 |
| Property in Flood Zone | -- |
Data provided by BRIGHTMLS.
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
For Sale $499,000
Request tour
Save
Courtesy of Coldwell Banker Realty
5201 Lebanon Ave
Philadelphia, PA 19131
-- Bed-- Bath1,824 Sq Ft121 Days on Market
Listing Agent & Comments
***Back on the Market due to Buyer's inability to secure proper funding! Their loss is your gain as this is a rare money-making property with a HOTEL LICENSE!!*** Seize this rare opportunity to own a legally designated triplex with two highly-rated, turnkey short-term rental units, complete with a transferable HOTEL license, in the highly sought-after neighborhood of Wynnefield, Philadelphia. This property not only offers a lucrative short-term rental business but also comes with a valid hotel variance for six rooms and a short-term rental license—both extremely difficult and costly to acquire. INCLUDES ALL ITEMS IN THE 2nd and 3rd Floor Units!! Located just minutes from the Main Line, City Ave and conveniently near sports venues, concert halls, and St. Joseph's University, this property guarantees a steady stream of guests. The two upper units are freshly remodeled and fully furnished, exuding a cool city vibe that immediately puts guests in vacation mode upon entry. The sale includes everything from the top two short-term rental units, such as beds, sheets, appliances, furniture, kitchenware, and more, making it a true turnkey operation. The first-floor unit is occupied by a long-term tenant, ensuring stable rental income. The property boasts excellent reviews on multiple platforms like VRBO, Travelocity, Booking and Expedia, reflecting its strong reputation. Stunning interior features include exposed brick walls, custom cabinets, and high wood beam ceilings, all designed with an urban loft aesthetic. This investment is perfect for investors seeking an excellent addition to their portfolio, offering immediate income and growth potential. It's also ideal for owner-occupants, particularly first-time buyers looking to house-hack or enter the short-term rental market. Remote investors will find it a great opportunity to invest in Philadelphia and build passive income from a distance. This trendy home is the perfect retreat for guests, providing a relaxing environment after a day of work or exploration in the vibrant city of Philadelphia. Don't miss out on this exceptional investment opportunity. Schedule a showing today and take the first step towards owning a high-performing, income-generating property.
MLS# PAPH2357576 • Data provided by BRIGHTMLS
| Living Area | 1,824 Sq.Ft. |
|---|---|
| Lot Size | 3,141 Sq.Ft. |
| Total Rooms | -- |
| Bedrooms | -- |
| Bathrooms | -- |
| Stories | 4 |
| Year Built | 1920 |
| Property Type | Multi Family |
| Zoning | RSA5 |
| HOA Name | -- |
| HOA Fee | -- |
| HOA Includes | -- |
| Tax Year | 2023 |
| Tax Amount | $1,295 |
| Property in Flood Zone | -- |
Data provided by BRIGHTMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$483,134
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
For Sale $499,000
Request tour
Save
Courtesy of Coldwell Banker Realty