3559 N 5TH ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19140
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,440 sqft
Price per Sqft $110
MLS Listing ID PAPH2419468
Year Built 1925
Annual Tax Amount $1,994
Tax Year 2023
Lot Size 2,092 Sqft
Property Description
Attention Investors, this is a great opportunity to own with great potential cash flow. This sale includes a building with four units. The main floor features a storefront with basement access and two bath rooms. There's a port garage access in the rear. On the second floor, you'll find a apartment unit, gutted will need to be finished, plumbing, electrical wire all done and on the third floor there's an apartment unit gutted as well and need to be done. electric wires and plumbing are all done. There another unit that's finished with 2 bed room, one bath, with living room and kitchen area attached to the rear behind the garage, which is finished. New flooring, modern kitchen, and spacious rooms. current being occupied . Store front was permitted to use as a daycare, prior food service. The store front can be use for other business, like laundry mat, hair salon, convenient store, and more. Rear attached garage can also be use as a access point or a car service business. There is a basement as well. Dont miss out, this building is big with endless possibilities to generate income.
Each unit has its own utilities. The property has incredible income-generating potential when fully occupied. With projected rents ranging between $6,000 and $7,000 per month, this property is a steal in today's market. But why is it priced so low? Well, property being sold as-is, and only cash offers will be accepted. The buyer will need to obtain City Certification and handle any necessary repairs, if required.
Agent see Agent remarks for showing instructions
Location
State PA
County Philadelphia
Area 19140 (19140)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Window Unit(s)
Exterior
Water Access N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
School District The School District Of Philadelphia
Others
Special Listing Condition Standard