Philadelphia, PA 19120,5018 N 5TH ST
Philadelphia, PA 19120,5018 N 5TH ST
Philadelphia, PA 19120,5018 N 5TH ST
Philadelphia, PA 19120,5018 N 5TH ST
Philadelphia, PA 19120,5018 N 5TH ST
Philadelphia, PA 19120,5018 N 5TH ST
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$175,000

$185,000

5.4%
Est.Price: ?

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Est. payment /mo

2,070 SqFt


SOLD DATE : 01/08/2024

Key Details

Sold Price $175,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 2,070 sqft

Price per Sqft $84

MLS Listing ID PAPH2301366

Sold Date 01/08/24

Originating Board BRIGHT

Year Built 1910

Annual Tax Amount $1,551

Tax Year 2018

Lot Size 1,824 Sqft

Acres 0.04

Property Description

Discover an exciting investment opportunity! 5018 N 5th St. is a well maintained, mixed-use duplex located in Philadelphia's Olney neighborhood. The ground and basement levels offer a commercial space that has held the same tenant, a take out restaurant, since 2010 and attracts a steady flow of foot traffic. This space is currently leasing for $1,200 a month. The residential unit on the 2nd floor, features a well-maintained 1 bedroom apartment that is currently occupied and rents for $825 a month. This property brings immediate income stream with the potential for increased returns bringing in a combined $2,025 a month. The location is well-connected with easy access to public transportation, major roadways, and proximity to downtown Philadelphia, providing convenience for residents and businesses.

Location

State PA

County Philadelphia

Area 19120 (19120)

Zoning RM1

Interior

Hot Water Natural Gas

Heating Radiant

Cooling None

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District The School District Of Philadelphia

Others

Tax ID 871575790

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by ERIC Andrew Dvotsky • BHHS Fox & Roach-Center City Walnut
Bought with Lina Balanta • Giraldo Real Estate Group
agent-avatar

+1(571) 263-4154

mj@razr.group

43777 Central Station Dr, Suite 390, Ashburn, VA, 20147, United States

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