$275,000

5740 N 5th St

PHILADELPHIA PA, 19120

Description

Incredible opportunity for an investor or owner occupant! First floor is commercial space, currently vacant, was previously functioning as an auto tag insurance business (Previous rent $1050/month). First floor offers private front door and rear entrance. The second floor is a 1 bed / 1 bath, current rent is $600/month - lease through 9/1/20. Third floor is a 2 bed / 1 bath apartment, current rent is $675/month. Both second and third floor units have electric heat. There is a private rear garage, with brand new garage door, currently rented for $120/month. Current rents are under the local rent amount - rent in the area for similar units are around $750/month. All leases are month-to-month and al units have separate electric meters. There is gas heat in the building as well. Owner pays the water bill, estimated around $75 per month. The Fire Alarm System is up to code. Property is being sold as is.

Details

MLS#PAPH929948
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1945
Days On Site23

Features

Units6
ZoningCMX2.
Loading Form
Loading Form
Area Information
StatePA
CountyPHILADELPHIA-PA
CityPHILADELPHIA
Zip Code19120
Area19120 (19120)
Listing VS Median (in 19120)
Price:
$275,000
low | high
Med:
$157,250
92.818181818182% of Average
On Site:
23
low | high
Med:
36
63.888888888889% of Average
Listing Updated: 09/23/2020
Frank A Altamuro LogoMLS Number: PAPH929948
Listing Provided By:
Frank A Altamuro  of  Coldwell Banker Preferred-OC
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Bright MLS. 

© 2020 Bright MLS, All Rights Reserved