Views
Address
5407 Market Street Philadelphia, PA
Price
$ 65,000
Property Attributes
  • MLS#1000426747
  • TypePending
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19139
  • NeighborhoodWEST PHILADELPHIA
  • Zip19139
  • Style
  • Year Built1925
  • Taxes938
  • Price$ 65,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1378
  • Lot Size871 SqFt
Listing Provided Courtesy Of:
Realty Xpress
Property Description

INVESTOR ALERT!!! Nice 2 story commercial/mixed use building for sale near the 52nd St Shopping Corridor. Legally Zoned CMX2 Building on busy Market Street. It is just 2 blocks from the bustling 52nd & Market Street Shopping Corridor with heavy foot traffic passing by at all times of the day. It is super convenient to transportation(52nd St Market-Frankford El Stop) and there is plenty of parking in front of and around the building. Currently: First floor is leased to a Hair Salon for $750 monthly. See pictures of salon and prior while vacant for a better view of full space. 2nd floor is a 2 BR apartment leased for $700 monthly. Currently generates $1,450 in rents per month. All electric utilities. Separately metered electric service. Tenants pay their own electric. Landlord pays only water, taxes and insurance. This is a solid investment property in an upward trending, gentrifying neighborhood. The possibilities are endless. First floor is Wheel Chair accessible. Property is being offered AS-IS and is priced to sell. Cash Buyers only. ALL reasonable offers will be considered. Also for sale is the building right next door, 5409 Market St. MLS # 6756547. Same CMX2 zoning and currently fully leased generating POSITIVE CASH FLOW. Check it out as well, Available individually or as a package deal. Come by, take a look, make an offer to add this one or both buildings to your rental portfolio.

Price History
10/5/2018 Listed $65,000

General Features

Accessibility Mobility Improvements
Construction Materials Brick, Masonry
County PHILADELPHIA
Electric Circuit Breakers
Exclusions Tenant's Furniture And Personal Belongings
Facing Direction South
Flooring Tile/Brick, Wood, Carpet
Location Type Urban
MLS Area 19139 (19139)
New Construction No
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 47.17
Property Type Commercial Sale
Real Estate Owned Y/N No
Roof Flat
Sewer Public Sewer
Subdivision Name WEST PHILADELPHIA
Tax Annual Amount 938.0
Tax Lot 130
Tax Year 2018
Vacation Rental Y/N No
Water Access Y/N No
Zoning CMX2

Interior Features

Central Air Y/N No
Hot Water Electric

Exterior Features

Fencing Y/n No
Inclusions Property Being Sold As-Is
Lot Dimensions 16X66
Lot Size Acres 0.02
Lot Size Square Feet 1048.00
Navigable Water Y/N No
Type of Parking None
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 19139

Price
AVG $110K
$70K
Taxes
AVG $1,072
$938
Visits
AVG 33
61
Year Built
AVG 1927
1925
Walkscore
AVG 89
93
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover