Views
Address
5407 Market Street Philadelphia, PA
Price
$ 65,000
Property Attributes
  • MLS#1000427079
  • TypePending
  • CountyPHILADELPHIA
  • CityPhiladelphia
  • Area19139
  • NeighborhoodWEST PHILADELPHIA
  • Zip19139
  • Style
  • Year Built1925
  • Taxes938
  • Price$ 65,000
  • Bedrooms2
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size871 SqFt
Listing Provided Courtesy Of:
Realty Xpress
Property Description

INVESTOR ALERT!!! Nice 2 story Duplex/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 Train) and there is plenty of parking in front of and around the building. Currently: First floor is leased to a Hair Salon that pays $750 monthly rent promptly. 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. 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. For the right buyer this could be a great way to live rent free and have 1st floor store tenant rent pay your mortgage. 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
Architectural Style Other
Construction Materials Stucco, Brick
Cooling Wall Unit
County PHILADELPHIA
Electric Expense 0.00
Exterior Features Sidewalks, Street Lights
Facing Direction South
Garage Y/N No
Heating Electric
High School District THE SCHOOL DISTRICT OF PHILADELPHIA
MLS Area 19139 (19139)
New Construction No
Other Structures Above Grade
Other Units Unit 1, Unit 2
Ownership Fee Simple
Parking Features Street
Possession Immediate
Price Per Sq Ft 47.17
Property Attached Y/N Yes
Property SubType Duplex
Property Type Multi-Family
Real Estate Owned Y/N No
Roof Flat
Sewer Public Sewer
Structure Type Detached
Subdivision Name WEST PHILADELPHIA
Tax Annual Amount 938.0
Tax Lot 130
Tax Year 2018
Two Bedroom 1
Vacation Rental Y/N No
Water Access Y/N No
Zoning CMX2

Interior Features

Air Conditioning Y/N Yes
Basement Full, Unfinished
Basement Y/N Yes
Central Air Y/N No
Fireplace Y/N No
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric
Laundry Type None
Living Area 1378

Exterior Features

Lot Dimensions 16X66
Lot Size Acres 0.02
Lot Size Square Feet 1048.00
Navigable Water Y/N No
Pool Y/N No Pool
Type of Parking On Street
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Room Details

Room Dimensions Level Flooring Details
Primary Bedroom Unspecified

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • 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 $130K
$70K
Taxes
AVG $1,129
$938
Visits
AVG 40
111
Year Built
AVG 1927
1925
Walkscore
AVG 87
93
Data Provided by Walkscore ® not using MLS data

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