1238 N 5TH ST, PHILADELPHIA, PA 19122 (MLS # 7102162)

Price $1,299,900
Status Active
Beds 0
Baths 0 bath
Home size 5,677 sq ft
Lot Size 1,306 sqft
An unmatched opportunity to invest in a Four Unit Multi Family/Mixed Used Building in an area that keeps on growing! With a tremendous score of 92 for walkability, 79 for Transit and 73 for biking and within minutes of Northern Liberties, Fishtown and Center City this is the perfect location for the savvy investor or owner occupant. Rents are modestly projected at 90,000/yr giving its future owner a close to 7 cap rate with a 10 year Tax Abatement. Four impeccably appointed units with separate utilities, gas cooking and heating, central air, upgraded lighting and finishes, as well as outdoor spaces for each unit. Each unit features stunning java finish hardwood floors throughout and a jaw-dropping kitchen with polished granite counters, stainless steel oversize subway back splash, goose-neck faucet with under-mount sink, flat panel style cabinetry, and tons of natural light. Unit 1R: Three Levels, 3 Bedrooms, Entertainment Room, 2 Full Bathrooms, Kitchen, Living/Dining Room, Laundry, Back Yard, Separate storage area in basement a total of approximately 1,550 square feet. Unit 1F: Two Levels, 2 Bedrooms, 2 Full Bathrooms, Kitchen, Living/Dining Room, Juliet Balcony, Laundry, Separate storage area in basement a total of approximately 1,170 square feet. Unit 3R: Two Levels, 2 Bedrooms, 1 Full Bathroom, Kitchen, Living/Dining Room, Full Deck off Main Level, Laundry, Separate storage area in basement a total of approximately 1,100 square feet. Unit 3F: Two Levels, 2 Bedrooms, 1 Full Bathroom, Kitchen, Living/Dining Room, Two Juliet Balconies, Laundry, Separate storage area in basement a total of approximately 1,300 square feet. (Please note that the building is currently under construction and a tour can be scheduled with proper notice, the completion date is estimated to be on 4/15/2018).
Property Type(s): Multi Family
Last Updated 1/8/2018 Tract NORTHERN LIBERTIES
Year Built 2018 Community 19122 (19122)
County PHILADELPHIA

SCHOOLS

School District Philadelphia

Additional Details

AIR Central A/C
AIR CONDITIONING Yes
AREA 19122 (19122)
BASEMENT BsmtDrainSys, Full, Partial Finished, Yes
CONSTRUCTION Brick, Vinyl Siding
EXTERIOR Sidewalks, StreetLights
GARAGE NoGarage
HEAT Forced Air, Gas
INTERIOR CableTVAvail, Store/Office
LOT 1307 sq ft
LOT DIMENSIONS 18X74
POOL DESCRIPTION N
SEWER Public Sewer
STYLE Quadplex, Stor&Res
SUBDIVISION NORTHERN LIBERTIES
TAXES 204.0
UTILITIES Public; Public Sewer;
WATER Public
WATERFRONT DESCRIPTION N

Location

 

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Listing with: Giraldo Real Estate Group

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Data last updated: 1/21/18 2:02 PM PST.

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