5853 Market St, Philadelphia, PA 19139
- $797,000
- List Price
- $797,000
- Price Change
- ▼ $50,000 1787020047
- Days on Market
- 308
- Status
- ACTIVE
- MLS#
- PAPH2557106
- Lot Size (Acres)
- 0.04
- Year Built
- 1920
- County
- Philadelphia
- School District
- Philadelphia City
Property Description
Exceptional opportunity to acquire a robust mixed use property strategically positioned on a highly visible busy corner street. This property has the potential to offer immediate diversified cash flow and stability with a dynamic blend of commercial and residential units. The first floor features and expansive commercial space, ideal for retail or professional services, benefiting from significant foot and vehicle traffic. The upper floors comprise 4 desirable residential units: 2 spacious studio apartments and 2 comfortable 1 bedroom apartments. These studio apartments rent for $650 each + utilities, the two 1 bedroom apartments rent for $850 and $950. The electric is separate in the building, the owner pays for the water, and the commercial space offers central a/c unit. All leases are month to month, one of the one bedroom apartments is rented to a family member with no rent.
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Additional Information
- Area
- 19139 (19139)
- Taxes
- $3344
- School District
- Philadelphia City
- Heating
- Baseboard - Electric
- Heating Fuel
- Electric
- Cooling
- Central A/C
- Water
- Public
- Sewer
- No Septic System
Mortgage Calculator
Listing courtesy of Mango & August Inc. Contact: 2157271565