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2131 S 5TH ST Philadelphia, PA 19148
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Key Details
Sold Price $370,000
Property Type Multi-Family
Sub Type Interior Row/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,280 sqft
Price per Sqft $289
Subdivision Whitman
MLS Listing ID PAPH2275890
Sold Date 12/04/23
Style Straight Thru
Abv Grd Liv Area 1,280
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $4,448
Tax Year 2022
Lot Size 992 Sqft
Acres 0.02
Lot Dimensions 16.00 x 62.00
Property Description
One of the best values for a multi-unit of this caliber in South Philadelphia! TURN-KEY income producing DUPLEX available for savvy investor or owner-occupant! This property was fully renovated top-to-bottom in 2016. The current owner has meticulously maintained the property and is proud to offer a virtually maintenance-free investment to the next lucky owner. Located in Whitman, a rapidly growing area walking distance to Mifflin Square Park, convenient shopping centers, and an array of eclectic local cuisine. Just minutes from I-95 and public transport routes. Building features include high ceilings, hardwood floors, open concept living areas, modern kitchens with quartz countertops and stainless steel appliances, beautifully tiled bathrooms, in-unit laundry, and central air. A shared entrance hallway leads to both unit doors. Unit 1 on the first floor has 1-bedroom, 1-bathroom, spacious private yard, and private basement storage. Unit 2 is a second floor walk up with 2-bedrooms and 1-bathroom. Both units are currently tenant occupied with long-term tenants in good standing. Attached is a pro forma showing current actual vs. potential income, expenses, and cap rates. Owner has 2 active rental licenses on file with the City. Don't let this wonderful opportunity slip away. View our 3D virtual walk-thru and contact an agent today!
Location
State PA
County Philadelphia
Area 19148 (19148)
Zoning RSA5
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Hardwood
Fireplace N
Heat Source Natural Gas
Exterior
Waterfront N
Water Access N
Accessibility None
Garage N
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Straight Thru
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District The School District Of Philadelphia
Others
Tax ID 392276300
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Tabitha Star Heit • BHHS Fox & Roach-Blue Bell