$249,000 $1,337 est/mo Sourced by Back At You

2851 N 5th St,Philadelphia, PA 19133

Philadelphia PA, 19133

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Description

Incredible investment opportunity awaits you on the shopping corridor of 5th street in the "Golden Mile" or "Bloque de Oro" location. This Mixed Use property runs street to street and includes a rear lot at 2854 N Orkney St. This lot is currently fenc-ed in to allow for secure 2 car parking and loading/unloading of merchandise through the rear entrance. The property offers a retail space on the 1st floor and a spacious 4 bedroom 1 bath apartment on the 2nd and 3rd floor with separate entrances and separate utilities. Both units are currently occupied by the same tenant under a 6-year remaining triple net lease, collectively earning $2,320 per month with a 3% annual increase.

Details

MLS#PAPH2336812
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1920
Days On Site42
Listing Provided ByKeller Williams Real Estate-Blue Bell | Sharyn Soliman

Features

ZoningCMX25
Acreage0.02

Market Activity 19133

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Learn More About This Property

StatePA
CountyPhiladelphia
CityPhiladelphia
Zip Code19133
Area19133
School DistrictPhiladelphia City
Listing VS Median (in 19133)
Price:
$249,000
low | high
Med:
$109,700
100% of Average
On Site:
42
low | high
Med:
103.000000
40.776699029126% of Average
Sourced by Back At You
Listing Updated: May 18, 2024 at 8:29:23 AM PDT
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