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2851 N 5TH Street

PHILADELPHIA, PA 19133
  • $310,000
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: PAPH2321474
UPDATED: 54 min ago
$310,000
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:

School Ratings & Info

School District:

Description

"Uncover a strategic investment gem at 2851 N 5th, 19133, Philadelphia. This commercial mixed-use property provides versatile spaces for retail or residential use, along with a compelling income opportunity. Both units are under a 7-year remaining triple net lease, collectively earning $2,320 per month with a 3% annual increase. This triple net lease ensures stability and potentially favorable returns. Secure this investment to diversify your portfolio with a property that promises consistent and growing rental income for years to come."

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-25T12:52:08.797.
www.locomusings.com/homes/147556310
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2851 N 5TH Street PHILADELPHIA, PA 19133

  • Price: $310,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 54 min ago
  • ID#: PAPH2321474
0
Beds
0
Baths
0
½ Baths
0.02
Acres
1920
Built
Neighborhood:
19133 (19133)
County:
Philadelphia
Area:
19133 (19133)
School District:
Philadelphia City
Property Description
"Uncover a strategic investment gem at 2851 N 5th, 19133, Philadelphia. This commercial mixed-use property provides versatile spaces for retail or residential use, along with a compelling income opportunity. Both units are under a 7-year remaining triple net lease, collectively earning $2,320 per month with a 3% annual increase. This triple net lease ensures stability and potentially favorable returns. Secure this investment to diversify your portfolio with a property that promises consistent and growing rental income for years to come."
Exterior Features

Construction Materials Masonry Garage YN No Parking Types Off SiteOn Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2208.00 Cooling None Heating Radiator Heating YN Yes Net Square Feet 2202.00

Property Features

Accessibility Features None Assessment Year 2023 Business Type Other Central Air YN No Cooling Fuel None Heating Fuel Natural Gas Hot Water Natural Gas Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Total 3 Original MLSNumber 802862658610 Ownership Interest Fee Simple Possession Immediate Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 1577.00 Tax Assessment Amount 112700.00 Tax Lot 244 Vacation Rental YN No Water Source Public Zoning CMX25

Listing courtesy of Honest Real Estate: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or LoCoMusings | Century 21 Redwood Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-25T12:52:08.797.
 
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