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2851 N 5th Street,  Philadelphia PA, 19133

(Active)
$249,000
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MLS# PAPH2336812
Last Updated: 5/1/2024 8:49 PM
Description for 2851 N 5th Street Philadelphia, PA 19133
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.
Price
$249,000
PHILADELPHIA
PAPH2336812
Active
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.
Listing Information
Property Type: Mixed Use, Business Opportunities, Other
0.02 Acres 1920
Public
Public Sewer
2 Total
Neighborhood
Room Information
Interior Features
Gas Heat
Exterior / Lot Features
On Street
18.00 x 58.00
Driving Directions
Use GPS
Financial Considerations
871101300
$1,577
Listing Price History

Philadelphia Real Estate

Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania 19133 has a population of 1,615,184.

The median household income in Philadelphia, Pennsylvania 19133 is $21,975. The median household income for the surrounding county is $50,724 compared to the national median of $66,222. The median age of people living in Philadelphia 19133 is 37 years.

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Courtesy: Keller Williams Real Estate-Blue Bell
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/1/2024 8:49 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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