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5900 Market Street,  Philadelphia PA, 19139

(Active)
$575,000
|
3,520 sqft
|
MLS# PAPH2344430
Last Updated: 5/2/2024 9:04 PM
Description for 5900 Market Street Philadelphia, PA 19139
Here presented to you is a rare corner mixed use multi-family turnkey investment opportunity in West Philadelphia. Discover the epitome of urban living at this prime corner location at Market and 59th St. This meticulously maintained property presents an amazing opportunity for investors seeking a lucrative addition to their portfolio. The property has six total units made up of one commercial unit, two studios, two one-bed one bath apartments, and one two bed one bath apartment. All units are currently rented out.The ground floor unit offers an ideal space for commercial endeavors, perfectly positioned to capitalize on the vibrant foot traffic in the area. With its strategic location, this commercial space promises unparalleled visibility and exposure for businesses of all kinds.Above the commercial space, five thoughtfully designed apartments await, each bathed in ample natural light that streams through expansive windows. These inviting living spaces are adorned with modern amenities, including ceiling fans, tiled bathrooms, and updated appliances, ensuring comfort and convenience for residents. The property gross is $5,602.17/month and $67,226.04/year. The tenants are responsible for the electricity.Parking is a breeze with abundant street parking available, while close proximity to public transportation hubs, amenities, and major roadways further enhances accessibility. Whether by car, train, or bus, reaching this bustling commercial corridor is effortless, making it an attractive destination for both residents and businesses alike.With a Walk Score of 82, the majority of daily tasks can be easily completed without relying on a car. A Transit Score of 70 indicates that public transportation is conveniently accessible for most journeys, while a Bike Score of 88 highlights the abundance of biking infrastructure in the area.Close by, you'll find a variety of dining options including Aku's Kitchen, Liberty Halal Gyro, and Yock's Sandwich-Ville USA, among others.Families will appreciate the proximity to several schools such as Barry Community John School, Sanctuary Christian Academy, and William L Sayre Middle School.For groceries, residents have easy access to Market at University Square, African Expressions, and The Fresh Grocer.Outdoor enthusiasts can enjoy nearby parks like Haddington Park, Haddington Recreation Center, and Cobbs Creek.Don't miss your chance to secure this prime investment in one of the city's most sought-after locations. Seize the opportunity to capitalize on the thriving market and unlock the full potential of this remarkable property. Schedule a viewing today and envision the endless possibilities that await at Market and 59th St.
Price
$575,000
HADDINGTON
PHILADELPHIA
3,520 (approx)
PAPH2344430
Active
Description
Here presented to you is a rare corner mixed use multi-family turnkey investment opportunity in West Philadelphia. Discover the epitome of urban living at this prime corner location at Market and 59th St. This meticulously maintained property presents an amazing opportunity for investors seeking a lucrative addition to their portfolio. The property has six total units made up of one commercial unit, two studios, two one-bed one bath apartments, and one two bed one bath apartment. All units are currently rented out.The ground floor unit offers an ideal space for commercial endeavors, perfectly positioned to capitalize on the vibrant foot traffic in the area. With its strategic location, this commercial space promises unparalleled visibility and exposure for businesses of all kinds.Above the commercial space, five thoughtfully designed apartments await, each bathed in ample natural light that streams through expansive windows. These inviting living spaces are adorned with modern amenities, including ceiling fans, tiled bathrooms, and updated appliances, ensuring comfort and convenience for residents. The property gross is $5,602.17/month and $67,226.04/year. The tenants are responsible for the electricity.Parking is a breeze with abundant street parking available, while close proximity to public transportation hubs, amenities, and major roadways further enhances accessibility. Whether by car, train, or bus, reaching this bustling commercial corridor is effortless, making it an attractive destination for both residents and businesses alike.With a Walk Score of 82, the majority of daily tasks can be easily completed without relying on a car. A Transit Score of 70 indicates that public transportation is conveniently accessible for most journeys, while a Bike Score of 88 highlights the abundance of biking infrastructure in the area.Close by, you'll find a variety of dining options including Aku's Kitchen, Liberty Halal Gyro, and Yock's Sandwich-Ville USA, among others.Families will appreciate the proximity to several schools such as Barry Community John School, Sanctuary Christian Academy, and William L Sayre Middle School.For groceries, residents have easy access to Market at University Square, African Expressions, and The Fresh Grocer.Outdoor enthusiasts can enjoy nearby parks like Haddington Park, Haddington Recreation Center, and Cobbs Creek.Don't miss your chance to secure this prime investment in one of the city's most sought-after locations. Seize the opportunity to capitalize on the thriving market and unlock the full potential of this remarkable property. Schedule a viewing today and envision the endless possibilities that await at Market and 59th St.
Listing Information
Property Type: Mixed Use, Business Opportunities, Other
0.03 Acres 3,520 (approx) 1915
HADDINGTON
Public
Public Sewer
6 Total
Neighborhood
Room Information
Interior Features
Electric Water Heater
Wood
Ceiling Fan(s)
Electric Heating, Baseboard
Exterior / Lot Features
On Street
City
16.00 x 84.00
Corner Lot
Driving Directions
Coming from the north side of N 59th St go straight, the property is at the Southwest corner of Market St and 59th St.
Financial Considerations
871048300
$1,872
Listing Price History

Philadelphia Real Estate

Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania 19139 has a population of 1,615,184.

The median household income in Philadelphia, Pennsylvania 19139 is $33,430. 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 19139 is 37 years.

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Courtesy: RE/MAX @ HOME
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 5/2/2024 9:04 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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