1946 N 5Th Street Philadelphia, PA $ 549,500
1946 N 5Th Street
$ 549,500
New Construction
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1946 N 5Th Street

Philadelphia, PA, 19122
$ 549,500
Bedrooms4 Baths0.0

Monthly Estimate*

$ 3,838

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Multi-Family Home for sale in Philadelphia, PA

for $549,500 with 4 bedrooms. This home was built in 2023 on a lot size of 0.03.

Welcome to an exceptional investment opportunity at 1946 N 5th Street. This meticulously renovated multi-family duplex is perfect for an owner-occupant looking to house hack or an investor looking to add to their portfolio. The property features THREE sources for cash flow. There is a 1-bed/1-bath unit on the first floor, a 3-bed/2-bath unit on the second floor, and last but not least, the rear yard is leased for storage. The total combined rental income is $3,950 per month. Additionally, the basement is currently being used by the Landlord/Owner; continue to use it this way or possibly rent it out as storage to create additional income. The property benefits from the modern comforts of central air, all new stainless appliances, sleek design, and other modern amenities. Don't let this opportunity slip away; take advantage of this investment opportunity located in the South Kensington neighborhood. Whether you're an experienced investor or just entering the market, grasp this chance to acquire a profitable asset and schedule your showing today! Soon to be available 2055 N Franklin St is a similar duplex that can also be packaged with this property for a total of five (5) units. Both properties are certified lead free and have rental licenses in place for a truly turn key purchase.

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Multi-Family Active

Price

$ 549,500

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 3,451

Style

Bi-level

Lot Size

0.03

Year Built

2023

Town/City

Philadelphia

County/Region

Philadelphia

MLS | Web ID

PAPH2342552

Features
Interior
Heating Fuel Natural Gas
Basement Full
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix STREET
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Settlement
Zoning RSA5
Architectural Style Bi-level
Construction Materials Masonry
Year Built 2023
Property SubType Duplex
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality PHILADELPHIA
Accessibility None
County PHILADELPHIA
New Construction Y
Property Type Multi-Family
Subdivision Name SOUTH KENSINGTON
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Google maps
City PHILADELPHIA
Buyer Agent Compensation 2.5
Total Units 3
MLS Area 19122 (19122)
Lot Size Square Feet 1200.00
Waterfront Y/N N
Number of Units Leased 3
Street Name 5TH
Tax Annual Amount 3451.0
Property Condition Excellent
Two Bedroom 0
Structure Type End of Row/Townhouse
Price Per Sq Ft Total 282.96
Construction Completed Y/N Y
Vacation Rental Y/N N
Days on Market 32
Lease Type Gross Ground Lease
Standard Status Active
Year Built Source Estimated
Tax Lot 65
Total Actual Rent 47400.00
Cap Rate 8.50
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Pool No Pool
Water Source Public
Inclusions All appliances
Type of Parking On Street
Foundation Details Brick/Mortar
Water View Y/N N
Lot Dimensions 16.00 x 79.00
Lot Size Acres 0.03
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 49320.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1946
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* Excluded Features
List By
Keller Williams Main Line

Broker

lucaspfaff@gmail.com

Email

Affordability Calculator

$4,126
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,838
Monthly Property Taxes
$288
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
3533249 Elementary School
3533189 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2024$549,500 Listed Price

Map


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1946 N 5Th Street, Philadelphia, PA, 19122 is a Multi-Family Home for sale at $549,500 with a lot size of 0.03. 1946 N 5Th Street has 4 bedrooms, 0.0 baths, and was built in 2023. The property's zip code is 19122 which is in Philadelphia, PA