Date
Details
Price
Change
Source
2/25/2026
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$525,000 Coming Soon
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Property Description
1206 N 5th Street is a fully occupied, income-producing 4-unit mixed-use building in the heart of the thriving Northern Liberties/Olde Kensington corridor, featuring 1 commercial storefront, 1 studio apartment, and 2 one-bedroom units, plus a shared outdoor space and basement with common laundry. All utilities are separately metered, except water and those powering the laundry, helping to control operating expenses. The property offers a strong 9% cap rate, so you generate income on day one. All leases are currently month-to-month, providing flexibility to renovate and increase rents as units turn over or to pursue owner-occupancy if desired. The residential units offer enormous ceilings and excellent natural light, and the commercial space features a traditional storefront facade without the burden of a historical designation. Lead-Safe Certificates for all three residential units, Rental License, Fire Alarm Certificate, and leases will be provided upon successful offer for the Buyer's review. Located just steps from Girard Avenue and a few blocks from the shops and restaurants at the Piazza and along Frankford Avenue and Front Street. Convenient access to the Market-Frankford Line for an easy commute to Center City and beyond, this high-visibility location continues to attract entrepreneurs and renters alike, making it an exceptional opportunity for investors seeking immediate cash flow with long-term upside.
Full Property Details
Full Property Details for 1206 N 5th St
General
- Price: $525,000
- Taxes: $4,774 (2026)
- Status: Coming Soon
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PAPH2586360
- Updated: 2/25/2026
- Added to Site: 1 day(s) ago
- Expected Market Date: 3/6/2026
Rental Information
- Lease Info: Month to Month
Interior
- Flooring: Wood, Ceramic Tile
Parking
- Parking Type: On Street
Location
- Area: 19122 (19122)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: NORTHERN LIBERTIES
- Cross Streets: Girard Ave
- Driving Directions: North on 5th Street, between Girard Ave and Thompson Street.
School Information
- School District: The School District Of Philadelphia
- Elementary School: James R. Ludlow
- Middle School: James R. Ludlow
- High School: Penn Treaty
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Hot Water, Radiator
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Masonry
- Foundation: Stone
- Square Feet: 2,715
- Sq. Ft. Source: Assessor
- Living Area: 2,715 Sq. Ft.
- Finished Above Grnd: 2,715 Sq. Ft.
- Year Built: 1915
- Year Built Source: Assessor
- Property Condition: Average
Unit Information
- Other Units: Unit 1, Unit 1, Unit 2, Unit 3
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,338
- Lot Size Source: Assessor
- Lot Dimensions: 17.00 x 78.00
- Zoning: CMX2
Financial Considerations
- Price Per Sq. Ft.: $193.37
- Assessment Year: 2026
- School Tax: $2,673
- City/TownTax: $2,100
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $341,100
- Tax Amount: $4,774
- Tax Year: 2026
- Owner Pays: Water
- Tax Total Finished Sq. Ft.: 2715
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: Refrigerators, washer, dryer
- Lot Number: 36
Listed by KW Empower, Stacy L Sanseverino
We Value Your Privacy
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Listing agent
— 1206 N 5th St —
Stacy L Sanseverino
KW Empower
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1206 N 5th St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Ludlow James R School 550 Master Street, Philadelphia, PA 19122 | K-8 | 0.1 mi |
Penn Treaty Middle School 600 East Thompson Street, Philadelphia, PA 19125 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1206 N 5th St
Tax History
Tax History for 1206 N 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,775
—
$341,100
—
2024
$4,775
34%
$341,100
100%
2021
$3,558
-20%
-100%
2023
$4,436
25%
$316,900
25%
2020
$3,558
1%
$254,200
1%
2019
$3,523
-5%
$251,700
-5%
2018
$3,698
95%
$264,200
95%
2017
$1,901
—
$135,800
—
2016
$1,901
4%
$135,800
—
2015
$1,820
—
$135,800
—
2014
$1,820
-3%
$135,800
607%
2013
$1,876
—
$19,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1206 N 5th St
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- Townhouse
- Active
- Updated 6 days ago
- 4Beds
- 1Total Bath
- 1,388Sq. Ft.
1206 N 5th Street, Philadelphia, PA 19122 (MLS# PAPH2586360) is a Townhouse property with 0 bedrooms and 0 full bathrooms. 1206 N 5th Street is currently listed for $525,000 and was received on February 25, 2026. Want to learn more about 1206 N 5th Street? Do you have questions about finding other Townhouse real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.