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$1,014,900
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Property Description
A Rare Opportunity to own your own Bar/Restaurant/Take-Out Business in Booming Olde Kensington! Turn Key operation includes building, business, liquor license, inventory and all equipment/appliances owned by seller! 1st. floor features front and side entrances, updated bar/billiard area with plenty of seating, 2 restrooms, small kitchen prep area, central air/heat, full basement with inside and outside entrances. 2nd floor has 1 studio apt. and 1-one bedroom apartment, 3rd floor is large 1 bedroom apartment, all are in move-in condition with separate inside/outside entrances. Everything is electric with separate meters. The property is well kept and shows well! Qualified buyers/agents with proof of funds should set up their appointment today!
Full Property Details
Full Property Details for 1601 N 5th St
General
- Price: $1,014,900
- Taxes: $2,869 (2022)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAPH2332098
- Updated: 12/21/2025
- Added to Site: 674 day(s) ago
Business
- Business Type: Restaurant/Bar, Apartment Building
Parking
- Parking Type: On Street
Location
- Area: 19122 (19122)
- Municipality: PHILADELPHIA
- County: PHILADELPHIA
- Subdivision: OLDE KENSINGTON
- Cross Streets: Oxford St.
- Driving Directions: Use GPS. N.E. Corner of N. 5th st. and W. Oxford Sts.
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Masonry
- Year Built: 1940
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,182
- Lot Size Source: Assessor
- Lot Dimensions: 17.00 x 70.00
- Zoning: CMX2
Financial Considerations
- Assessment Year: 2023
- School Tax: $1,574
- City/TownTax: $1,294
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $205,000
- Tax Amount: $2,869
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: All equipment owned by vendors.
- Inclusions: Building, Business, Liquor License, Inventory, all equipment and appliances owned by seller in as-is condition.
- Lot Number: 31
Listed by Realty Mark Associates, Roberto F Neris
Get Pre-Approved Today
Schools
Schools serving 1601 N 5th St
School District:Philadelphia City School District
| Name | Grades | Distance |
|---|---|---|
Ludlow James R School 550 Master Street, Philadelphia, PA 19122 | K-8 | 0.3 mi |
Penn Treaty Middle School 600 East Thompson Street, Philadelphia, PA 19125 | 9-12 | 0.9 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 1601 N 5th St
Date
Details
Price
Change
Source
12/21/2025
Price Reduced
$1,014,900
-0.49%
MLS
11/13/2025
Price Reduced
$1,019,900
-0.5%
MLS
8/23/2025
Price Reduced
$1,025,000
-2.38%
MLS
5/01/2025
Price Reduced
$1,050,000
-4.55%
MLS
4/07/2025
Price Reduced
$1,100,000
-4.35%
MLS
3/07/2025
Price Reduced
$1,150,000
-3.36%
MLS
2/12/2025
Price Reduced
$1,190,000
-4.03%
MLS
12/12/2024
Price Reduced
$1,240,000
-0.4%
MLS
10/05/2024
Price Reduced
$1,245,000
-0.4%
MLS
6/27/2024
Price Reduced
$1,250,000
-3.85%
MLS
3/16/2024
Listed
$1,299,999
3150%
MLS
10/21/2005
Sold
$40,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1601 N 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,288
—
$234,900
—
2024
$3,288
15%
$234,900
15%
2023
$2,870
50%
$205,000
100%
2022
$1,919
—
-100%
2020
$1,919
1%
$137,100
1%
2019
$1,901
6%
$135,800
6%
2018
$1,796
-33%
$128,300
-33%
2017
$2,665
—
$190,400
—
2016
$2,665
4%
$190,400
—
2015
$2,551
—
$190,400
—
2014
$2,551
300%
$190,400
2817%
2013
$638
—
$6,528
—
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 1601 N 5th St
1601 N 5th Street, Philadelphia, PA 19122 (MLS# PAPH2332098) is a Apartment property. 1601 N 5th Street is currently listed for $1,014,900 and was received on March 16, 2024. Want to learn more about 1601 N 5th Street? Do you have questions about finding other Apartment real estate for sale in Philadelphia? You can browse all Philadelphia real estate or contact a Coldwell Banker agent to request more information.

