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5407 Market Street, Philadelphia, PA 19139

$65,000 Sale Pending

  • For Sale
  • Pending
  • Duplex
5407 Market Street, Philadelphia, PA 19139View this property at 5407 Market Street, Philadelphia, PA 19139
5407 Market StreetPhiladelphiaPA19139

Property Description

INVESTOR ALERT!!! Nice 2 story Duplex/Mixed Use building for sale near the 52nd St Shopping Corridor. Legally Zoned CMX2 Building on busy Market Street. It is just 2 blocks from the bustling 52nd & Market Street Shopping Corridor with heavy foot traffic passing by at all times of the day. It is super convenient to transportation(52nd St Market-Frankford Train) and there is plenty of parking in front of and around the building. Currently: First floor is leased to a Hair Salon that pays $750 monthly rent promptly. See pictures of salon and prior while vacant for a better view of full space. 2nd floor is a 2 BR apartment leased for $700. Currently generates $1,450 in rents per month. All electric utilities. Separately metered electric
service. Tenants pay their own electric. Landlord pays only water, taxes and insurance. This is a solid investment property in an upward trending, gentrifying neighborhood. For the right buyer this could be a great way to live rent free and have 1st floor store tenant rent pay your mortgage. The possibilities are endless. First floor is Wheel Chair accessible. Property is being offered AS-IS and is priced to sell. Cash Buyers only. ALL reasonable offers will be considered. Also for sale is the building right next door, 5409 Market St. MLS # 6756547. Same CMX2 zoning and currently fully leased generating POSITIVE CASH FLOW. Check it out as well, Available individually or as a package deal. Come by, take a look, make an offer to add this one or both buildings to your rental portfolio.

Full Property Details for 5407 Market Street

General

  • Price: $65,000
  • Taxes: $927 (2017)
  • Status: Pending
  • Type: Duplex
  • MLS ID: 1000427079
  • Updated: 2/7/2018
  • Added: 502 day(s) ago

Property History

  • 5407 Market Street, Philadelphia, PA
  • Listed at $65,000 on 10/10/16

Business

  • Includes: Land Only

Rooms

Bedrooms

  • Master Bedroom: Unspecified

Other Rooms

  • Laundry: None

Exterior

  • Exterior Features: Sidewalks, Street Lights

Parking

  • Parking Features: Street

Location

  • Area: 19139 (19139)
  • County: Philadelphia
  • Development Name: West Philadelphia
  • Subdivision: West Philadelphia
  • Cross Streets: 54Th St
  • Direction Faces: South

School Information

  • School District: The School District Of Philadelphia

Heating & Cooling

  • Cooling Type: Wall Unit
  • Heating Type: Electric
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Water/Sewer: 1212

Structural Information

  • Structure Type: Single Building
  • Construction: Stucco, Brick
  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Roof: Flat
  • Sq. Ft. Source: Assessor
  • Year Built: 1925
  • Year Built Source: Estimated
  • Property Condition: As-is Condition

Unit Information

  • Other Units: Unit 1, Unit 2

Unit 1

  • Unit Description: Unit 1
  • Total Bathrooms: 1

Unit 2

  • Unit Description: Unit 2
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.02
  • Lot Size (Sq. Ft.): 1,048
  • Lot Dimensions: 16 x 66
  • Zoning: CMX2

Financial Considerations

  • Tax w/Assessment: $66,200
  • Tax Amount: $927
  • Tax Year: 2017
  • Heat Included: Yes

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot: 130

Listed by Realty Xpress, Larry B Lichtman

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Schools

Schools serving 5407 Market Street

School District:
The School District Of Philadelphia
School Name
Grades
Distance
John Barry Elementary School
5900 Race St, Philadelphia, PA 19139
PK-8
0.6 mi
Sayre High School
5800 Walnut St, Philadelphia, PA 19139
9-12
0.5 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 5407 Market Street

5407 Market Street, Philadelphia, PA 19139 (MLS# 1000427079) is a Duplex property with 0 bedrooms and 0 full bathrooms. 5407 Market Street is currently listed for $65,000 and was received on October 10, 2016. Want to learn more about 5407 Market Street? Do you have questions about finding other Duplex real estate for sale in Haddington? You can browse all Haddington real estate or contact a Coldwell Banker agent to request more information.

Listed by Realty Xpress, Larry B Lichtman

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