Philadelphia, PA 19122,1946 N 5TH ST
Philadelphia, PA 19122,1946 N 5TH ST
Philadelphia, PA 19122,1946 N 5TH ST
50
$495,000
$524,900
5.7%
Est.Price: ?

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1,942 SqFt

1946 N 5TH ST Philadelphia, PA 19122

Est. payment /mo
SOLD DATE : 10/15/2024

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Key Details

Sold Price $495,000

Property Type Multi-Family

Sub Type End of Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,942 sqft

Price per Sqft $254

Subdivision South Kensington

MLS Listing ID PAPH2342552

Sold Date 10/15/24

Style Bi-level

Abv Grd Liv Area 1,942

Originating Board BRIGHT

Year Built 2023

Annual Tax Amount $3,451

Tax Year 2024

Lot Size 1,200 Sqft

Acres 0.03

Lot Dimensions 16.00 x 79.00

Property Description

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.

Location

State PA

County Philadelphia

Area 19122 (19122)

Zoning RSA5

Rooms

Basement Full

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

Architectural Style Bi-level

Additional Building Above Grade, Below Grade

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Tax ID 183419100

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Lucas O Pfaff • Keller Williams Main Line
Bought with Ben Hooson-Jones • KW Empower

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agent

Hailey Helton

+1(703) 919-4664

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