Investments Sales Management

5900 MARKET STREET

PHILADELPHIA , PA 19139

MLS#: PAPH2519018

$550,000

Status: Active
Listing number: PAPH2519018
Listing provided by: Select Commercial Advisors
Listing agent phone: None
Last update: 10 days ago
Browse Properties
HADDINGTON - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1915

Sq.Footage

N/A

Turnkey multifamily investment opportunity in West Philadelphia: corner mixed-use building with 5 residential units plus 1 commercial space, fully-occupied with an in-place 9% cap rate! Fully-renovated in 2022. Located at the intersection of 59th Street and Market Street, just 1 block from the 60th Street stop on the MFL, this well-maintained asset provides both immediate cash-flow and future upside as the surrounding neighborhood continues it's growth trajectory. Comprised of six total units: one commercial space, two studios, two one-bedroom apartments, and one two-bedroom apartments. Generating $5,877 per month in rents ($70,524 annually). Local amenities include: Cobbs Creek Golf Course: "an industry leading restoration project that includes a multitude of golf and community amenities"; Restaurants: Aku's Kitchen, Liberty Halal Gyro, Yock's Sandwich-Ville USA; Schools: Barry Community John School, Sanctuary Christian Academy, William L Sayre Middle School; Grocery Stores: Market at University Square, African Expressions, The Fresh Grocer; Parks & Rec: Haddington Park, Haddington Recreation Center, Cobbs Creek. Offering memorandum available upon request. See virtual tour link for videos of interior.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Electric

  • Heating YN

    YES

  • Heating

    Electric, Baseboard

Exterior

  • Garage

    No

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

  • View

    City, Street

Area & Lot

  • Lot Features

    Corner Lot, Back Yard

  • Lot Size(acres)

    0.03

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $550,000

  • Tax Amount

    3042.0

  • Zoning

    Multifamily mixed-use: 6 units

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Public Sewer

  • Tax Lot

    120

  • Water Source

    Public

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Location

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PHILADELPHIA

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Listing Courtesy of Samantha Lee Miller , Select Commercial Advisors

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Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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Turnkey multifamily investment opportunity in West Philadelphia: corner mixed-use building with 5 residential units plus 1 commercial space, fully-occupied with an in-place 9% cap rate! Fully-renovated in 2022. Located at the intersection of 59th Street and Market Street, just 1 block from the 60th Street stop on the MFL, this well-maintained asset provides both immediate cash-flow and future upside as the surrounding neighborhood continues it's growth trajectory. Comprised of six total units: one commercial space, two studios, two one-bedroom apartments, and one two-bedroom apartments. Generating $5,877 per month in rents ($70,524 annually). Local amenities include: Cobbs Creek Golf Course: "an industry leading restoration project that includes a multitude of golf and community amenities"; Restaurants: Aku's Kitchen, Liberty Halal Gyro, Yock's Sandwich-Ville USA; Schools: Barry Community John School, Sanctuary Christian Academy, William L Sayre Middle School; Grocery Stores: Market at University Square, African Expressions, The Fresh Grocer; Parks & Rec: Haddington Park, Haddington Recreation Center, Cobbs Creek. Offering memorandum available upon request. See virtual tour link for videos of interior.

5900 MARKET STREET

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