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$ 797,000
Est. payment /mo
Price Dropped by $50K
5853 MARKET ST Philadelphia, PA 19139
1,600 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Lot Size 1,600 Sqft
MLS Listing ID PAPH2557106
Total Units 5
Short Sale No
Originating MLS BRIGHT
Property Description
Exceptional opportunity to acquire a robust mixed use property strategically positioned on a highly visible busy corner street. This property has the potential to offer immediate diversified cash flow and stability with a dynamic blend of commercial and residential units. The first floor features and expansive commercial space, ideal for retail or professional services, benefiting from significant foot and vehicle traffic. The upper floors comprise 4 desirable residential units: 2 spacious studio apartments and 2 comfortable 1 bedroom apartments. These studio apartments rent for $650 each + utilities, the two 1 bedroom apartments rent for $850 and $950. The electric is separate in the building, the owner pays for the water, and the commercial space offers central a/c unit. All leases are month to month, one of the one bedroom apartments is rented to a family member with no rent.
Location
State PA
County Philadelphia
Area 19139 (19139)
Zoning CMX2
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling Central A/C
Heat Source Electric
1-purchase type For Sale
Exterior
Waterfront N
Water Access N
Accessibility None
Parking Type On Street
Building
New Construction N
Lot Dimensions 20.00 x 80.00
Sewer No Septic System
Water Public
Schools
School District Philadelphia City
Others
Tax Amount $3,344
Tax Year 2025
Tax ID 871054000
Ownership Fee Simple
Special Sale Standard
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Listed by Marisa Mango • Mango & August Inc