Philadelphia, PA 19122,1501 N 5TH ST
Philadelphia, PA 19122,1501 N 5TH ST
Philadelphia, PA 19122,1501 N 5TH ST
Philadelphia, PA 19122,1501 N 5TH ST
Philadelphia, PA 19122,1501 N 5TH ST
Philadelphia, PA 19122,1501 N 5TH ST
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$1,500,000

$1,500,000

Est.Price: ?

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Est. payment /mo

5,528 SqFt


SOLD DATE : 04/13/2022

Key Details

Sold Price $1,500,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 5,528 sqft

Price per Sqft $271

Subdivision Olde Kensington

MLS Listing ID PAPH2036596

Sold Date 04/13/22

Originating Board BRIGHT

Year Built 2021

Annual Tax Amount $174

Tax Year 2021

Lot Size 1,297 Sqft

Acres 0.03

Lot Dimensions 20.00 x 64.83

Property Description

Amazing opportunity to buy a maintenance free multi-unit building in a still appreciating area. This property comes with a 10 YEAR Tax Abatement Approved, 5 units, 2 parking spaces and plenty of upside.
Each unit has been designed with space, comfort and style in mind, thus creating a great living experience for the future residents of this locale. As describe in the unit count, this piece of property is comprise of (2) Two Bedroom units, (2) Loft style with mezzanine units and a studio unit. They all have top of the line finishes featuring quartz counter tops, shaker style cabinets, natural oak floors, energy efficient windows and mechanicals, as well as all that the 2009 building code has added for safety and efficiency.
Property to be finished by the mid November.

Location

State PA

County Philadelphia

Area 19122 (19122)

Zoning I2

Interior

Hot Water Electric

Cooling Central A/C

Flooring Engineered Wood, Ceramic Tile

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Utilities Available Natural Gas Available, Phone Available, Sewer Available, Water Available, Cable TV

Waterfront N

Water Access N

Roof Type Fiberglass

Accessibility Other

Parking Type On Street

Total Parking Spaces 2

Garage N

Building

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction Y

Schools

School District The School District Of Philadelphia

Others

Tax ID 182270600

Ownership Fee Simple

SqFt Source Assessor

Security Features Fire Detection System,Sprinkler System - Indoor,Smoke Detector

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Carlos A Giraldo • Giraldo Real Estate Group
Bought with Kimberly Cassidy • KW Philly
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