$1,500,000
$1,500,000
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1501 N 5TH ST Philadelphia, PA 19122
5,528 SqFt
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
Year Built 2021
Annual Tax Amount $174
Tax Year 2021
Lot Size 1,297 Sqft
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
Exterior
Garage Spaces 2.0
Utilities Available Natural Gas Available, Phone Available, Sewer Available, Water Available, Cable TV
Water Access N
Roof Type Fiberglass
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction Y
Schools
School District The School District Of Philadelphia
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Kimberly Cassidy • KW Philly