524 S 5th St, Philadelphia, PA 19147

Studio-- baths2,430 sqft

For Sale
$700,000
Est. Mortgage
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Estimated Monthly Payment

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My Notes

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This is an amazing opportunity to own a multi-unit investment property complete with a successful Hookah Lounge on the first floor and a desirable bi-level four bedroom rental unit on the second and third floors. This property is located right off of the vibrant South Street, one of Philly's biggest tourist attractions. The location holds a 99 out of 100 walk score and is considered one of the most walk-able areas in Philadelphia. So whatever business is in this location can depend on lots of foot traffic! There is also extremely easy public transportation from this location. This is a rare chance to own a great income producing property in an excellent location so make your appointment today! Please see documents section for more details.

Facts

  • Apartment
  • Built in 1900
  • 123 days on Zillow
  • Views: 3,766 all time views
  • 2 shoppers saved this home
  • Cooling: Wall
  • Parking: 0 space
  • Last sold: Feb 1994 for $30,000

Features

  • View: Territorial

      Room Types

      • Dining room
      • Family room

      Construction

      • Exterior material: Brick
      • Roof type: Other
      • Stories: 3
      • Structure type: Other

      Other

      • Floor size: 2,430 sqft
      • Heating: Gas
      • Lot depth: 54
      • Lot width: 18
      • Parcel #: 871281250
      • Zillow Home ID: 80950877

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $1,679/mo
      -$40 Last 30 days
      $1.1K
      $2.5K
      Zestimate range

      Comparable Homes

      Homes like this sold for $2K-1.05M.

      $0K
      $1.06M

      Popularity on Zillow

      749 views since listing
      3,766 all-time (chart)
      2 shoppers saved
      this home to their list of favorites

      Mortgages

      Neighborhood: Old City

      Zillow predicts Old City home values will rise 1.2% next year, compared to a 0.9% decrease for Philadelphia as a whole. Among Old City homes, this home is 93.4% more expensive than the midpoint (median) home, but is priced 16.3% less per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In Old City, the number of foreclosures waiting to be sold is 79.3% lower than in Philadelphia, and 76.2% less than the national average. This lower local number could help Old City home values rise more quickly than other regions in Philadelphia.

      Learn more about forecast calculations or Old City home values.
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      Nearby

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        Rentals

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        Nearby Schools in Philadelphia

        GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org