Property

Philadelphia, PA 19143 5039 Springfield Avenue

5039 Springfield Avenue Philadelphia, PA - Image 15039 Springfield Avenue Philadelphia, PA - Image 25039 Springfield Avenue Philadelphia, PA - Image 3
33 more
5039 Springfield Avenue Philadelphia, PA - Image 45039 Springfield Avenue Philadelphia, PA - Image 55039 Springfield Avenue Philadelphia, PA - Image 65039 Springfield Avenue Philadelphia, PA - Image 75039 Springfield Avenue Philadelphia, PA - Image 85039 Springfield Avenue Philadelphia, PA - Image 95039 Springfield Avenue Philadelphia, PA - Image 105039 Springfield Avenue Philadelphia, PA - Image 115039 Springfield Avenue Philadelphia, PA - Image 125039 Springfield Avenue Philadelphia, PA - Image 135039 Springfield Avenue Philadelphia, PA - Image 145039 Springfield Avenue Philadelphia, PA - Image 155039 Springfield Avenue Philadelphia, PA - Image 165039 Springfield Avenue Philadelphia, PA - Image 175039 Springfield Avenue Philadelphia, PA - Image 185039 Springfield Avenue Philadelphia, PA - Image 195039 Springfield Avenue Philadelphia, PA - Image 205039 Springfield Avenue Philadelphia, PA - Image 215039 Springfield Avenue Philadelphia, PA - Image 225039 Springfield Avenue Philadelphia, PA - Image 235039 Springfield Avenue Philadelphia, PA - Image 245039 Springfield Avenue Philadelphia, PA - Image 255039 Springfield Avenue Philadelphia, PA - Image 265039 Springfield Avenue Philadelphia, PA - Image 275039 Springfield Avenue Philadelphia, PA - Image 285039 Springfield Avenue Philadelphia, PA - Image 295039 Springfield Avenue Philadelphia, PA - Image 305039 Springfield Avenue Philadelphia, PA - Image 315039 Springfield Avenue Philadelphia, PA - Image 325039 Springfield Avenue Philadelphia, PA - Image 335039 Springfield Avenue Philadelphia, PA - Image 345039 Springfield Avenue Philadelphia, PA - Image 355039 Springfield Avenue Philadelphia, PA - Image 365039 Springfield Avenue Philadelphia, PA - Image 37
Presented By: RE/MAX One Realty - TCDT
  • MLS# PAPH2380596
  • 07/26/2024
  • Request Tour
  • Request Info
  • SQFT • 3,780

Home Details

This is a fully renovated, 5-unit investment property in the rapidly appreciating Kingsessing neighborhood, adjacent to Squirrel Hill/Cedar Park. The P&L is included in the Document tab of the MLS listing. This is a corner property, which means that all units get tons of sunlight from windows on multiple sides of each apartment. The building is conveniently located just a few blocks from the restaurants and shops on Baltimore Ave. and has a WalkScore of 83, so most errands can be accomplished easily on foot. The property is also only one block away from Kingsessing Park/Recreation Center and is surrounded by bus and trolley lines along with the Indego bike station and the 49th St. rail station just 2 blocks away at the corner of 49th St. and Chester Ave. All utilities have been separated already (electric meters, gas meters, water heaters, & boilers) and the huge basement with a separate side entrance increases the potential of the building by adding a 6th unit with the proper zoning/permits!
Presented By: RE/MAX One Realty - TCDT

Interior Features for 5039 Springfield Avenue

Other Interior Features

Central Air Y/NNo
FlooringHardwood
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric

General for 5039 Springfield Avenue

Acceptable FinancingCash, Conventional, FHA, FHA 203(b), FHA 203(k), VA
AccessibilityNone
Business TypeApartment Building
Cap Rate6.18
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingWindow Unit(s)
CountyPHILADELPHIA
DirectionsHeading SW on Springfield Ave, property will be on your right just before 51st St. (corner property)
ExclusionsTenants furniture and personal belongings; including window treatments, microwaves, and window AC units
FULLFee Simple
HeatingRadiant
Historic Y/NNo
Lot Size Square Feet2646.00
Lot Size UnitsSquare Feet
MLS Area19143 (19143)
ModificationTimestamp2024-11-11T14:32:47
MunicipalityPHILADELPHIA
New ConstructionNo
NumberOfUnitsTotal5
OwnerPaysCommon Area Maintenance, Insurance, Management, Pest Control, Sewer, Snow Removal, Water
PossessionSettlement
Price Per Sq Ft Total AG171.93
Property ConditionGood
Property SubtypeFive Or More Units
Property TypeCommercial Sale
Property UseInvestment
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameWEST PHILADELPHIA
Tax Annual Amount9036.0
Tax Assessed Value645500.0
Tax Lot175
Tax Year2025
Total Actual Rent60240.00
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1915
Year Built SourceAssessor
ZoningRM-1
Zoning DescriptionCity Cert included in the Documents tab. Zoning Classification RM-1, legally registered for use as a 5-unit dwelling.

Exterior for 5039 Springfield Avenue

Building Area Total3780.00
InclusionsRefrigerators
Land Assessed Value129100.00
Land Use CodeU50
Lot Dimensions25.00 x 108.00
Lot FeaturesCorner, Rear Yard
Lot Size Acres0.06
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingNone
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Charles Torres

Owner
Price $649,900
MLS#PAPH2380596
List Date 07/26/2024
Property Type Commercial
Request Tour
Request Info
Visit My Website

Similar Properties to 5039 Springfield Avenue

Get Pre-approved