Property
Philadelphia, PA 19143 5416 Baltimore Avenue
$850,000
7 more
Presented By: KW Empower
SQFT • 2,363
Home Details
***RECENT NEW CONSTRUCTION 5 UNIT BUILDING WITH TAX ABATEMENT**Built in 2023 this property is fully occupied and ready to be your next investment. Start collecting rent as soon as you close. Located right on Baltimore Avenue the location is prime. The building consists of 5 residential units with a front paved fenced in space perfect for trash receptacles. UNIT 1: 1 bed/1 bath rented for $1,000. UNIT 2: 1 bed/1 bath rented for $1,250. UNIT 3: 1 bed/1 bath rented for $1,000. UNIT 4: 1 bed/1 bath rented for $1,175. UNIT 5: 1 bed/1 bath rented for $1,175. Building is conveniently electric with a unique side entrance up a private walkway to the units. Property is in excellent condition and maximizes space. Tax abatement began in 2024 and is good for 9 more years. The location can't be beat with its close proximity to Septa public transportation to all areas of the city and just a short distance to University City. Schedule your showing today or call for a private tour. Also available are 316 S 52nd Street and 4811 Walnut Street.
Presented By: KW Empower
Interior Features for 5416 Baltimore Avenue
Other Interior Features
Central Air Y/NYes
FlooringEngineered Wood
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 5416 Baltimore Avenue
Acceptable FinancingCash, Other
AccessibilityNone
Business TypeApartment Building
CityPHILADELPHIA
Construction MaterialsMasonry
Cool FuelElectric
CoolingCentral A/C
CountyPHILADELPHIA
DirectionsTake Baltimore Avenue to 54th
ExclusionsTenants personal property
Heating90% Forced Air
Lease Considered Y/NNo
Lot Size Square Feet2370.00
Lot Size UnitsSquare Feet
MLS Area19143 (19143)
ModificationTimestamp2025-03-04T19:32:50
MunicipalityPHILADELPHIA
New ConstructionNo
Number Of Units Total5
OwnershipFee Simple
PossessionSubject to Existing Lease
Price Per Sq Ft Total AG279.61
Property ConditionExcellent
Property SubtypeFive Or More Units
Property TypeCommercial Sale
Property UseInvestment
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameCOBBS CREEK
Tax Annual Amount681.0
Tax Assessed Value48700.0
Tax Lot58
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built2023
Year Built SourceEstimated
ZoningRM1
Exterior for 5416 Baltimore Avenue
Building Area Total3040.00
Car Parking Spaces
InclusionsAll window blinds, appliances
Land Assessed Value9740.00
Land Use CodeO30
Lot Dimensions16.00 x 152.00
Lot Size Acres0.05
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Tina Torres
Broker/Owner