1831 S 5TH ST Active Save Request In-Person Tour Request Virtual Tour
Philadelphia,PA 19148
Key Details
Property Type Multi-Family, Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,475 sqft
Price per Sqft $191
MLS Listing ID PAPH2434530
Style Straight Thru,Traditional
Abv Grd Liv Area 2,475
Originating Board BRIGHT
Year Built 1915
Annual Tax Amount $5,233
Tax Year 2025
Lot Size 1,060 Sqft
Acres 0.02
Lot Dimensions 16.00 x 66.00
Property Description
This property is legally zoned three unit building with active rental licenses located in Dickinson Narrows, South Philadelphia, close to the neighborhoods of East Passyunk, Moyamensing & Pennsport. This property is adjacent to a transformative intersection, anchored by a Commercial Mixed Use Corridors and surrounded by residential & multi-unit development and major infrastructure projects. This triplex is three large 2 bedroom/1 bathroom units through the 3 story structure, with a backyard and common easement. Enter into the vestibule and find a hallway with a door that leads to the first floor unit with access to the backyard. The second floor unit is not self-contained providing a value-add upside play to convert into two studios bringing the total unit count to 4 or more units. There are 4 gas meters (1 house), brand new 240 electrical service and heads, 3 water heaters, and 1 heating furnace. Common heat is currently configured for the building but switching to in-unit baseboard electric would be wise and economical. Cosmetic upgrades throughout building, with in-unit washer/dryer on third floor unit. If you are looking to house hack, an apartment unit can be made available to you. All units are currently occupied grossly below market rates 1) $950, 2) $1,050, 3) $1,200 (prior lease $1,400). Within short distance from this property lies East Passyunk Ave, which holds over 160 independent businesses and retail locations, ranging from multicutltural cuisines, entertainment, bars, shopping, retail, the arts, and many other amenities. East Passyunk is home to James Beard International food award recipients and is one of Food & Wine Magazine's Top 10 Foodie Destinations in the country. Dickinson Narrows also is adjacent to the Riverwards along the Delaware River, with many amenities and festivities for families and residents of all ages.
Location
State PA
County Philadelphia
Area 19148 (19148)
Zoning RM1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Brick/Mortar,Slab
Sewer Public Sewer
Water Public
Architectural Style Straight Thru,Traditional
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Tax ID 011453000
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard