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1831 S 5TH Street

PHILADELPHIA, PA 19148
  • $475,000
  • STATUS: Active
  • ON SITE: 36 Days
  • ID#: PAPH2434530
$475,000
  • 0
    BEDS
  • 0.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,475
    SQFT
  • $192
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:

School Ratings & Info

School District:

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. Owner is a licensed PA agent/reatlor.

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eric Askew | RE/MAX Experience. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-17T23:51:04.49.
www.ericaskewhomes.com/homes/159384814
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1831 S 5TH Street PHILADELPHIA, PA 19148

  • Price: $475,000
  • Status: Active
  • On Site: 36 Days
  • ID#: PAPH2434530
0
Beds
0
Baths
0
½ Baths
0.02
Acres
2,475
SQFT
$192
$/SQFT
1915
Built
Neighborhood:
19148 (19148)
County:
Philadelphia
Area:
19148 (19148)
School District:
Philadelphia City
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. Owner is a licensed PA agent/reatlor.
Exterior Features

Architectural Style Straight ThruTraditional Construction Materials Masonry Garage YN No Parking Types None Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 2475 Above Grade Unfinished Area 2475 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Window Unit(s) Fireplace YN No Heating Forced Air Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 3 Units Furnished All

Property Features

Accessibility Features None Central Air YN No Cooling Fuel None Foundation Details Brick/MortarSlab Heating Fuel Natural Gas Hot Water Natural Gas Municipality PHILADELPHIA Navigable Water YN N New Construction YN No Number Of Units Leased 3 Number Of Units Total 3 Original MLSNumber 803565589616 Ownership Interest Fee Simple Property Sub Type Triplex Sale Type Standard Sewer Public Sewer Structure Design Type Interior Row/Townhouse Tax Annual Amount 5233.00 Tax Lot 355 Vacation Rental YN No Water Source Public Zoning RM1

Listing courtesy of RE/MAX Ready: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eric Askew | RE/MAX Experience. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-02-17T23:51:04.49.
 
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