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Off market

Buy a townhomeat 1214 N 5TH STREET, PHILADELPHIA, PA 19122

$925,000

$950,000 (-2.63%)

$0/mo

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Multifamily

3,270 Sq. Ft.

2,178 Sq. Ft. lot

745 Days on market

PAPH2099080 MLS ID

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About 1214 N 5TH STREET townhome

We are offering a downpayment assistance program $5,000 in closing cost, $500 for appraisal and $500 Home Warranty. Delivered turnkey for an investor looking for ROI & income property located No-Libs adjacent, this is an excellent opportunity to own a Quadplex boasting approximately 3270 SQ FT. Also, great opportunity for an owner-occupant to reside in one unit and have the rental income pay for your mortgage. RM-1 Zoning. The building is comprised of 4 residential units, which are 2 units that are 2 bedrooms & 1 bathroom & 2 units which are 1 bedroom & 1 bathroom. On the first floor, there are 2 units, one located in the front & one located in the rear of the building. The first-floor front is a 1 bedroom & 1 bathroom unit. 1 Rear is 3-story, 2 bedrooms & 1 bathroom unit that is compromised on the 1st, 2nd & 3rd floors at the rear of the building. Located on the 2nd floor, there is 1 bedroom & 1 bathroom recently updated unit. There is a common coin-operated laundry on the second floor for all occupants to utilize and generates extra income. On the 3rd floor, there is a 2 bedroom & 1 bathroom. All units have been maintained and offer, recessed lighting, ceiling fans, hardwood floors, gas range, refrigerators & dishwashers. All units are separately metered for electricity and there is a common electric meter. There are 4 hot water heaters. Pride of ownership is evident throughout. The unfinished basement is accessible from the first-floor hallway and provides additional storage space. The added convenience of breezeway & large rear yard. The property is being sold in As-Is Condition. The property qualifies for CRA financing with 3% down & no mortgage insurance for added savings. Buyer needs to do their own due diligence to verify the zoning. Super easy access to shopping, coffee shops, restaurants & bars, in Northern Liberties, Fishtown & Olde Kensington. Easy access to public transportation & located in close proximity to the Girard Ave line. Walker's paradise at 95, Excellent Transit Score at 75 & Very Bikeable at 77.
We are offering a downpayment assistance program $5,000 in closing cost, $500 for appraisal and $500 Home Warranty. Delivered turnkey for an investor looking for ROI & income property located No-Libs adjacent, this is an excellent opportunity to own a Quadplex boasting approximately 3270 SQ FT. Also, great opportunity for an owner-occupant to reside in one unit and have the rental income pay for your mortgage. RM-1 Zoning. The building is comprised of 4 residential units, which are 2 units that are 2 bedrooms & 1 bathroom & 2 units which are 1 bedroom & 1 bathroom. On the first floor, there are 2 units, one located in the front & one located in the rear of the building. The first-floor front is a 1 bedroom & 1 bathroom unit. 1 Rear is 3-story, 2 bedrooms & 1 bathroom unit that is compromised on the 1st, 2nd & 3rd floors at the rear of the building. Located on the 2nd floor, there is 1 bedroom & 1 bathroom recently updated unit. There is a common coin-operated laundry on the second floor for all occupants to utilize and generates extra income. On the 3rd floor, there is a 2 bedroom & 1 bathroom. All units have been maintained and offer, recessed lighting, ceiling fans, hardwood floors, gas range, refrigerators & dishwashers. All units are separately metered for electricity and there is a common electric meter. There are 4 hot water heaters. Pride of ownership is evident throughout. The unfinished basement is accessible from the first-floor hallway and provides additional storage space. The added convenience of breezeway & large rear yard. The property is being sold in As-Is Condition. The property qualifies for CRA financing with 3% down & no mortgage insurance for added savings. Buyer needs to do their own due diligence to verify the zoning. Super easy access to shopping, coffee shops, restaurants & bars, in Northern Liberties, Fishtown & Olde Kensington. Easy access to public transportation & located in close proximity to the Girard Ave line. Walker's paradise at 95, Excellent Transit Score at 75 & Very Bikeable at 77.

Property details

Appliances & Equipment

Oven/Range - Gas

Dishwasher

Refrigerator

Basement

Unfinished

Building

3,270 sqft living area

Built in 1915

Structure Type: Interior Row/Townhouse

4 units in building

Loft

Unit/Flat

Split Level

Masonry

Cooling

Central Air

Electric

Central A/C

Floors

Hardwood

Foundation

Stone

Heating

Natural Gas

Hot Water

Income

Gross Income: $4,945

Interior Features

Wood Floors

Listing

480 days on market

$283 per sqft

Property Sub Type: Quadruplex

Location

Municipality: PHILADELPHIA

County: Philadelphia

Location Type: Urban

MLS Area: 19122 (19122)

Subdivision: Northern Liberties

Lot

2,175 sqft

Lot Size Dimensions: 20.00 x 100.00

0.05 acres

Rear Yard

SideYard(s)

Property

Other Structures: Above Grade,Below Grade

Other Units: Unit 1,Unit 2,Unit 4,Unit 3

2 one-bedroom units

2 two-bedroom units

Schools

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Sewer

Public Sewer

Taxes

City/Town Tax: $3,912

City/Town Tax Pymnt Freq: Annually

School Tax: $4,756

Tax Annual Amount: $8,668

Tax Year: 2023

Utilities

Hot Water: Natural Gas

Monthly cost

Estimated monthly cost

$6,527/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$869,500

+$27,750

$897,250

Seller agent commission$27,750 (3%)*

$0 (0%)

Buyer agent commission$27,750 (3%)*

$27,750 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $27,750 more selling your home
with an Unreal Estate agent

Start free MLS listing
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State

  • Real Estate for Sale in Pennsylvania

Unreal Estate checked: Aug 8, 2023 at 4:32 p.m.

Data updated: Jul 28, 2023 at 8:04 p.m.

Courtesy of Maria Maria Quattrone Quattrone, RE/MAX @ HOME
This content last updated on 07/28/2023.
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available.
Listing Information © 2024 BrightMLS. All Rights Reserved.

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