See Home Value
$919,230*
Multifamily - Off Market

1214 N 5TH STREET

PHILADELPHIA, PA 19122
bedrooms
Studio
bathrooms
0 Bath
square feet
3270 Sqft
$833,000 - $1,017,000
Reference Base Price*
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

We are offering a downpayment assistance program: $5,000 in closing cost, $500 for appraisal, and $500 for Home Warranty through Motto Mortgage Expert Solutions.  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.

The manager has listed the unit size as 3270 square feet.
Unit Size
3,270Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$283
Property Type
Multifamily
Property Taxes
$722
HOA Dues
-
Year Built
1915

Price History

Date / Event Date Event Price
Jun 5, 2022 Relisted $925,000
Relisted
May 29, 2022 In contract -
In contract
May 4, 2022 Price Decreased $925,000
↓ $25K (2.6%)
Price Decreased
Mar 31, 2022 Listed $950,000
Listed

Property Highlights

Air Conditioning
Interior Details

Basement Information

Basement
Exterior Details

Exterior Information

Masonry


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
4 Beds
4 Baths
3,189 ft²
$293/ft²
$935,000 Jun 17, 2023
$935,000 Aug 31, 2023
-
Townhouse
3 Beds
5 Baths
3,276 ft²
$238/ft²
$780,000 Feb 15, 2018
$780,000 Apr 20, 2018
-
Townhouse
4 Beds
3 Baths
3,200 ft²
$319/ft²
$1,020,000 Apr 19, 2023
$1,020,000 May 24, 2023
$31/mo
Townhouse
3 Beds
3 Baths
3,120 ft²
$296/ft²
$922,500 Sep 14, 2023
$922,500 Dec 18, 2023
-
Townhouse
3 Beds
5 Baths
2,930 ft²
$338/ft²
$989,900 Sep 7, 2023
$989,900 Oct 11, 2023
$200/mo
Townhouse
3 Beds
5 Baths
2,930 ft²
$341/ft²
$999,400 Sep 12, 2023
$999,400 Dec 13, 2023
$200/mo
Multifamily
Stu
-
3,324 ft²
$241/ft²
$799,900 Oct 28, 2023
-
$2,399/mo
Multifamily
Stu
-
2,760 ft²
$380/ft²
$1,050,000 Oct 7, 2022
-
$572/mo
Multifamily
Stu
-
1,854 ft²
$415/ft²
$770,000 Oct 9, 2022
-
$406/mo
Townhouse
Stu
-
-
$925,000 Mar 31, 2022
-
-
Townhouse
4 Beds
5 Baths
2,900 ft²
$328/ft²
$949,999 Oct 20, 2022
-
$50/mo
Townhouse
3 Beds
3 Baths
3,364 ft²
$287/ft²
$964,600 Sep 7, 2023
-
$100/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

1214 North 5th Street 1214 North 5th Street, Philadelphia, PA 19122
  • 1 Unit for Sale
More about this Building
1214 North 5th Street
Want to find out who owns 1214 North 5th Street, Philadelphia, PA 19122? Get detailed property transactions here .

About North Philadelphia


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